The Baltic Air Charter Association (BACA) has endorsed
ARGUS' new Certified Charter Broker program.
BACA is the largest and longest standing organization focused on the air charter brokerage industry in the
world, whilst ARGUS is the most recognized source of independent, unbiased information supporting the due diligence requirements of the global air charter marketplace.
Brokers account for more air charter transactions today than ever before. In fact, some of the fastest growing companies in the air charter industry are brokers. However, the air charter
brokerage business is largely unregulated, leaving room for unfair competition and improprieties that can financially or otherwise harm aircraft operators and their end consumers. BACA
has been promoting the highest standards of professionalism and ethics in the air charter brokerage business since 1949, and has built a membership base of hundreds of leading
companies in the aviation marketplace. ARGUS has developed its Certified Air Charter Broker Program over several years and with much industry input, to allow professional air charter
brokers a recognized and respected venue to inform aircraft operators and charter consumers of the great lengths they have gone to in developing their business.
"Being very familiar with ARGUS and their charter operator rating and TripCHEQ programs, we were very intrigued to learn more about their Certified Charter Broker Program",
said Tony Coe, BACA Chairman. "We quickly became impressed with their attention to appropriate and applicable details and desire to seek our guidance relative to making their standard
applicable around the globe." BACA Deputy Chairman, Volker Meissner added, "when ARGUS approached us to ask if they could use the BACA Code of Practice as the Annual Pledge
of commitment by their participating charter brokers, as required by their Program, we felt confident that our priorities were aligned with ARGUS relative to the underlying principles of their
Program."
Joe Moeggenberg, President and CEO of ARGUS commented, "ARGUS has tremendous respect for BACA's reputation and influence in the air charter brokerage industry, and feel
honored to receive their endorsement. We look forward to BACA's continued suggestions to improve the Certified Charter Broker Program, and to encouraging our participating charter
brokers to learn more about BACA, including their many membership benefits."
The ARGUS Certified Charter Broker Program contains two levels of recognition, ARGUS Registered and ARGUS Certified. A Registered Charter Broker provides ARGUS with
documented proof of specific requirements, and annually pledges their commitment to adhering to industry best practices and applicable regulations. A Certified Charter Broker will submit
the same documentation and annual pledge, and additionally will undergo an on-site audit, once every two years, to prove their compliance with industry best practices and applicable
regulations. Any willful misrepresentation or proven violation of industry best practices or legal requirements can cause a company the loss of their ARGUS Registered or Certified status.
ARGUS will maintain the official registry on their website and integrate those ratings with other web-sites that make charter broker information available to the public or marketplace.
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