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Premier Air Charter Holdings Inc. Announces Amendment to Series A Preferred Stock Conversion Terms to Support Long-Term Shareholder Value
Globenewswire· 2025-11-20 13:00
CARLSBAD, Calif., Nov. 20, 2025 (GLOBE NEWSWIRE) -- Premier Air Charter Holdings Inc. (OTCID: PREM) ("Premier Air Charter", "Premier" or the “Company”), is proud to report it has agreed to amend the conversion price of the Series A Preferred Stock from $0.04 per share to $0.25 per share, as set forth in the amended Certificate of Designation filed with the Nevada Secretary of State on October 21, 2025. A copy of the Amended Certificate of Designation was filed as an exhibit to the Company’s Form 8-K Current ...
Premier Air Charter Delivers 76% Revenue Growth in Latest Quarterly Filing for the Period Ending September 30, 2025
Globenewswire· 2025-11-18 13:00
CARLSBAD, Calif., Nov. 18, 2025 (GLOBE NEWSWIRE) -- Premier Air Charter Holdings Inc. (OTCID: PREM) (“Premier Air Charter,” “Premier,” or the “Company”) filed its Form 10-Q for the quarter ended September 30, 2025, on November 14, 2024.The report highlights a 76% quarter-over-quarter revenue increase, with Q3 2025 revenues totaling $7,073,341, up from $4,021,355 reported in the June 30, 2025, filing. For the nine months ended September 30, 2025, Premier reported cumulative revenues of $20,376,185, represent ...
Premier Reports Strong Quarterly Results, Demonstrating Continued Growth in Hawaii and Mexico Markets
Globenewswire· 2025-10-09 12:30
Core Insights - Premier Air Charter Holdings, Inc. reported strong quarterly results, indicating sustained momentum and strategic expansion in key markets such as Hawaii and Mexico [1][2][3] Financial Performance - Charter sales revenue surged 78% in Q3 2024 compared to the same quarter last year [7] - Year-to-date charter revenue through the end of Q3 2024 increased by 41% [7] - Total year-to-date revenue rose by 34%, driven by strategic execution and market responsiveness [7] Market Expansion - Charter sales to Hawaii increased by 25% and to Mexico by 38% over the same period in 2024, highlighting the company's growing footprint in these high-potential destinations [7] - The company emphasizes its commitment to exceptional service and expanding its reach in key leisure and business travel corridors [3] Strategic Focus - The Chairman of Premier Air Charter highlighted the strength of the company's market positioning and the success of efforts to scale operations in high-potential regions [3] - The company aims to deliver long-term value through disciplined growth and customer-centric innovation [3]
Premier Air Charter Earns National Recognition for Citation X Excellence
Globenewswire· 2025-08-05 12:00
Core Insights - Premier Air Charter Holdings, Inc. has been ranked as the 6th Top Operator of Citation X aircraft in the United States according to JETNET, reflecting the company's exceptional performance in total flight hours and number of flights flown [1][2] Company Overview - Premier Air Charter is based in Carlsbad, California, and specializes in aircraft charter services, focusing on creating trusted partnerships within the aviation industry to deliver bespoke aviation solutions [3] - The company emphasizes reliability, innovation, and sustainability, aiming to exceed client expectations and foster lasting relationships in the private air travel sector [3] Industry Position - The ranking by JETNET highlights Premier Air Charter's dedication to operational excellence and reliability, reinforcing its leadership in the super-midsize jet category [2] - The company continues to set high standards for service within the Citation X fleet, catering to high-performance travel demands [2]
Premier Air Charter Holdings Inc. Growth In line with the Industry as Summer Air Travel Surges in June 2025
Globenewswire· 2025-07-29 12:00
Company Performance - Premier Air Charter Holdings Inc. reported June 2025 as one of the most successful months in its recent history, indicating strong operational execution and rising market demand [1][3] - The company anticipates improved third quarter results due to increased charter flight demand and strategic growth initiatives [2] Industry Trends - The Global Aircraft Activity Report from ARGUS Analytics noted a 4.8% increase in global flight activity across all categories from June 2024, reflecting a resurgence in the charter aviation sector [2] - The overall increase in activity aligns with heightened consumer interest in private air travel [2] Company Strategy - Premier Air Charter focuses on creating trusted partnerships within the aviation industry to deliver bespoke aviation solutions, emphasizing reliability, innovation, and sustainability [3] - The company aims to exceed client expectations and foster lasting relationships to become the preferred choice for private air travel worldwide [3]
Premier Air Charter, Inc. Chairman Discusses Business Development and Key Revenue Drivers in Recent Interview
Globenewswire· 2025-07-01 12:00
Core Insights - Premier Air Charter has experienced business growth that exceeds expectations due to strategic decisions, market dynamics, and operational efficiencies [2] - The company emphasizes its agility as a small firm, allowing for quick decision-making and personalized service, which larger competitors cannot match [2][3] - The Chairman, Vincent Monteparte, highlights the importance of better fleet utilization and technology in driving revenue growth [3] Company Overview - Premier Air Charter is based in San Diego, California, and specializes in bespoke aviation solutions for an international clientele [4] - The company focuses on reliability, innovation, and sustainability, aiming to exceed client expectations and foster lasting relationships [4] Leadership Insights - Vincent Monteparte brings extensive experience and a proven track record to his role, demonstrating a forward-thinking approach and deep understanding of industry dynamics [2] - Monteparte's vision includes building a smarter, more agile, and customer-focused airline, positioning Premier to lead in the evolving aviation industry [3]
Premier Air Charter, Inc. Announces The Appointment of Vincent Monteparte as Chairman of the Board of Directors
Globenewswire· 2025-06-24 12:30
Core Viewpoint - Premier Air Charter Holdings Inc. has appointed Vincent Monteparte as Chairman of the Board, bringing extensive experience in various sectors including software technologies and commercial aviation [1][2][3] Company Overview - Premier Air Charter Holdings Inc. is based in Carlsbad, California, and specializes in aircraft charter services, focusing on creating trusted partnerships within the aviation industry to deliver tailored aviation solutions [6] - The company emphasizes reliability, innovation, and sustainability, aiming to exceed client expectations and become the preferred choice for private air travel globally [6] Leadership Experience - Vincent Monteparte has a diverse background in software technologies, commercial aviation, aerospace, transportation, and logistics, with a history of guiding organizations through strategic growth and capital formation [2] - His leadership has previously transformed mid-market organizations, achieving enterprise valuations of up to $2 billion in the software technology sector [3] Strategic Goals - Monteparte expressed his commitment to accelerating innovation, driving operational excellence, and unlocking long-term value for shareholders and customers at Premier Air Charter [3]
Premier Air Charter, Inc. Announces Notable Increase in Bookings to Mexico as More Travelers Seek Personalized and Convenient Air Travel Solutions
Globenewswire· 2025-06-12 12:30
CARLSBAD, Calif., June 12, 2025 (GLOBE NEWSWIRE) -- Premier Air Charter Holdings Inc. (OTC PINK: PREM) ("Premier Air Charter", "Premier"), is pleased to announce that its wholly owned subsidiary, Premier Air Charter, Inc., reported a notable increase in travel bookings to Mexico during the first quarter of 2025, which management believes reflect a strong demand for destination experiences. This increase aligns with the overall upward trend in the charter flight industry, as highlighted by Argus Internationa ...