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Delta sends rescue flight to Houston

Delta Air Lines sent a rescue flight to Houston on Monday to bring supplies and relief workers, and to evacuate customers and employees while Houston airports remain closed through Tuesday. All of the airline’s Houston flights have been suspended since Sunday until further notice due to the effects of Hurricane Harvey.

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Flight Options

Flight Options, LLC is the second-largest private aviation company in the United States, providing more than 1,300 Owners and clients with a full suite of fractional ownership, membership and jet card programs.

OTHER ARTICLES
Defense and Space

COVID TRAVEL RESTRICTIONS IMPACTING BUSINESS AVIATION

Article | June 8, 2022

While countries continue to implement new Omicron-related restrictions in response to the rising number of cases globally, a majority of these are in the form of enhanced COVID testing requirements – not travel bans. As a result, travel demand for popular peak-season destinations has remained strong, and over the past few days we’ve seen a BIG INFLUX in bookings as news trickles out that Omicron may be a less severe variant. If this continues, we expect to see another prolonged booking surge, so plan accordingly and get your requests in ASAP for best options – especially parking and hotels. While the new U.S. 24-hr testing requirement for return travel is tight, it’s not a big deal if you are prepared with an approved at-home testing kit (like Abbott BinaxNow, Qured, Ellume, etc.). Alternatively, our Trip Support Teams can help you identify testing providers abroad. Looking ahead to your missions in 2022, you may want to consider On-Aircraft COVID Testing for your N-registered aircraft. It’ll make international COVID testing MUCH easier on you and your passengers when at-home testing kits aren’t an option.

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Business Aviation

The Rise Of Green Travel – How We Will Be Able To Fly In A Sustainable Way By 2022

Article | December 28, 2021

Although airlines only contribute to 2% of global emissions today, research indicates that this number could rise if air travel continues to grow. As such, airlines need to adapt and find new ways to become more sustainable. Successful implementation of eco-conscious strategies will see carriers achieve higher profits and maintain the trust of customers. SimpliFlying has a long history of helping airlines craft the future of travel and we believe that addressing climate change is essential to rebuilding trust in the aviation industry.

Read More
Business Aviation

How AI can save airline customer service teams in times of crisis

Article | January 28, 2022

The coronavirus outbreak has put airline customer care teams on the front lines. Airlines that have adopted artificial intelligence are alleviating some of the stress that their customer care teams are under.

Read More
Business Aviation

How are Private Aviation Firms Rebounding with Innovative Ideas?

