““CEOs go to their vacation homes just after companies report favorable news, and CEOs return to headquarters right before subsequent news is released. More good news is released when CEOs are back at work, and CEOs appear not to leave headquarters at all if a firm has adverse news to disclose. When CEOs are away from the office, stock prices behave quietly with sharply lower volatility. Volatility increases immediately when CEOs return to work.” —David Yermack, a New York University finance professor, whose recently released study shows a correlation between when CEOs take their private jets on vacation and movements in their companies’ stock price ”
Notable Air Charter Providers
Buyers' Guide » 2014
Tuesday, July 29, 2014 - 4:00pm
Air Charter Service
(aircharterservice.com, NY office: 516-432-5901)
Worldwide charter broker has access to more than 50,000 aircraft.
Global charter broker with 25 offices in North America, Asia, Europe and Middle East. Access to all aircraft categories and types from vetted operators. Has facilitated more than 1,500 presidential and royal flights.
Associated Aircraft Group
Sikorsky-owned operator offers the largest fleet of S-76 VIP helicopters in Northeast U.S.
U.S.-based charter operator offering flights in Europe, Asia, Russia and Middle East. Operates Boeing BBJ, Gulfstream, Bombardier and other large-cabin jets.
(chapman-freeborn.com, +44 01 293 572 872)
Global charter broker with more than 30 offices and strong presence in Asia. Access to aircraft from helicopters to executive-configured airliners from vetted operators.
Clay Lacy Aviation
ARGUS- and Wyvern-approved operator offers wide assortment of business jets, ranging from super-lights to large-cabin models.
Delta Private Jets
Charter arm of Delta Airlines’ fractional and card program offers one-way pricing using more than 1,000 light, midsize, super-midsize and large-cabin jets from its owned and managed fleet and partner charter operators.
Based at Long Island MacArthur Airport in New York, this operator has a fleet of more than 20 aircraft, ranging from the Citation CJ3 light jet to the long-range Gulfstream GV. It is a division of Hawthorne Global Aviation, which also offers FBO services at MacArthur Airport and several other U.S. locations.
Executive Jet Management
Charter arm of the NetJets fleet. Offers “city pair” one-way pricing and pay-as-you-go block-charter program with flat discounted rates.
ExecuJet Aviation Group
(execujet.net, +41 44 876 5555, Zurich)
Manages large fleet of business aircraft, including many available for charter worldwide.
Fair Wind Air Charter
South Florida-based operator with more than 20 aircraft from light to large-cabin jets and access to additional lift from vetted operators. Offers airport-to-airport guaranteed pricing and one-way and roundtrip per-hour rates. Serves North and South America.
U.S. arm of UK-based aviation-services provider. Operates more than 40 aircraft ranging from light jets to Global 5000s. Access to hundreds of aircraft from partner fleets. Maintains UAE-based charter fleet for access to Middle East.
(jetaviation.com, 800-736-8538, North America, +41-58-158-8686, Europe, +852-2215-3833, Asia)
General Dynamics owns this nearly 40-year-old worldwide charter operator. Also offers jet cards.
Owns and operates Embraer Phenom 100s and JetSuite Edition Cessna Citation CJ3 light jets in continental U.S. and Caribbean. One-way pricing; membership program provides discount rates. Daily point-to-point specials.
Connecticut-based operator claims one of the industry’s newest fleets, including models from Bombardier, Gulfstream and Dassault Falcon.
Charter arm of the aviation-services company with 57 FBO locations in U.S., Canada and Western Europe. Operates more than 50 charter aircraft, from turboprops to large-cabin jets and air ambulances. Discount block-charter rates available.
Operates Eclipse 500 VLJs and Cirrus SR-22 single-engine piston aircraft, offering low-cost short-haul charter in New England, Northeast, Southeast and Salt Lake City area.
Teterboro, New Jersey-based charter company also offers FBO, aircraft management and maintenance services. Has sales offices in Santa Rosa and San Jose, California.
(pentastaraviation.com, 800-662-9612)Nearly 50-year-old Wyvern-approved and ARGUS Platinum-rated operator offers worldwide service.
Founded in 1945. Operates more than 30 charter aircraft from turboprops to large-cabin models across eastern half of the U.S. Provides N-registered aircraft for charter customers in Asia through partnership with TAG Aviation Asia.
(privatair.com, +41 (0) 22 929 6730)
Geneva-based company provides charter services on its own managed fleet and via other operators.
(royaljetgroup.com, +971 (2) 5051 500)
Based in the United Arab Emirates, this operator has its own VIP terminal at Abu Dhabi International Airport.
Largest provider of charter flights in the U.S. Access to aircraft from turboprops to large-cabin jets flown by more than 100 vetted operators. Offers one-way pricing and easy quoting on roundtrip and multi-leg trips.
Operates more than 20 charter aircraft from turboprops to large-cabin jets based across the U.S., and sources aircraft from vetted operators. Alliance with Hong Kong-based Metrojet offers charter services in Asia.
(tagaviation.com, +41 22 71 70100)
Switzerland-based aviation-services provider operates more than 50 aircraft in its charter fleet, predominating in European-based large-cabin jets, and sources aircraft from partner operators worldwide. TAG Account provides customized solutions and discounted flight time.
Charter fleet includes Pilatus PC-12, CItation SII, Citation V, Citation XL and Gulfstream IV. Offers jet cards and aircraft sales, management and completions. Eight locations throughout U.S.
Travel Management Company, Ltd.
Privately owned, full-service air charter company operates more than 70 Hawker 400/800/850XPs as well as Challenger 604s. Offers point-to-point pricing as well as flexible charter programs.
Worldwide charter operator with large fleet. Also offers jet cards.
(vistajet.com, +44 0 207 060 5700)
Owns and operates all-Bombardier fleet (Learjet 60XR; Challenger 350, 605 and 850; Global 6000) in Asia, Europe, the Middle East and West Africa. Cabin attendant on all flights and all aircraft maximum three years old.
Offers point-to-point pricing on its owned and operated, Wi-Fi-equipped fleet of late-model Challenger 300s and Cessna Citation Xs and an additional 900 aircraft through its Preferred Partner Network. All-inclusive Los Angeles–New York rates start at about $25,600, plus FET.
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