Strong first quarter for Delta Private Jets

Delta Private Jets (DPJ) reports a strong first quarter of 2015. The company saw a record month for charter sales in March. Year over year, Jet Card sales are up 40 percent and charter sales are up 46 percent for the period. The continued growth follows a record 2014 in terms of revenue and fleet growth for the company.

“Our managed aircraft fleet has grown significantly in the past year,” said John Daly, Chief Operating Officer. “We continue to add late-model aircraft with state-of-the-art technology and amenities most requested by customers. Our fleet has grown to over 60 aircraft, and we expect to add five or six more in the next two months.”

Much of DPJ’s fleet growth is due to its innovative Ownership Assist program. The program is designed for owners who require only occasional use of their aircraft, and are looking for guaranteed monthly revenue to cover financing costs. Ownership Assist is available for Cessna Citation CJ3, Citation Excel or XLS, Citation X, Citation Sovereign and Embraer Legacy 600 aircraft. Since introducing Ownership Assist in mid-2014, 14 aircraft have joined DPJ’s fleet through the program.

In addition to adding managed aircraft to enhance DPJ’s charter fleet, the company is also growing its turn-key aircraft management program. “We have 30 years of experience managing the details and operational aspects involved with owning an aircraft,” continued Daly. “For owners who want the benefits of aircraft ownership without having to worry about administrative issues, maintenance, trip planning and crew staffing, our traditional aircraft management program, which also reduces their fixed costs, is the perfect solution.”

DPJ Tech Service Center contributes to the company’s revenue growth

The state-of-the-art 40,000 square-foot facility which is a FAA-certified Part 145 Repair Station, services a broad range of aircraft and provides technical expertise to support both DPJ’s fleet as well as other aircraft owners and flight departments. The new Tech Service Center was officially opened on April 29, 2014, and is staffed 24/7. The Delta Jet Center, which was recently renovated, has also experienced substantial growth in transient business, landings and fuel sales.

Delta Private Jets, a wholly owned subsidiary of Delta Air Lines (NYSE: DAL), provides aircraft charter, aircraft management and its unique Delta Private Jets Card. The company operates the only FBO, the Delta Jet Center, at the Greater Cincinnati/Northern Kentucky International Airport, as well as a comprehensive maintenance, repair and overhaul facility (MRO).

BlueSky Business Aviation News | 16th April 2015 | Issue #316
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