Business Overview:
The carrier applies the same high level of customer service to both private and government sectors, achieving a 99.9% On Time and 99.7% Trip Completion record for the Department of Defense and a Contractor Performance Assessment Rating (CPAR) of “Exceptional.” This resulted in the company being awarded a four year, $8.425 million dollar air services contract in October, 2009 and a 12 month, $150,000 air services subcontract in January, 2010.
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Property Features and Assets:
The company now owns the majority of the aircraft it operates; A BE58, a Navajo 31-350, a Jet stream 31, and three Falcon 10s (two managed) and a managed Falcon 50. It purchased its 12,000 square foot heated hangar in 1998 and its 4,500 square feet office building in 1999.
Market Competition and Expansion:
The company is an executive FAA Certified Part 135 air charter operator with worldwide operating authority that has been in business since 1990. We are DOD, DOE, and DOJ certified and have an excellent relationship with our local FAA Flight Standards District Office (FSDO). We accurately and dependably transport thousands of passengers a year for both commercial and government customers with demonstrated high reliability on very short notice. We have been certified by the DOD since 2001 and since that time have maintained a CPAR rating of “Exceptional” and have received Letters of Recognition in furtherance of our government contracts.
Reason for Selling:
Move company to next level
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: