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Premier Air Charter Strengthens Fleet with Challenger 604 Acquisition
Globenewswire· 2025-12-11 13:00
Core Insights - Premier Air Charter Holdings Inc. has announced the strategic addition of a Challenger 604 to its fleet, enhancing its charter capacity and reinforcing its growth trajectory in response to rising demand for business aviation [1][3] - The acquisition is part of a disciplined investment strategy aimed at strengthening market presence and driving long-term shareholder value [1][3] Company Strategy - The addition of the Challenger 604 is a significant milestone in Premier Air Charter's growth strategy, increasing charter capacity and enabling the company to meet rising demand in both business and leisure aviation markets [3] - The company aims to expand its footprint along the Eastern Seaboard, a region experiencing substantial growth, positioning itself to capture new opportunities and strengthen market presence [3] Operational Focus - Premier Air Charter continues to execute its vision of becoming a leading provider in the private aviation sector, reflecting a disciplined approach to growth and a commitment to operational excellence [3] - The company emphasizes reliability, innovation, and sustainability in its operations, aiming to exceed client expectations and foster lasting relationships [4]
Premier Air Charter Unveils Year‑in‑Review Video Featuring Chairman Vincent Monteparte and President Ross Gourdie
Globenewswire· 2025-12-04 13:00
Company leaders reflect on milestones from the past year and outline strategic priorities for the future. CARLSBAD, Calif., Dec. 04, 2025 (GLOBE NEWSWIRE) -- Premier Air Charter Holdings Inc. (OTCID: PREM) (“Premier Air Charter,” “Premier,” “PAC,” or the “Company”) Premier Air Charter today announced the release of its Year‑in‑Review video interview featuring Chairman Vincent Monteparte and President Ross Gourdie. In the candid discussion, the Company’s leadership reflects on key milestones achieved over th ...
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
Core Insights - Premier Air Charter Holdings Inc. has amended the conversion price of its Series A Preferred Stock from $0.04 to $0.25 per share to better align with its current financial position and reduce potential dilution of common stock upon conversion [1][2] Company Overview - Premier Air Charter Holdings Inc. is based in Carlsbad, California, and specializes in aircraft charter services, aiming to create trusted partnerships within the aviation industry to deliver bespoke aviation solutions [3] - The company focuses on reliability, innovation, and sustainability, with the goal of exceeding client expectations and becoming the preferred choice for private air travel globally [3] Strategic Goals - The amendment of the conversion terms is seen as a significant step towards achieving sustainable growth and financial resilience, reflecting the company's commitment to creating long-term value for investors and stakeholders [2] - The company aims to position itself to thrive in the evolving private air charter market through this strategic adjustment [2]
Premier Air Charter Delivers 76% Revenue Growth in Latest Quarterly Filing for the Period Ending September 30, 2025
Globenewswire· 2025-11-18 13:00
Core Insights - Premier Air Charter Holdings Inc. reported a significant 76% quarter-over-quarter revenue increase for Q3 2025, with revenues reaching $7,073,341 compared to $4,021,355 in Q2 2025 [1] - Cumulative revenues for the nine months ended September 30, 2025, were $20,376,185, marking a 33% increase from $15,296,059 in the same period of 2024 [2] - Stockholder equity improved from a deficit of $1,560,030 at the end of 2024 to a positive $873,331 by September 30, 2025 [2] Revenue and Growth Factors - The revenue growth was partially offset by non-recurring equipment purchases and scheduled fleet maintenance, including servicing two newly acquired Gulfstream G-IV aircraft [3] - The company anticipates that the new aircraft will enhance service capacity for both domestic and international clients [3] Strategic Outlook - The Chairman of Premier Air Charter expressed optimism about the company's future and plans for expansion into 2026, highlighting a surge in charter business aligned with broader trends in the private aviation industry [4] - The company aims to refine operations and execute its strategic plan to maintain growth momentum [4] Company Overview - Premier Air Charter Holdings Inc. is based in Carlsbad, California, and specializes in aircraft charter services, focusing on reliability, innovation, and sustainability [4]
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
Core Insights - Premier Air Charter Holdings Inc. reported a significant increase in travel bookings to Mexico, indicating strong demand for destination experiences in the first quarter of 2025 [1][2] - The company experienced a 143% increase in travel volume to Mexico compared to the same period in 2024, reflecting its strategic focus on high-demand destinations [2][3] - Premier is enhancing its service offerings by providing flexibility, custom itineraries, and a premium onboard experience, appealing to both leisure and business travelers [3] Company Overview - Premier Air Charter Holdings Inc. is based in Carlsbad, California, and specializes in aircraft charter services, aiming to create trusted partnerships within the aviation industry [4] - The company focuses on reliability, innovation, and sustainability, striving to exceed client expectations and become the preferred choice for private air travel globally [4]