Article | December 28, 2021

The pandemic has fueled the private aviation segment boom. It has raised many new aviation business bodies. While the private aviation segment was once reserved for millionaires and A-listers, it now has aircraft that look for more quick and secure gateways. “We’ve flown more for businesses now than ever, based private jet travel provider PrivateFly.This is the time to use capital to travel safely. We’re seeing sales year-to-date matching with 2020. The sales are outperforming in the private jet market. And since the pandemic hit, we have seen striking changes in clients’ profiles and buying habits." - Adam Twidell, CEO and founder of UK Despite the ongoing dimness of the growth of the aviation industry, there has been a fresh influx of customers for private jets. The pandemic empowered the private aviation companies. As a result, the private jet market has noticed a higher demand of 72% healthy since 2019. About this, Adam Twidell mentions that private aviation is cautiously hopeful about the future for private jet travel.So, how is the private aviation market growing? How is private jet travel becoming popular? Let’s understand it. Why are Private Jet Companies Taking Off? Today, many business travelers are seeking a safer way to fly due to the ongoing effect of the pandemic. As a result, the term ‘safer’ fly has turned to private jet travel. Its appeal in the present time has been evident. But some reasons that support the answer behind arethe taking off of private aviation companies are as follows: The Uncertainty of Commercial Aviation A drop in airline operations throughout the pandemic is one of the reasons. On the other hand, the pandemic facilitated an increase in the number of new business travelers in private aviation. A Shift in Consumer Behavior The surging number of first-time flyers have learned to invest in safety. Consumers are beginning to understand that investing in safety is essential today. Consequently, private aviation is not considered a luxury but a common choice as a reliable travel solution. Control & Flexibility The evolving new technologies in aviation have now created controllable operations. Such advancement has enabled aviation businesses to recover rapidly. Similarly, the private aviation sector is passing the power to customers to choose scheduled flights. The flexibility of the travel segment has added a value in terms of safety for business travelers. “For companies looking to fly more frequently, they may get a jet card membership award. It will be a one-off charter and the commitment of jet ownership. You get a consistency of aircraft services like fixed prices and flexible terms." -Twidell More Options for Domestic The domestic aviation sector is recovering compared to the international sector, which is still down by 20% as compared to 2019 as per IATA. All of this is due to the innovation by private aviation companies. What do these key reasons show us? First, private aviation has constantly been reaching extraordinary heights and serving outstandingly in the new normal. In this case, some prominent private aviation companies are doing wonders in the aviation industry. They are bringing innovative ideas and reshaping global businesses effectively. So, who are they? What are those private aviation companies doing? Let’s know further. The Best of 4 Private Aviation Firms Reshaping Aviation Business aviation is expected to reach a valuation of more than 2 billion in 2022. This would be more than twice the valuation recorded in 2019, as per the Global Insights Market research study. So, let’s study some of the most sorted-out private aviation firms. And how they are making innovatory inclusions in the aviation industry. XOJET Xojet is known as “Uber for the airways,” being the third-largest North American private aviation company. Xojet partnered with JetSmarter – the world’s largest mobile marketplace for private jets. They aim to bring novel opportunities, ways, and ideas to reshape the industry once again. Xojet took advantage of digitalization and made the idea of “Uber for the airways” on-demand and straightforward. JetSmarter now serves as the exclusive digital distributor for XOJET’s aircraft, which has provided access to a new technology player—an unparalleled supply of premium jets. “This shared venture is all about efficiency, which makes us more successful in assisting our clients.” And we will be able to accelerate the process of providing a digital solution for them.” -Brad Steward, CEO of Xojet The real opportunity is to put the 11,000 private jets in service in the US. And most of them would fly at an average of 200 hours annually at 30% capacity. As a result, XOJET generated more than $300 million worth of revenue in the second quarter of 2020. So, it is undoubtedly the digitization of private aviation that is concreting the pathway of growth of the industry for the future. NetJets NetJets has been serving as one of the oldest and largest private aviation companies. It accumulated a fleet of around 700 jets globally. NetJets’ plans for the first supersonic business jet with its sizeable fresh capital front. It plans to build a supersonic aircraft and is working with innovative and creative partners and private jet manufacturers. Additionally, NetJets has received a delivery of 25 new private jets so far in 2021. It expects to spend around $2.5 billion to add another hundred jets by the end of 2022. VeriJet VeriJet started offering aircraft engines based on cruise missiles and carbon-fiber fuselages. With the help of low emission techniques, the engines are more durable and promote efficient flying. In addition, it has involved artificial intelligence assistance with one pilot. AI helps the jet with landing and other flight operations. Richard Kane, VeriJet’s chairman, and CEO is counting on “carbon shaming” and promotes go-green emission and fly efficiently. Clay Lacy Aviation Clay Lacy Aviation has earned a reputation among other prominent private aviation users for its Waterbury-Oxford (KOXC) operations and maintenance facility. It has actively provided jet charter and looks after maintenance, aircraft management, repair, and renovation capabilities. “We have offered solutions for clients by providing the first charter to professional aircraft management. From heavy maintenance inspections and cabin upgrades. We offer all at the best value.” -Clay Lacy Aviation With this, Clay Lacy experienced an 80% growth over the first 18 months. The growth was recorded by word of mouth spread rapidly across the region based on the East Coast at airports from New Hampshire to Florida. Apart from this, a data-driven approach to private jet manufacturers and management constantly compares clients’ operating parameters. The process thus ensures that the asset is well-maintained and operates efficiently. The Demand for Private Aviation is Still Rising Experts say that the private aviation sector saw an uptick in 2021. In addition, the private aircraft firms witnessed a gradual rise in business from August 2021. The aviation industry has been tested for a long time when it comes to adapting to diverse requirements. But, in the end, the industry has smartly evolved through challenges over technology and innovation. And the numbers should only proceed to grow now as global businesses recover their positions in late 2021. “While the business aviation industry continues to experience a thriving market, the longer-term picture will clear step-by-step. Well-known issues such as the pilot shortage, collapse in values of used jets, lack of OEM innovation, rising operational costs have been recognized well, and the industry will cope soon. As a result, the overall environment is prepared for bringing in innovation from every aspect.” -Peter Maestrales, CEO, Airstream Jets Frequently Asked Questions What is the valuation of the private aviation market? The private jet aircraft’s market size was $24.4 billion globally in 2019. But during the pandemic, the valuation diminished by $20.1 billion. According to recent calculations, for the first quarter of 2021, the private aviation sector grew to a share of $23.6 billion. What countries have the most private jet operations? The United States occupies first place in private jet operations. But then, Europe is counted for having a big part of private jet operations. Why is the private aviation sector becoming more popular? Private flying has gained popularity because it has fared better than commercial operators. In addition, it has offered convenience, safety, time-saving, flexibility, and costs.

