Broker

November 18, 2008 - 10:50am

An elaborate scam originating in South Africa threatens to bilk business aviation interests out of substantial sums of money, according to Canadian consulting firm Business Aviation Service Solutions (Bass). It has been investigating the aircraft brokerage scheme, which is linked to the 2010 FIFA Football World Cup Finals.

October 14, 2008 - 11:43am

The charter industry is increasingly optimistic, according to two charter brokerage firms. Chief Executive Air CEO Jeffrey Menaged said business jet and fractional owners are now turning to charter as a way to reduce overhead and save money. “Even during fiscally challenging times, travel remains a necessity for many people,” he said. “We feel that in today’s volatile market people are looking to preserve cash and capital.

October 1, 2008 - 5:57am

Avinode (Booth No. 3117), the business- to-business platform for online buying and selling of charter flights, was conceived barely a decade ago by three students as part of a joint thesis paper for the Chalmers University of Technology in Gothenberg, Sweden. As a business venture, it was modified and launched in 2001 with European charter operators as its primary market.

June 30, 2008 - 8:53am

Executive charter broker Air Partner has opened new offices in Washington, D.C., and Boston. The UK-based group also has operations in New York City and Fort Lauderdale, Fla., having moved into the U.S. market five years ago.

June 19, 2008 - 11:50am

Recent enforcement actions against charter brokers using “unfair or deceptive” business practices have come under scrutiny, and some organizations are now pressing for government regulation. “The one industry that is not regulated is brokers,” Sentient Flight Group vice president of aircraft management Gil Wolin said this week at the Corporate Aircraft Transactions Conference in New York City. “The DOT has completely ignored them.

May 18, 2008 - 12:01am

Early 2008 has seen muted interest, if not a full-blown downturn, in demand for executive charter service in Europe, according to leading charter brokers. “While business levels are still good, corporate client requirements seem to have flattened in the past three to five months,” said David Macdonald, sales director for private jet business at Air Partner (Booth No.

May 7, 2008 - 9:32am

Demand for executive aircraft charter continues to be softened by depressed trading activity in the financial community, which has previously been a core market for corporate jet operators. The world’s two leading executive charter brokers, Air Partner and Hunt & Palmer, say they have preserved revenues over the past 12 months only by diversifying geographically and by attracting new business.

February 27, 2008 - 5:31am

Aviation Research Group U.S. (ARG/US) awarded its first certified broker designation to Jets.com at the NBAA Schedulers and Dispatchers Conference in Savannah, Ga. last month. Jets.com is headquartered in Quincy, Mass., and has offices in Manhattan; White Plains, N.Y.; and Phoenix.

January 31, 2008 - 11:04am

On the second day of this year’s NBAA Schedulers & Dispatchers Conference, which is being held in Savannah, Ga., attendee numbers had already exceeded last year’s total of 2,471. As of midday yesterday, 2,593 people showed up for four days of seminars, exhibits and networking. Exhibit booths sold climbed to 391, up from last year’s 352, according to NBAA senior manager of seminars Dina Green.

January 31, 2008 - 11:04am

On the second day of this year’s NBAA Schedulers & Dispatchers Conference, which is being held in Savannah, Ga., attendee numbers had already exceeded last year’s total of 2,471. As of midday yesterday, 2,593 people showed up for four days of seminars, exhibits and networking. Exhibit booths sold climbed to 391, up from last year’s 352, according to NBAA senior manager of seminars Dina Green.

 
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