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Asia Jet & Jet Edge International Announce Collaborative Fleet Expansion

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HONG KONG /PRNewswire/ — Asia Jet, the Hong Kong based Charter Management and aviation leader in Asia, has joined forces in a strategic relationship with Jet Edge International; one of the fastest growing Charter Management Companies in the US. The deal makes Jet Edge the exclusive aircraft operator for all Asia Jet aircraft under their Federal Aviation Administration (FAA) registry.
Asia Jet has been duly 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, to its Asia based clients when they require US domestic jet charters. 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.”
“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.”
With their collaboration, the two companies have built a business model that provides private aircraft owners in Asia with a strong, sustainable and flexible platform, as well as expanded fleet access to large cabin jets for private jet travelers in both the Pacific Rim and the United States. Immediately available for charter in Asia are four Gulfstream aircraft: a G-IVSP; a G300 and two G200s, with multiple aircraft in the pipe-line thanks to significant interest from local aircraft owners who wish to have their assets managed efficiently.
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.
Papariella added, “We are excited to finally capitalize on a business plan that was well thought out prior to adding aircraft. Asia Jet has spent significant amounts of time, energy and capital to develop a strong business model that has sustainable elements and we are pleased to support their long term vision.
ASIA JET/ JET EDGE INTERNATIONAL
In addition, the recent investment proves we are committed to becoming a substantial regional partnership for the medium to long term through our deepening ties. Our collective goal is to be the leaders in Asia, and I have no doubt that Mike Walsh and his team will achieve this goal.”
With one of the largest dedicated charter fleets of heavy jet aircraft in the US, Jet Edge offers clients an exceptional combination of experience, safety and performance in the most popular business jets, with new aircraft scheduled for delivery in 2013. The Jet Edge fleet currently includes Gulfstream V, Gulfstream 450, Gulfstream IVSP, Gulfstream IV, Gulfstream 300, Gulfstream III, Gulfstream 200 and Lear 45 aircraft.
About Asia Jet
Asia Jet, headquartered in Hong Kong has been the preferred charter service company in Asia since its establishment in 2008. The Asia Jet brand has been the symbol of top class service and safety in the Asia region; serving distinguished clients through its jet card membership, consultancy, aircraft acquisition, on demand charter and aircraft management services. The Asia Jet team contains a wealth of knowledge spanning over 20 years in the industry and intimately understands the Asian client expectations. Its consistent high standards fulfill the promises made to their clients each and every time they fly. For more information on Asia Jet, please visit http://www.AsiaJet.com
About Jet Edge International
Jet Edge International, a Bard Capital Company, has quickly become a leader in private aviation and one of the fastest-growing, full-service integrated private jet management and service companies in the US. Headquartered in Los Angeles, Jet Edge International offers individuals and companies 365-day-a-year guaranteed access to multiple jet types, with unparalleled and award-winning safety programs. For more information on Jet Edge International, please visit http://www.flyjetedge.com
Contact:
Asia Jet
+852-2613-3133
Source: Asia Jet

Written by asiafreshnews

November 1, 2012 at 10:20 am