Read More
Defense and Space

5 Digital Strategies for the Aviation Industry

Article | June 8, 2022

While countries continue to implement new Omicron-related restrictions in response to the rising number of cases globally, a majority of these are in the form of enhanced COVID testing requirements – not travel bans. As a result, travel demand for popular peak-season destinations has remained strong, and over the past few days we’ve seen a BIG INFLUX in bookings as news trickles out that Omicron may be a less severe variant. If this continues, we expect to see another prolonged booking surge, so plan accordingly and get your requests in ASAP for best options – especially parking and hotels. While the new U.S. 24-hr testing requirement for return travel is tight, it’s not a big deal if you are prepared with an approved at-home testing kit (like Abbott BinaxNow, Qured, Ellume, etc.). Alternatively, our Trip Support Teams can help you identify testing providers abroad. Looking ahead to your missions in 2022, you may want to consider On-Aircraft COVID Testing for your N-registered aircraft. It’ll make international COVID testing MUCH easier on you and your passengers when at-home testing kits aren’t an option.

Read More
Business Aviation

How are Private Aviation Firms Rebounding with Innovative Ideas?

Article | December 28, 2021

Although airlines only contribute to 2% of global emissions today, research indicates that this number could rise if air travel continues to grow. As such, airlines need to adapt and find new ways to become more sustainable. Successful implementation of eco-conscious strategies will see carriers achieve higher profits and maintain the trust of customers. SimpliFlying has a long history of helping airlines craft the future of travel and we believe that addressing climate change is essential to rebuilding trust in the aviation industry.

Read More
Business Aviation

Travel Testing May Be Ending, But Airline Health Safety Measures Are Here To Stay

Article | January 28, 2022

The coronavirus outbreak has put airline customer care teams on the front lines. Airlines that have adopted artificial intelligence are alleviating some of the stress that their customer care teams are under.

Read More
Business Aviation

How are Private Aviation Firms Rebounding with Innovative Ideas?

