Asia Jet, an Hong Kong-based Charter Management
company, has joined forces with Jet Edge International, one of the
fastest growing Charter Management Companies in the US.
The partnership makes Jet Edge the exclusive aircraft
operator for all Asia Jet aircraft under their Federal Aviation
Administration (FAA) registry.
Asia Jet has been appointed the exclusive
sales and marketing agent in Asia for Jet Edge's U.S.-based fleet
which it now offers within its charter program.
Asia Jet also enjoys a shareholding partnership with Jet Edge, and Asia Jet's
Chief Executive Officer Mike Walsh was recently appointed to Jet
Edge's Board of Directors.
"We evaluated a number of
potential aircraft charter management companies to work with in
the U.S. and found that Jet Edge International had the right
mixture of experience and expertise to satisfy our requirements
and our clients' needs," said Walsh. "We decided to take it one
step further and invest in Jet Edge as we are pleased with the
early results and progress to-date and look forward to growing our
aircraft management presence and product offerings in Asia with
the assistance of Jet Edge."
Immediately available for charter in Asia are four
Gulfstream aircraft: a G-IVSP; a G300 and two G200s, with multiple
aircraft in the pipeline.
All aircraft in the Asia Jet fleet under FAA
registry will be operated and maintained on Jet Edge's Air Carrier
Certificate, while Asia Jet will continue to be responsible for
the sales and marketing of its on-demand charters, card programs,
aircraft acquisition, consultancy and aircraft management
services.
"We've been working on this
business plan over the past 12 months together, as we knew that
China would be a future growth area for our company," said Bill Papariella, president of Jet Edge International. "Asia Jet and
their shareholders have provided a significant existing platform
from which we can grow and execute our strategy. With four
aircraft already available I expect Asia Jet, in coordination with
Jet Edge, to grow our collective businesses exponentially, but
also responsibly."
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