New Flight Charters Receives Credit Ratings Upgrade

The Most-Accredited Jet Charter Brokerage has its Commercial Credit Rating Component Upgraded as Charter Flight Growth Continues.

private jet charter company credit ratings, New Flight Charters

DENVERNov. 13, 2019 /PRNewswire/ — New Flight Charters, the leading On-Demand private jet charter brokerage, received an upgrade of its commercial credit rating by D&B® Dun & Bradstreet amidst 2019 business growth. 

New Flight Charters has averaged 13.2% annual grown for 15 years and was named to the Inc. 5000 Honor Roll as a fastest growing U.S. company four different years. 

According to D&B®, “The D&B Credit Rating is a system that measures a firm’s size and composite credit appraisal, based on information in a company’s interim or fiscal year balance sheet and an overall evaluation of the firm’s creditworthiness.”

New Flight Charters’ current D&B® composite credit rating is the highest possible, coded “1R2”, defined as “Good”.  The Delinquency Predictor component of the rating was recently upgraded to Class 1-Low Risk, the best possible rating.

Company credit ratings, details and reports are available online from D&B®.

The Industry’s Most-Accredited

Proud to be one of few in the private jet charter industry with a commercial credit rating.  New Flight Charters has been credit-rated since 2004 when it was recognized with a DUNS number and approved as a U.S. Government Contractor.  New Flight Charters has payment Terms with 115 leading aircraft operators and management providers.

New Flight Charters is the most-accredited charter company in the U.S. and a recognized ARGUS-Registered Broker– one of just thirty-nine ARGUS-rated charter brokers worldwide, and is one of only five approved U.S. members of the international Air Charter Association.

Air Charter Industry Credentials Report

The first in the air charter industry, New Flight Charters has provided a factual Company Credentials Report with financial, credit, background and audit information to industry partners since 2010. The report is updated bi-annually and publicly available on the New Flight Charters website.

About New Flight Charters

Celebrating its 15th Anniversary in 2019, New Flight Charters (@newflightchrtrs) arranges custom flights with top-rated aircraft chosen by the client, with a perfect safety history and the industry’s only Best Price Guarantee.  The company is the most accredited in the industry; both ARGUS® and Wyvern® registered, Rated A+ and Accredited by the BBB, ACA-approved, rated D&B Gold, named to the Inc. 5000 four consecutive years and is a SAM-Registered U.S. Government Contractor.  Fliers choose from the top aircraft makes, models and quotes every flight, from the largest jet charter listings including floating fleets and empty legs.  New Flight Charters serves a wide variety of clientele including Fortune 500 companies, government heads of state, presidential campaigns, entertainment icons, private families and entrepreneurs.

Jet Charter Colorado by New Flight Charters is the complete Colorado jet charter resource and includes all 112 charter aircraft based in the state from 36 FAA-certified operators.  Most popular are floating fleet aircraft available to or from Colorado with reduced point-to-point pricing, and available empty legs.  The company is a specialist in charter flights to Aspen, Eagle-Vail, Telluride and Steamboat Springs, as well as the Denver-Front Range area. 

Jackson Hole Jet Charter is the company’s local resource for private charter information and charter flights to and from Jackson Hole and the northern Rockies.  Featured are full-industry charter availabilities of empty legs, floating fleet aircraft with special pricing, the full fleet of regionally based aircraft and charter jets transient at Jackson Hole Airport.

New Flight Charters was founded in 2004 by successful entrepreneur, pilot and aircraft owner Rick Colson (@rickcolson) who has launched industry leading solutions for private fliers, charter operators and jet charter brokers.

For charter quotes or information nationwide, call (800) 732-1653.  For Colorado charter information and quotes, call (303) 729-1444.  For charter information to or from Jackson Hole, WY call (307) 734-7751.

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    How much does it cost to charter a private jet?

    Below is what you can expect for typical pricing across the U.S. jet charter market.  Actual availability and pricing for a specific date and routing may be a bit lower or higher depending on industry schedules.  Some may ask, “Is it possible for cost be 1/2 of these prices?  Unfortunately no, see also the Jet Charter Pricing Q & A below.

    Many variables go into individual jet charter quotes and pricing for any particular trip. The industry is very diverse, with around 7,000 charter aircraft and 1,650 certificated charter operators in the US alone.

    New Flight Charters has industry-wide reach makes it simple and guarantees the best pricing industry-wide for any specific charter flight.  Get customized make/model quotes if you prefer.  Prefer to see only quotes for the latest models like the new Praetor 600, Legacy 450 or Gulfstream G700?  You got it.  For any request, receive a summary of best available quotes and information for review and comparison.

