AIRCHARTER.COM SEEKS $2.5M SECOND ROUND INVESTMENT FUNDING TO ACCELERATE GROWTH
AirCharter.com, the wold’s leading online aggregator for private jet charter, today announces it is seeking second round investment funding to accelerate its expansion into international markets. The business was recently released its news software, which described it as the “iTunes of aviation”, recognizing its unique, purpose-built technology for the private charter market.
AirCharter.com, which has relationships with over 2,700 accredited private jet operators globally, raised $5 Million in first round fundraising in June 2002, allowing development of its US proposition and entry into other English-language markets. The company is now seeking a further $2.5 million, with EIS relief available to investors
The second fundraising round comes asAirCharter.com announced another year of sales growth. It reported a 50 per cent increase to its year end 31 May 2011, its third consecutive year of growth – outstripping overall market trends.AirCharter.com was also ranked as the fastest growing company in the US aircraft charter industry by Plimsoll Business Intelligence, 2011.
This represents an exciting opportunity for new investors.AirCharter.com is a proven online business model with years of trading and fulfills a significant market need. The private aviation industry is growing again, yet it is still highly fragmented and dominated by legacy business practices – it has yet to see the major online shift experienced by other travel sectors. The adhoc charter segment also holds strong appeal post-recession, rather than the upfront commitment and price premium of fractional ownership or jet card schemes.
“AirCharter.com is poised to take superb advantage with a disruptive business model that mirrors the online success stories of other travel products. It is far more scalable than the traditional brokerage, giving transparent pricing and greater response speeds to the customer – combined with expert VIP service offline. The online platform is also a highly attractive free marketing opportunity for aircraft operators and facilitates distribution partnerships with the broader travel trade.
“The business already has traction in the US and abroad with a highly-skilled senior management team. The additional funding now sought will drive a well-considered growth strategy through accelerated expansion, marketing and translation into new markets. Further software developments will also allow greater operational efficiencies”.
Those seeking further information on the second round investment fundraising should contact John Harrison, CEO of AirCharter.com LLC at +1-212-99-4926
A business plan is available on request.
About AirCharter.com LLC:
Since 1996, AirCharter.com has provided online air charter booking services to a wide array of customers, including business and leisure travelers, sports teams and corporations worldwide. Through AirCharter’s Revolutionary booking, travelers can get quick quotes and book domestic and international travel on more than 12,500 aircraft, including jets and turboprops.
AirCharter has become the market leaders in providing world wide private jet charter services. Born out of the desire to provide clients with a simpler and more understandable way to buy charter services, AirCharter was founded on the principle of placing the client’s needs first.
The true cost of flying on a private jet had always been shrouded in the mystery of technical terms and hidden fees that could be confusing for even a seasoned traveler. Air Charter simplified the process by creating the “Absolute and transparent Fixed Price Guarantee”. The charter price you are quoted is the price you pay. We are so confident that our prices are the lowest that we give members the ability with a simple click to view all of the Aircraft information such as Tail number, Operator Name and contact info, Insurance and Safety ratings along with Certificateinformation. Click Here to find out More about AirCharter Data Credits. AirCharter.com LLC operates on the principles of absolute and complete jet customer service. Our team creates personalized private charter flights that cater to their passengers every want and need, including the arrangement of gourmet meal service, special beverages, in-flight entertainment, and other amenities. Additionally, Air Charter’s staffs a full service VIP Jet Concierge program that arranges for the clients every need on the ground. Consider private jet charter for your next special event; Golf outings, Family trips, Ski weekends or a Poker night in Vegas we are just a click or call away.
Our VIP jet concierge will prepare a custom discount charter jet package that will create memories for you and your guests. Air Charter is the perfect partner for corporate jet, executive jet or fractional jet owners who need extra capacity or last minute jet travel. Charter jet travel and charter jet packages can be customized to your individual needs. You will find that sometimes its is actually cheaper to charter an aircraft from us than flying your own jet. Give us the opportunity to show you the savings using our private jet fleet.