Friday, September 24, 2010

VizStar, Inc. (VIZS.OB) Flys Well Ahead of Competitors

Private aviation broker VizStar Inc., dba Celestial Jets, is unique in its industry, with some very specific things going for it. Headquartered in New York, the company provides upscale charter aviation services to entertainers, athletes, executives, and even government agencies. And it does it all on an as-need quick-response basis, without demanding membership or initiation fees. Customers just call and fly from any point to any other point, using any one of 5700 available aircraft, completely avoiding the wait and the hassle normally associated with air travel.

• The company offers competitive charter rates, but without the upfront charges, an important differentiator in a very competitive, though expanding, marketplace.
• Instead of having to maintain a fleet of its own planes, limiting availability and increasing fixed costs, the company has access to thousands of outside charter aircraft. The customer can have any size plane required, anywhere in the world, with only a few hours notice.
• They offer every conceivable option, from customer pickup and delivery, to food and business service requirements, making it as easy and pleasurable for the customer as possible.
• The company has laid out a definite growth strategy, acquiring the assets of jet charter businesses which have suffered from the recession. They’ve already identified a number of prospective targets, potentially generating over $40 million in annual revenue and $4 million in operating earnings.
• By using technology to auction off vacant seats on private aircraft, the company helps maintain the lowest possible costs.
• Customers will be able to book flights via the Internet and mobile applications.

Add to this the fact that their market continues to grow. According to the FAA, “The demand for business jet aircraft has grown over the past several years. New product offerings, the introduction of very light jets, and increasing foreign demand have helped to drive this growth. In addition, corporate safety/security concerns for corporate staff, combined with increasing flight delays at some U.S. airports have made fractional, corporate, and on-demand charter flights practical alternatives to travel on commercial flights. Despite the hard impact of the recession felt in the business jet market, the forecast calls for robust growth in the long term outlook and predicts business usage of general aviation aircraft will expand at a faster pace than that for personal/recreational use.”

For more information, visit the company website at www.CelestialJets.com

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