Article | December 28, 2021

The pandemic has fueled the private aviation segment boom. It has raised many new aviation business bodies. While the private aviation segment was once reserved for millionaires and A-listers, it now has aircraft that look for more quick and secure gateways. “We’ve flown more for businesses now than ever, based private jet travel provider PrivateFly.This is the time to use capital to travel safely. We’re seeing sales year-to-date matching with 2020. The sales are outperforming in the private jet market. And since the pandemic hit, we have seen striking changes in clients’ profiles and buying habits." - Adam Twidell, CEO and founder of UK Despite the ongoing dimness of the growth of the aviation industry, there has been a fresh influx of customers for private jets. The pandemic empowered the private aviation companies. As a result, the private jet market has noticed a higher demand of 72% healthy since 2019. About this, Adam Twidell mentions that private aviation is cautiously hopeful about the future for private jet travel.So, how is the private aviation market growing? How is private jet travel becoming popular? Let’s understand it. Why are Private Jet Companies Taking Off? Today, many business travelers are seeking a safer way to fly due to the ongoing effect of the pandemic. As a result, the term ‘safer’ fly has turned to private jet travel. Its appeal in the present time has been evident. But some reasons that support the answer behind arethe taking off of private aviation companies are as follows: The Uncertainty of Commercial Aviation A drop in airline operations throughout the pandemic is one of the reasons. On the other hand, the pandemic facilitated an increase in the number of new business travelers in private aviation. A Shift in Consumer Behavior The surging number of first-time flyers have learned to invest in safety. Consumers are beginning to understand that investing in safety is essential today. Consequently, private aviation is not considered a luxury but a common choice as a reliable travel solution. Control & Flexibility The evolving new technologies in aviation have now created controllable operations. Such advancement has enabled aviation businesses to recover rapidly. Similarly, the private aviation sector is passing the power to customers to choose scheduled flights. The flexibility of the travel segment has added a value in terms of safety for business travelers. “For companies looking to fly more frequently, they may get a jet card membership award. It will be a one-off charter and the commitment of jet ownership. You get a consistency of aircraft services like fixed prices and flexible terms." -Twidell More Options for Domestic The domestic aviation sector is recovering compared to the international sector, which is still down by 20% as compared to 2019 as per IATA. All of this is due to the innovation by private aviation companies. What do these key reasons show us? First, private aviation has constantly been reaching extraordinary heights and serving outstandingly in the new normal. In this case, some prominent private aviation companies are doing wonders in the aviation industry. They are bringing innovative ideas and reshaping global businesses effectively. So, who are they? What are those private aviation companies doing? Let’s know further. The Best of 4 Private Aviation Firms Reshaping Aviation Business aviation is expected to reach a valuation of more than 2 billion in 2022. This would be more than twice the valuation recorded in 2019, as per the Global Insights Market research study. So, let’s study some of the most sorted-out private aviation firms. And how they are making innovatory inclusions in the aviation industry. XOJET Xojet is known as “Uber for the airways,” being the third-largest North American private aviation company. Xojet partnered with JetSmarter – the world’s largest mobile marketplace for private jets. They aim to bring novel opportunities, ways, and ideas to reshape the industry once again. Xojet took advantage of digitalization and made the idea of “Uber for the airways” on-demand and straightforward. JetSmarter now serves as the exclusive digital distributor for XOJET’s aircraft, which has provided access to a new technology player—an unparalleled supply of premium jets. “This shared venture is all about efficiency, which makes us more successful in assisting our clients.” And we will be able to accelerate the process of providing a digital solution for them.” -Brad Steward, CEO of Xojet The real opportunity is to put the 11,000 private jets in service in the US. And most of them would fly at an average of 200 hours annually at 30% capacity. As a result, XOJET generated more than $300 million worth of revenue in the second quarter of 2020. So, it is undoubtedly the digitization of private aviation that is concreting the pathway of growth of the industry for the future. NetJets NetJets has been serving as one of the oldest and largest private aviation companies. It accumulated a fleet of around 700 jets globally. NetJets’ plans for the first supersonic business jet with its sizeable fresh capital front. It plans to build a supersonic aircraft and is working with innovative and creative partners and private jet manufacturers. Additionally, NetJets has received a delivery of 25 new private jets so far in 2021. It expects to spend around $2.5 billion to add another hundred jets by the end of 2022. VeriJet VeriJet started offering aircraft engines based on cruise missiles and carbon-fiber fuselages. With the help of low emission techniques, the engines are more durable and promote efficient flying. In addition, it has involved artificial intelligence assistance with one pilot. AI helps the jet with landing and other flight operations. Richard Kane, VeriJet’s chairman, and CEO is counting on “carbon shaming” and promotes go-green emission and fly efficiently. Clay Lacy Aviation Clay Lacy Aviation has earned a reputation among other prominent private aviation users for its Waterbury-Oxford (KOXC) operations and maintenance facility. It has actively provided jet charter and looks after maintenance, aircraft management, repair, and renovation capabilities. “We have offered solutions for clients by providing the first charter to professional aircraft management. From heavy maintenance inspections and cabin upgrades. We offer all at the best value.” -Clay Lacy Aviation With this, Clay Lacy experienced an 80% growth over the first 18 months. The growth was recorded by word of mouth spread rapidly across the region based on the East Coast at airports from New Hampshire to Florida. Apart from this, a data-driven approach to private jet manufacturers and management constantly compares clients’ operating parameters. The process thus ensures that the asset is well-maintained and operates efficiently. The Demand for Private Aviation is Still Rising Experts say that the private aviation sector saw an uptick in 2021. In addition, the private aircraft firms witnessed a gradual rise in business from August 2021. The aviation industry has been tested for a long time when it comes to adapting to diverse requirements. But, in the end, the industry has smartly evolved through challenges over technology and innovation. And the numbers should only proceed to grow now as global businesses recover their positions in late 2021. “While the business aviation industry continues to experience a thriving market, the longer-term picture will clear step-by-step. Well-known issues such as the pilot shortage, collapse in values of used jets, lack of OEM innovation, rising operational costs have been recognized well, and the industry will cope soon. As a result, the overall environment is prepared for bringing in innovation from every aspect.” -Peter Maestrales, CEO, Airstream Jets Frequently Asked Questions What is the valuation of the private aviation market? The private jet aircraft’s market size was $24.4 billion globally in 2019. But during the pandemic, the valuation diminished by $20.1 billion. According to recent calculations, for the first quarter of 2021, the private aviation sector grew to a share of $23.6 billion. What countries have the most private jet operations? The United States occupies first place in private jet operations. But then, Europe is counted for having a big part of private jet operations. Why is the private aviation sector becoming more popular? Private flying has gained popularity because it has fared better than commercial operators. In addition, it has offered convenience, safety, time-saving, flexibility, and costs.

