Charter Industry Seeks New Audit Standard

Business Jet Traveler » October 2007
Monday, October 1, 2007 - 5:00am

The Air Charter Safety Foundation is working to develop an industry-wide audit standard by the end of this year. Such a standard would free charter operators from the need to undergo audits by each of several competing companies. Auditors from CharterX/Wyvern and ARG/US, the industry leaders, have been invited to participate in the project, and representatives from such private-jet companies as Flight Options, NetJets and Sentient have already signed on. Participating companies have committed to adhering to the standards once they are published.

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“"Many years ago, our company founder, Al Conklin, sold a new twin-engine business aircraft to a very successful entrepreneur. He had established a bit of a rapport with the individual and, after the sale, asked him straight out, 'How can you justify the cost of this airplane?' His reply? 'What is the cost of a divorce?'"–David Wyndham, president, Conklin & de Decker”

-David Wyndham