    Quick Jet Charter Example Pricing:

    Executive Turboprops (up to 8 passengers)

    • A 1-hour drop off is typically $8,000 – $10,000
    • A 2-hour drop off is typically $14,000 – $16,000
    • A 2-hour two day round trip is typically $15,000 – $18,000

     

    Light Jets (up to 7 passengers)

    • A 1-hour one-way flight is typically $10,000 – $12,000
    • A 2-hour one-way flight is typically $12,000 – $15,000
    • A 2-hour flight round trip over 2 days is typically $20,000 – $25,000
    • A one-way flight between New York and Florida is typically $15,000 – $20,000
    • A round trip between New York and Florida over 3 days is typically $30,000 – $40,000
    • A round trip between Texas and New York over 2 days is typically $30,000 – $35,000


    Midsize Jets
    (up to 8 passengers, stand-up cabin)

    • A 2-hour one-way flight is typically $15,000 – $20,000.
    • A 3-hour three day round trip is typically $40,000 – $50,000


    Super-Midsize Jets
    (up to 9 passengers, coast to coast range)

    • A 4-hour one-way from either coast is typically $26,000 – $34,000
    • A 5-hour coast-to-coast one-way flight nonstop is typically $30,000 – $40,000
    • A round trip California to Hawaii over 7 days is typically $90,000 – $120,00


    Heavy Jets
    (up to 16 passengers, inter-continental range)

    • A one-way flight between Hawaii and California one-way is typically $40,000 – $70,000
    • A round trip California to Hawaii over 7 days is typically $110,000 – $130,000
    • A one-way flight between the US and Europe is typically $60,000 – $100,000
    • A round trip New York to Europe over 7 days is typically $110,000 – $150,000

     

    Regional Airliner Charters (up to 30 passengers)

    • A 2-hour one-way flight is typically $40,000 – $60,000
    • A 3-hour flight round trip over seven-days for 20-30 passengers is typically $100,000 – $130,000
    Jet Charter Pricing Q & A:
    Q: Can I get a private jet charter flight for under $10,000?

    A: It’s very rare. If a flight of 1-hour or less matches up with a light jet empty leg, it may be under $10,000 total.  Executive turboprops such as the Pilatus PC-12 or King Air series will typically be under $10,000 for a 1-hour flight or same-day round trip in many parts of the country.  See example costs above.

    Q: What about the articles I see about empty legs for dirt cheap, same as airline fares, or even 1/2 price?

    A: There is a market for all flights, and a well-fitting empty leg will typically be around 75% of standard pricing. Keep in mind, Empty Legs are a convenient marketing angle to attract interest.  Like they say, if it sounds too good to be true…

    Q: How far in advance is best for quotes and booking? The earlier the better?

    A: Not usually. Different from the airlines, the best jet charter quotes and availability are less than 2 months in advance, often less than 1 month. Typically specific aircraft availability and pricing are not set further in advance.

    Q: When is the best time to find an empty leg?

    A: Most jet charters book less than 2 weeks in advance, so that is when the most empty legs become available in aircraft schedules.

    Q: I hear about floating fleets with one-way pricing, what is that?

    A: The biggest trend in jet charter the past decade is specific fleets that string one-way flights together in their schedules, reducing the positioning costs of traditional charters, thus allowing for reduced ‘one-way’ pricing. These are often the best cost options for one-way flights of 2 hours or more. These are the same fleets most jet cards and memberships use to minimize their costs below the rates their customers are paying.

    Q: Are there exceptions? If a jet is flying empty anyway, won’t they take me for cheap for at least some income?

    A: There is a market for flights in the charter industry, so each flight has a market value even up to hours before. Also, flying under charter’s FAA Part-135 regulations is more restrictive, expensive and consuming than flying empty repositioning under Part-91.

    Q: The airline tickets for this trip are so expensive, if 6 of us chartered our own jet could it be similar or not much more?

    A: See the above actual average costs

    Q: Are the above example charter costs your set rates or guaranteed?

    A: No, but they are typical and what we would expect as every-day best in the charter market. For a specific date and itinerary quotes may be a little lower or a bit higher, however we would expect in most cases to be in this range. We do have the widest availability and guaranteed best price industry-wide.

    Q: How can I get a quick real estimate of what a flight might cost, for our decision-making?

    A: Jet charter has so many variables, get helpful easy answers from a friendly expert at 888-701-3843 (no sales pitches, guilt or commitment).