Read More
MORE ARTICLES

Spotlight

Flight Options

Flight Options, LLC is the second-largest private aviation company in the United States, providing more than 1,300 Owners and clients with a full suite of fractional ownership, membership and jet card programs.

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Aviation Technology

Allegiant secures financing for airbus a320 ceo and boeing 737 max aircraft

PR Newswire | October 05, 2023

Allegiant Travel Company announced financing commitments for seven Airbus A320 and four Boeing 737 MAX aircraft from BNP Paribas, Europe's leading bank, and Jackson Square Aviation (JSA), a leading global commercial aircraft lessor. The innovative $412M deal combines banking and lessor capital to secure Allegiant's aircraft financing needs into the second quarter 2024, while providing the airline with healthy liquidity at an attractive cost in today's market. "We are delighted with BNP Paribas and Jackson Square's creativity in providing what we believe is an efficient framework that affords us robust liquidity to support foundational investments in our fleet. This transaction taps into young A320 CEO aircraft and will also serve as the inaugural financing for our Boeing 737 MAX equipment," said Robert Neal, Allegiant's senior vice president and chief financial officer. Allegiant has drawn down $196 million on September 29, and the remainder will be drawn commensurate with its initial 737 MAX deliveries. "Our relationship with BNP Paribas, spanning more than a decade, has been instrumental in our growth as an ultra-low-cost leader. We are thrilled to welcome Jackson Square Aviation as a new partner as we make air travel more affordable and accessible to leisure travelers," added Neal. "We are delighted to provide Allegiant, a long-standing client of the bank, an innovative and first-of-its-kind financing solution which combines bank and lessor capital into one transaction. This transaction allows the airline to maximize value while having more structural flexibility to manage its aircraft fleet versus the more traditional aircraft financing alternatives," said Ankush Chowdhury, managing director & head of transportation banking and capital markets at BNP Paribas. "BNP Paribas is honored to partner with Jackson Square Aviation as we continue to innovate in the world of aviation finance with the goal of providing efficient and thoughtful financing solutions to our aviation clients," added Chowdhury. "It's a great pleasure to have Allegiant as a new airline customer for Jackson Square Aviation and we're pleased to be working together with a long-standing banking partner, BNP Paribas," said Chris Dailey, president & chief commercial officer of JSA. "Combining the strengths of JSA and BNP Paribas, we're able to provide an efficient financing solution for Allegiant's fleet of in-service Airbus A320s and next generation Boeing 737-8-200s, which we're also excited to introduce as a first into our portfolio," said Dailey. Allegiant currently operates an all-Airbus fleet comprised of 127 Airbus A319s and A320s. Allegiant has agreed to purchase up to 130 Boeing 737-7 and 737-8-200 models in a multi-year deal, Boeing's first with an ultra-low-cost carrier in the United States. The new 737 MAX additions will afford the airline flexibility, environmental benefits, and new customer features. AboutAllegiant – Together We Fly Las Vegas-based Allegiant (NASDAQ: ALGT) is an integrated travel company with an airline at its heart, focused on connecting customers with the people, places and experiences that matter most. Since 1999, Allegiant Air has linked travelers in small-to-medium cities to world-class vacation destinations with all-nonstop flights and industry-low average fares. Today, Allegiant serves communities across the nation, with base airfares less than half the cost of the average domestic roundtrip ticket.

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Cargo Management

AELF FlightService Adds Fifth A330 to Fleet With Flexible Passenger-to-Cargo Configuration

