On The Move Systems Corp. (OMVS) Preparing to Dominate Private Jet Air Chartering

Overall, the private jet industry has been very sluggish over the past few years due to a sluggish global economy. Cautious corporate executives, fearing usage of the corporate owned private jet due to backlash from activist hedge fund managers and other large shareholders, has also restrained the growth of this sector. The private jet transportation sector had begun growing since 1986 when a company called NetJets introduced a timesharing type of arrangement called fractional ownership of aircraft. While this type of business grew for a while, partial ownership, creating scheduling chaos and dealing with occasional empty flights, has generated questions as to whether this business model even works.

However, having the ability to drive up directly to your flight and move your baggage directly from your car to the plane has great appeal to individuals and business executives that do not want to contend with checking in luggage at a terminal and waiting in a line to be looked over by a TSA agent. Private aviation also offers greater flexibility in destinations as access is broadened to over 5,000 airports in the United States, versus the 500 largest airports reserved for the commercial airlines. Throw in great time savings as you have no lengthy layovers to contend with, greater in-flight productivity, and five star services, and one can see why this industry would have wide appeal to those that use it.

Hence air chartering, which is renting an entire aircraft, as opposed to an individual seat by purchasing an airline ticket, has been the one segment experiencing great growth. A new crop of charter businesses is offering customers the abilities to compare costs and book flights, while simultaneously aiding jet owners fill empty seats and not deal with the expense of an empty leg. Indeed, this past March 14, CNN Business highlighted air charter company PrivateFly, which experienced tremendous growth since it began operations in 2007. No one company dominates this industry. As IBIS World indicated, in a $15 billion dollar industry, over 22,000 companies are in the air charter business, and the industry is highly fragmented.

On The Move Systems is well positioned to be the Expedia of the private aviation charter services sector with its core technology, the ITSx platform. The game changer for On The Move Systems will be the utilization of smartphones, iPads, and other mobile technologies to book flights and manage a client’s flight profile. The company continues to add to its product offerings to provide clientele the ability for complete intermodal transportation through its joint venture partner, JetSet Car Service, a provider network that connects nearly 2000 limousine operators in 24 countries around the world. With the ability to compete alongside Priceline.com, TripAdvisor.com, and Expedia, On The Move Systems is prepared to become the dominant online booking portal for air chartering.

For more information, visit: www.onthemovesystems.com

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