New Flight Charters Reports Record 2007 Revenue and Customer Growth

February 23, 2008 - Amplifying it’s standing as a private jet charter leader, New Flight Charters today announced that it achieved record revenue and customer growth in 2007. In addition to increases in charter jet availability and staffing, in 2007 New Flight Charters increased its revenue by 31 percent and saw its number of return clientele double. The company ended the year with more than 1,600 customers flown to 312 airports in 14 countries.

New Flight Charters’ strong financial results were driven by the company’s price and service options, increase in private jet availability, and the growing number of travelers that fly privately for business or leisure. These fliers are abandoning older fractional and pre-pay jet card models in favor of New Flight Charters, which offers greater flexibility in aircraft choices and pricing along with premium level service. By focusing on one charter at a time, the company provides the best private flying options available in the industry for each and every flight, at costs up to 35% less than traditional jet card and fractional providers. This superior value and service has been a key reason for New Flight Charters’ sales growth of 137 percent in the past 3 years of operation.

Leading Private Jet Industry Insiders Call On New Flight Charters:
In 2007, New Flight Charters saw an increase in customers, including FAA Operators themselves, and has been called “our in-house brokerage” by leading private jet operators. New Flight Charters is rated by D&B (Dun & Bradstreet) and is a respected, quality provider called on by jet charter industry insiders. “Our expertise in locating and utilizing the best available aircraft in quality and price has made us a source for industry members themselves, and is something we take great pride in,” said Rick Colson, President and Founder of New Flight Charters. The company’s senior managers also carry personal Airmen Certification from the FAA, something few jet charter brokerages can claim.

New Flight Charters Credits Savvy Private Jet Fliers:
“Companies and individuals are becoming more sophisticated buyers of private aviation,” said Rick Colson, “Consumers are realizing the options and value of one way on-demand charters compared to jet cards and local operators. They are using different types of providers depending on their flight needs.” For example, New Flight Charters offers Los Angeles (VNY) to New York (TEB) one-way for $30,000 all-inclusive in a new Citation X super-midsize jet seating 8 passengers comfortably, and with a flight time of only 4 hours, 35 minutes. Jet card providers charge over $42,000 for the same flight in a similar size aircraft.


About New Flight Charters
New Flight Charters provides on-demand private jet and aircraft charters worldwide with premium level service. The company presents customers several aircraft options tailored to each individual charter including the best available aircraft and price combination. Founded in 2003, New Flight Charters quickly became a leader in private aviation and a top echelon flight service provider. Among its customers, New Flight Charters is known for exceptional, reliable service, streamlined charter arrangements, high safety standards and no-surprise billing. The company has an accident-free charter history. New Flight Charters senior managers also carry personal FAA Airmen Certification. For more information, visit www.newflightcharters.com.