AELF FlightService | April 28, 2022

AELF FlightService announced today that its fifth Airbus 330-200 (registered as 9H-CFS) is officially on certificate, flying in passenger-to-freighter (PTF) configuration. The aircraft commenced its first commercial flight in PTF configuration on April 23, flying from Vietnam to the U.S. The addition of 9H-CFS puts the group in a leading position among ACMI widebody charter operators in the world in terms of fleet size. Its five A330s are currently in PTF configuration, in which passenger seats have been removed and cargo nets have been installed to hold parcel freight in the upper deck, in addition to the standard freight capacity in the lower deck. The configuration is reversible in a matter of weeks, which the company plans to exercise this summer. "As supply chain issues drag on, the addition of 9H-CFS is our commitment to fulfilling the need for capacity in the air cargo market in the short-term, while maximizing our flexibility to return to passenger service later this year." Joe Cirillo, Chief Operating Officer at AELF FlightService As AELF FlightService commences passenger flights this summer, it will do so with the addition of its sixth A330-200. This recently acquired aircraft is configured with a brand-new passenger interior accommodating 295 passengers. An additional three of the company's A330s will also be converted back to passenger configuration by August. The A330 fleet will be operated by the company's affiliate Maleth Aero. "The flexibility of the configuration was a draw for us from the beginning," said Lee Jones, President of Maleth Aero. "Anticipating an inevitable return of passenger demand and a time limit from EASA on the preighter exemption, we looked to the option that would provide a solution for our cargo customers but also allow us to adapt to the regulatory environment and the marketplace." The company has a history of adapting quickly. At the onset of the pandemic, AELF, Inc. expanded its core business as an aircraft lessor to meet the needs of an overwhelmed cargo market. In 2020, the company, together with European partners, led the acquisition of the controlling interest in Malta-based airline Maleth Aero, expanding the group's offerings to charter and ACMI flights. With the acquisition mentioned above, the group now has a total of nine widebody aircraft in operation. While the fleet will undergo transformation to passenger configuration this summer, the group is also exploring its options for a Supplemental Type Certificate (STC) that will allow continued operation of the PTF configuration for one or more of its aircraft beyond the EASA preighter exemption deadline. AELF FlightService offers a full spectrum of air freight and passenger services, including single charter flights and mid-term ACMI/wet and damp leases, as well as more traditional liquidity solutions such as long-term operating leases, sale and leasebacks, sale and wet leasebacks, among other services. About AELF FlightService AELF FlightService is a global aircraft leasing company providing finance, leasing and air charter solutions to the aviation industry. The company offers a full spectrum of services ranging from long-term operating leases to single charter flights and mid-term ACMI programs operated by widebody airline Maleth Aero, with which it shares common ownership. The group has offices in Chicago, Miami and Malta.

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Aerospace

ONEflight International becomes aviation partner with SALT

ONEflight International | April 05, 2022

ONEflight International, Inc. announced today that the company was chosen to be a private aviation partner to SALT, a global thought leadership and networking forum encompassing finance, technology and geopolitics. Their annual events confer approximately 2,000 investors, asset owners, managers, entrepreneurs, and policy makers under one roof with past speakers like Vice President Joe Biden, President Bill Clinton, President George W. Bush and Secretary Condoleezza Rice. Their next conference is Crypto Bahamas, held at the Baha Mar in Nassau from April 26-29, 2022. Speakers and panelists include O’Leary Ventures Chairman Kevin O’Leary, HiDef, Inc. Founder Rick Fox, Edge & Node Co-Founder Tegan Kline, and SALT Chairman and former White House Communications Director Anthony Scaramucci. The full agenda will be announced later this month. “We’re thrilled to partner with ONEflight International for SALT’s private aviation needs. The innovative private jet brand revolutionized the industry, setting a new standard in air travel that we are happy to offer our speakers and attendees.” Anthony Scaramucci - Chairman, SALT ONEflight boasts the world’s largest network of private aircraft easily accessible through their proprietary booking platform, Book-A-Jet (BAJ). BAJ provides immediate access to search and create a customizable itinerary, selecting from over 5,000 aircraft ranging from turbo props to large capacity jets. The company maintains a vetted network of 500 of the top operators worldwide to ensure unprecedented availability and flexibility. The new highly interactive BAJ app launched in Q4 2021, reaffirming the company’s commitment to digitize private air travel with groundbreaking technologies that can be used broadly across all corners of the industry. “SALT is filled with innovators, entrepreneurs and the brightest minds making a difference in the world through their technological, financial, and policy advancements. The amazing work they do inspires us at ONEflight to continue innovating and striving for more with our own platforms and offerings. We’re proud to act as SALT’s partner and support the connectivity between these forward-thinking attendees.” Ferren Rajput - Founder & CEO, ONEflight International About ONEflight International, Inc. ONEflight International, Incorporated is a global private aviation company revolutionizing the luxury private jet travel industry since the company’s founding in 2010. It is the fastest growing market leader developing and implementing technological solutions for non-commercial air travel through the proprietary online Book a Jet platform. With nearly 500 world-class aircraft charter operator partnerships and a network of 5,000 private jets worldwide, ONEflight empowers members to seamlessly search, select and book a private flight with a fleet of aircraft at their disposal and excellent customer service from booking to disembarking. ONEflight firmly believes you don’t need to OWN, you just need to FLY!

