VizStar, DBA Celestial Jets, is a premier aviation charter broker focused on delivering a new and unparalleled way to experience private jet travel. The company delivers its unmatched service to customers without any membership or initiation fees, long-term commitments or capital requirement. VizStar does this while also delivering typical savings of 20-30% when compared to its competitors’ solutions.
With the acquisition of Celestial Jets, the company has access to nearly 6,000 aircraft worldwide through strategic vendor relationships and is in a position to broker private flights at any time on any day. Under its business plan, VizStar has a number of future revenue opportunities. These opportunities include:
Aircraft management – Celestial Jets can function as an intermediary between its customers that own aircraft and an aircraft management company that will provide maintenance and flight services to third parties. These third parties may need to charter a flight on a plane for a particular need on short notice. VizStar will earn fees for making the arrangements between the aircraft owners and the management company and brokering the charter flights.
Purchase and Sale of Aircraft – Celestial Jets intends to expand its activities in other airline-related fields including acting as a broker in the purchase or sale of aircraft. A majority of purchases of used aircraft are conducted through brokers and the commissions paid to the broker can reach 2-3% of the final sale price, which can be substantial when aircraft prices are in the $20 million range.
Dealing in Fractional Ownership Shares – Purchasers of fractional ownership interests in aircraft sometimes find themselves no longer in need of the interest they bought. VizStar believes that this presents a profitable revenue opportunity by allowing the purchase of fractional interests at a discount and the resale of those interests to third parties in need of partial use of an aircraft.
Stripped Fuel Contract – VizStar believes that in periods of fluctuating airline fuel prices, opportunities exist to generate income from separating fractional ownership interests in an aircraft from a fixed price fuel contract that is often attached to the ownership interest.
For more information on VizStar’s services, please visit the Celestial Jets website at www.celestialjets.com.
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