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Arik Kislin discusses the Private Jet Charter Business

Compared with the commercial airline industry, the private jet charter business is small-about $8 billion a year in sales-but it's growing fast, both in hours flown and revenue.

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PRLog (Press Release) - Jun 08, 2010 -
Of businesses in the United States that offer air travel, the numbers have increased by almost 50% in the past 10 years. Fractional charter jets are also big business today. With this, people purchase a share of the aircraft for a specified time frame. This area of the industry has risen by more than 60% and still climbing.

Today, a new type of four to six-passenger aircraft is being introduced. Costing about 50% less than a standard jet and with tremendous power in a small package, this "very light jet" has changed the industry forever. One of the major complaints heard today in the world of air travel is the long lines. Most people agree that the process of buying tickets, checking luggage, and boarding the plane only to wait is annoying. With the new very light jets, all of this hassle is eliminated.

"The bottom line is that with these air taxis, the possibilities associated with flying are much greater. Instead of dealing with overcrowded airline terminals and grumpy workers, you are treated with the highest respect while getting to your out-of-the-way destination,"said Arik Kislin, Principal at Linx Industries.

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About Arik Kislin
Arik Kislin is a self-made real estate investor, developer and entrepreneur. Arik Kislin is a principal with Linx Industries, a diversified investment company which includes JetFlight International, a Private Aviation Charter and Management Company, The Gansevoort Hotel Group, and Ocean Blue Management. Mr. Kislin began investing in a financial services firm active in the distressed debt market which manages assets in excess of $2 billion. Arik Kislin is a member of the New York Friars Club.

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Contact Email:
***@linxind.com Email Verified
Source:Barbara Klein
City/Town:New York City
State/Province:New York
Country:United States
Industry:Business
Tags:, , ,
Last Updated:Jun 08, 2010
Shortcut:http://prlog.org/10725410
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