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Aviation Technology

Allegiant secures financing for airbus a320 ceo and boeing 737 max aircraft

PR Newswire | October 05, 2023

Allegiant Travel Company announced financing commitments for seven Airbus A320 and four Boeing 737 MAX aircraft from BNP Paribas, Europe's leading bank, and Jackson Square Aviation (JSA), a leading global commercial aircraft lessor. The innovative $412M deal combines banking and lessor capital to secure Allegiant's aircraft financing needs into the second quarter 2024, while providing the airline with healthy liquidity at an attractive cost in today's market. "We are delighted with BNP Paribas and Jackson Square's creativity in providing what we believe is an efficient framework that affords us robust liquidity to support foundational investments in our fleet. This transaction taps into young A320 CEO aircraft and will also serve as the inaugural financing for our Boeing 737 MAX equipment," said Robert Neal, Allegiant's senior vice president and chief financial officer. Allegiant has drawn down $196 million on September 29, and the remainder will be drawn commensurate with its initial 737 MAX deliveries. "Our relationship with BNP Paribas, spanning more than a decade, has been instrumental in our growth as an ultra-low-cost leader. We are thrilled to welcome Jackson Square Aviation as a new partner as we make air travel more affordable and accessible to leisure travelers," added Neal. "We are delighted to provide Allegiant, a long-standing client of the bank, an innovative and first-of-its-kind financing solution which combines bank and lessor capital into one transaction. This transaction allows the airline to maximize value while having more structural flexibility to manage its aircraft fleet versus the more traditional aircraft financing alternatives," said Ankush Chowdhury, managing director & head of transportation banking and capital markets at BNP Paribas. "BNP Paribas is honored to partner with Jackson Square Aviation as we continue to innovate in the world of aviation finance with the goal of providing efficient and thoughtful financing solutions to our aviation clients," added Chowdhury. "It's a great pleasure to have Allegiant as a new airline customer for Jackson Square Aviation and we're pleased to be working together with a long-standing banking partner, BNP Paribas," said Chris Dailey, president & chief commercial officer of JSA. "Combining the strengths of JSA and BNP Paribas, we're able to provide an efficient financing solution for Allegiant's fleet of in-service Airbus A320s and next generation Boeing 737-8-200s, which we're also excited to introduce as a first into our portfolio," said Dailey. Allegiant currently operates an all-Airbus fleet comprised of 127 Airbus A319s and A320s. Allegiant has agreed to purchase up to 130 Boeing 737-7 and 737-8-200 models in a multi-year deal, Boeing's first with an ultra-low-cost carrier in the United States. The new 737 MAX additions will afford the airline flexibility, environmental benefits, and new customer features. AboutAllegiant – Together We Fly Las Vegas-based Allegiant (NASDAQ: ALGT) is an integrated travel company with an airline at its heart, focused on connecting customers with the people, places and experiences that matter most. Since 1999, Allegiant Air has linked travelers in small-to-medium cities to world-class vacation destinations with all-nonstop flights and industry-low average fares. Today, Allegiant serves communities across the nation, with base airfares less than half the cost of the average domestic roundtrip ticket.

Read More

Cargo Management

AELF FlightService Adds Fifth A330 to Fleet With Flexible Passenger-to-Cargo Configuration

