CharterAuction.com Expands Offerings with Better Deal for Private Jet Owners.Business Editors QUINCY Quincy. 1 (kwĭnt`sē) City (1990 pop. 39,681), seat of Adams co., W Ill., on a bluff above the Mississippi; inc. 1839. It is a trade, industrial (steel parts), and distribution center in a grain and livestock area. , Mass.--(BUSINESS WIRE)--Jan. 7, 2003 Online Broker Leverages Network and Unveils Comprehensive, Low Cost Private Jet Ownership, Management and Maintenance Program With the same commitment it made to provide the lowest marketplace costs for private jet travel, CharterAuction.com today announced a comprehensive private jet ownership, management and maintenance program at costs that will be the lowest in the industry. The program, in addition to offering bank-repossessed planes at bargain prices, leverages the advantages of CharterAuction.com's well-established online network to keep management and maintenance costs low. With the strength of its network of more than 750 FAA-approved charter operators, CharterAuction.com can arrange more competitive management contracts and negotiate lower fuel cost packages. Also, with its online system of charter requests and empty leg opportunities averaging 7,000 annually, CharterAuction.com can provide jet owners with 24/7 online dispatch A dispatch or dispatches can refer to:
"The combination of lower jet prices, more knowledgeable negotiation of management contracts, lower fuel costs and the capability of immediate response to more posted trips and empty legs will make private jet ownership the lowest that owners have seen to date," said Nate McKelvey, CharterAuction.com President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "The time is right to take advantage of market economics and to leverage the strength of our FAA-approved operator network. Combining these factors with our online capability to match an aircraft's down-time (jargon) down-time - A period of time during which a (computer) system is not operational, due to a malfunction or maintenance. with paying customers' needs, CharterAuction.com will be able to keep well-managed and well-maintained jets flying more of the time -- and keep the cost of jet ownership down." Jet Ownership CharterAuction.com now maintains a database of more than one thousand aircraft available for sale. Included in the database are dozens of planes that have been repossessed from defaulting buyers, often at significant discounts. The company has also appointed Vann
The Vann (Punjabi:ون or ਵਣ) or, jar in Sindhi language, Jāl or Peelu in Hindi language (Salvadora oleoides White, an industry veteran with more than 15 years experience in buying and managing aircraft, as its Director of Aircraft Sales and Management to spearhead the program. "Over the past nine months, we have watched business jet prices fall as supply has outpaced demand," said White. "Many of CharterAuction.com's customers are flying enough to justify an aircraft purchase. So, it only makes sense, that if we are providing significant savings for our clients on charter flights, that we would also be able to offer aircraft sales and management options at lower costs. Today, it's it's 1. Contraction of it is. 2. Contraction of it has. See Usage Note at its. it's it is or it has it's be ~have a buyers market." Aircraft Management Once an aircraft has been purchased through CharterAuction.com or another source, CharterAuction.com will put the management contract out for competitive bidding Competitive bidding A securities offering process in which securities firms submit competing bids to the issuer for the securities the issuer wishes to sell. competitive bidding 1. using existing relationships with the more than 750 FAA-approved operators in its network. CharterAuction.com will also provide fuel discounts nationwide, 24/7 dispatching services and idle/empty-leg marketing. "Management contracts can be very complicated." White adds. "Everything from maintenance and fuel, to pilots and insurance are often covered under the contract. If these items are not completely understood, it could lead to significantly higher-than-necessary costs for the jet owner." About CharterAuction.com CharterAuction.com offers online solutions and programs for low cost, point-to-point Refers to a communications line that provides a path from one location to another (point A to point B). Contrast with multipoint. private jet travel anywhere in the world, at anytime. Its online exchange for jet charter pricing, in continuous contact with its network of more than 750 world-class world-class adj. 1. Ranking among the foremost in the world; of an international standard of excellence; of the highest order: a world-class figure skater. 2. , FAA-approved operators and its database of more than 17,000 names, utilizes exclusive Internet Internet Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the technology and makes private jet charter travel affordable for business executives, travel agents and corporate flight departments. Also, utilizing the power of its approved operator network and database of more than one thousand available planes, CharterAuction.com's comprehensive ownership, management and maintenance program offers lowest-in-the-industry costs to jet owners. Additional services include gourmet catering and door-to-door destination services for chartered flights. Established in 1999 CharterAuction.com is headquartered in Quincy, Massachusetts Quincy is a city in Norfolk County, Massachusetts. It bears the nicknames "The City of Presidents," "City of Legends," "Birthplace of the American Dream."[1] A major part of Metropolitan Boston, Quincy is a member of Boston's Inner Core Committee for the Metropolitan . For more information, please visit the web site at www.charterauction.com. |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion