Prime Jet – Back in Operation with Gulfstream 550

Scottsdale, AZ – July 7, 2011

Prime Jet, a part 135 FAA Worldwide-Certificated operator, announces its re-emergence with the addition of a Gulfstream G-550 conformed on June 9th, 2011. Prime Jet shows a domestic and international presence with offices in Colorado, Arizona, and Singapore.

Continuing operations with a factory new Gulfstream 550 based in Singapore, Prime Jet plans rapid expansion of their charter and privately managed fleet around the world. In addition to offering Part 135 management, Prime Jet will now offer Part 91 only management and combinations of the two.

Former owner Gordon Binder sold the company to members of the original Prime Jet Senior Management Team in early June 2011. Maintaining the same team of veteran industry professionals upholds the solid reputation Prime Jet has earned over the course of the past eight years. As CFO, Liz McGraw comments, “Our client base continues to place their faith in our business because we are known as an honest management team. A team that continually outperforms the competition in realized revenues for owners.”

At the cornerstone of the Prime Jet brand is unparalleled experience operating the highest individually utilized GIV-SP fleet in the charter industry from 2005-2009, with peak charter revenues at $12 Million per aircraft annually. COO Andrew Gulsrud states, “Our business plan focuses on enhancing a company with an established presence in the industry. Our goal is to expand on the capabilities of an already reputable company.”

Central to Prime Jet’s business philosophy is their owner-driven management style. As CEO Cheryl Janke states, “Prime Jet places immense value on our relationships with aircraft owners. Our management options are flexible, designed around owner’s usage and revenue goals.”

Media Contact:
Andrew Gulsrud, COO
Prime Jet
14555 N Scottsdale Rd. Suite 230
Scottsdale, AZ 85254
Phone: +1-818-830-2829
Email: charter@primejets.com

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