AELF FlightService | April 28, 2022

AELF FlightService announced today that its fifth Airbus 330-200 (registered as 9H-CFS) is officially on certificate, flying in passenger-to-freighter (PTF) configuration. The aircraft commenced its first commercial flight in PTF configuration on April 23, flying from Vietnam to the U.S. The addition of 9H-CFS puts the group in a leading position among ACMI widebody charter operators in the world in terms of fleet size. Its five A330s are currently in PTF configuration, in which passenger seats have been removed and cargo nets have been installed to hold parcel freight in the upper deck, in addition to the standard freight capacity in the lower deck. The configuration is reversible in a matter of weeks, which the company plans to exercise this summer. "As supply chain issues drag on, the addition of 9H-CFS is our commitment to fulfilling the need for capacity in the air cargo market in the short-term, while maximizing our flexibility to return to passenger service later this year." Joe Cirillo, Chief Operating Officer at AELF FlightService As AELF FlightService commences passenger flights this summer, it will do so with the addition of its sixth A330-200. This recently acquired aircraft is configured with a brand-new passenger interior accommodating 295 passengers. An additional three of the company's A330s will also be converted back to passenger configuration by August. The A330 fleet will be operated by the company's affiliate Maleth Aero. "The flexibility of the configuration was a draw for us from the beginning," said Lee Jones, President of Maleth Aero. "Anticipating an inevitable return of passenger demand and a time limit from EASA on the preighter exemption, we looked to the option that would provide a solution for our cargo customers but also allow us to adapt to the regulatory environment and the marketplace." The company has a history of adapting quickly. At the onset of the pandemic, AELF, Inc. expanded its core business as an aircraft lessor to meet the needs of an overwhelmed cargo market. In 2020, the company, together with European partners, led the acquisition of the controlling interest in Malta-based airline Maleth Aero, expanding the group's offerings to charter and ACMI flights. With the acquisition mentioned above, the group now has a total of nine widebody aircraft in operation. While the fleet will undergo transformation to passenger configuration this summer, the group is also exploring its options for a Supplemental Type Certificate (STC) that will allow continued operation of the PTF configuration for one or more of its aircraft beyond the EASA preighter exemption deadline. AELF FlightService offers a full spectrum of air freight and passenger services, including single charter flights and mid-term ACMI/wet and damp leases, as well as more traditional liquidity solutions such as long-term operating leases, sale and leasebacks, sale and wet leasebacks, among other services. About AELF FlightService AELF FlightService is a global aircraft leasing company providing finance, leasing and air charter solutions to the aviation industry. The company offers a full spectrum of services ranging from long-term operating leases to single charter flights and mid-term ACMI programs operated by widebody airline Maleth Aero, with which it shares common ownership. The group has offices in Chicago, Miami and Malta.

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Aerospace

ONEflight International becomes aviation partner with SALT

ONEflight International | April 05, 2022

ONEflight International, Inc. announced today that the company was chosen to be a private aviation partner to SALT, a global thought leadership and networking forum encompassing finance, technology and geopolitics. Their annual events confer approximately 2,000 investors, asset owners, managers, entrepreneurs, and policy makers under one roof with past speakers like Vice President Joe Biden, President Bill Clinton, President George W. Bush and Secretary Condoleezza Rice. Their next conference is Crypto Bahamas, held at the Baha Mar in Nassau from April 26-29, 2022. Speakers and panelists include O’Leary Ventures Chairman Kevin O’Leary, HiDef, Inc. Founder Rick Fox, Edge & Node Co-Founder Tegan Kline, and SALT Chairman and former White House Communications Director Anthony Scaramucci. The full agenda will be announced later this month. “We’re thrilled to partner with ONEflight International for SALT’s private aviation needs. The innovative private jet brand revolutionized the industry, setting a new standard in air travel that we are happy to offer our speakers and attendees.” Anthony Scaramucci - Chairman, SALT ONEflight boasts the world’s largest network of private aircraft easily accessible through their proprietary booking platform, Book-A-Jet (BAJ). BAJ provides immediate access to search and create a customizable itinerary, selecting from over 5,000 aircraft ranging from turbo props to large capacity jets. The company maintains a vetted network of 500 of the top operators worldwide to ensure unprecedented availability and flexibility. The new highly interactive BAJ app launched in Q4 2021, reaffirming the company’s commitment to digitize private air travel with groundbreaking technologies that can be used broadly across all corners of the industry. “SALT is filled with innovators, entrepreneurs and the brightest minds making a difference in the world through their technological, financial, and policy advancements. The amazing work they do inspires us at ONEflight to continue innovating and striving for more with our own platforms and offerings. We’re proud to act as SALT’s partner and support the connectivity between these forward-thinking attendees.” Ferren Rajput - Founder & CEO, ONEflight International About ONEflight International, Inc. ONEflight International, Incorporated is a global private aviation company revolutionizing the luxury private jet travel industry since the company’s founding in 2010. It is the fastest growing market leader developing and implementing technological solutions for non-commercial air travel through the proprietary online Book a Jet platform. With nearly 500 world-class aircraft charter operator partnerships and a network of 5,000 private jets worldwide, ONEflight empowers members to seamlessly search, select and book a private flight with a fleet of aircraft at their disposal and excellent customer service from booking to disembarking. ONEflight firmly believes you don’t need to OWN, you just need to FLY!

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Events