Altair International Corp. President Provides Open Letter to Shareholders
Altair International Corp. (ATAO) has released a shareholder letter from President Ross Gourdie highlighting the company's recent merger with Premier Air Charter. The company reported a 12% year-over-year revenue growth of nearly $10 million in the first half of last year due to new aircraft acquisitions.
Operating in the $32 billion global air charter market, Premier Air Charter has expanded its fleet to 10 aircraft with the addition of two Gulfstream IV aircraft. The company has applied for a '10 or more' passenger FAA certificate to pursue higher-value charter opportunities.
Premier Air Charter maintains an in-house maintenance team and is seeking certification to service other charter airline aircraft as a new revenue stream. The company aims to capitalize on the strong market conditions, as North American private jets logged 5,238,986 flight hours in 2024, marking a 16.3% increase from pre-Covid 2019 levels.
Altair International Corp. (ATAO) ha pubblicato una lettera agli azionisti firmata dal Presidente Ross Gourdie, che evidenzia la recente fusione con Premier Air Charter. L'azienda ha registrato una crescita del fatturato del 12% rispetto all'anno precedente, raggiungendo quasi 10 milioni di dollari nella prima metà dello scorso anno grazie all'acquisizione di nuovi aeromobili.
Operando nel mercato globale del noleggio aereo da 32 miliardi di dollari, Premier Air Charter ha ampliato la sua flotta a 10 aeromobili con l'aggiunta di due Gulfstream IV. L'azienda ha richiesto la certificazione FAA per trasportare '10 o più' passeggeri, con l'obiettivo di accedere a opportunità di noleggio di maggior valore.
Premier Air Charter dispone di un team interno di manutenzione e sta cercando la certificazione per offrire servizi di assistenza ad altri aeromobili charter, creando così una nuova fonte di ricavi. L'azienda intende sfruttare le favorevoli condizioni di mercato, dato che i jet privati nordamericani hanno registrato 5.238.986 ore di volo nel 2024, con un aumento del 16,3% rispetto ai livelli pre-Covid del 2019.
Altair International Corp. (ATAO) ha publicado una carta para accionistas del presidente Ross Gourdie, destacando la reciente fusión con Premier Air Charter. La compañía reportó un crecimiento interanual de ingresos del 12%, alcanzando casi 10 millones de dólares en la primera mitad del año pasado gracias a la adquisición de nuevas aeronaves.
Operando en el mercado global de alquiler de aeronaves de 32 mil millones de dólares, Premier Air Charter ha ampliado su flota a 10 aviones con la incorporación de dos Gulfstream IV. La empresa ha solicitado un certificado FAA para '10 o más' pasajeros, con el fin de acceder a oportunidades de alquiler de mayor valor.
Premier Air Charter mantiene un equipo interno de mantenimiento y busca la certificación para dar servicio a otras aeronaves charter, generando así una nueva fuente de ingresos. La compañía apunta a aprovechar las sólidas condiciones del mercado, ya que los jets privados en Norteamérica registraron 5,238,986 horas de vuelo en 2024, un aumento del 16.3% respecto a los niveles previos a la Covid en 2019.
Altair International Corp. (ATAO)는 Ross Gourdie 사장의 주주 서한을 발표하며 Premier Air Charter와의 최근 합병을 강조했습니다. 회사는 새로운 항공기 도입 덕분에 작년 상반기에 전년 대비 12% 매출 성장으로 거의 1,000만 달러를 기록했습니다.
320억 달러 규모의 글로벌 항공 전세 시장에서 Premier Air Charter는 Gulfstream IV 항공기 2대를 추가하며 보유 항공기를 10대로 확장했습니다. 회사는 '10명 이상' 승객을 위한 FAA 인증을 신청하여 더 높은 가치의 전세 기회를 추구하고 있습니다.
Premier Air Charter는 자체 정비팀을 보유하고 있으며, 새로운 수익원으로서 다른 전세 항공기 정비 인증을 추진 중입니다. 이 회사는 북미 개인 제트기가 2024년에 5,238,986 비행 시간을 기록하며 코로나19 이전인 2019년 대비 16.3% 증가한 강력한 시장 상황을 활용하려 하고 있습니다.
Altair International Corp. (ATAO) a publié une lettre aux actionnaires du président Ross Gourdie mettant en avant la récente fusion avec Premier Air Charter. L'entreprise a annoncé une croissance de 12 % de son chiffre d'affaires en glissement annuel, atteignant près de 10 millions de dollars au premier semestre de l'année dernière grâce à l'acquisition de nouveaux avions.
Évoluant sur le marché mondial du transport aérien charter de 32 milliards de dollars, Premier Air Charter a étendu sa flotte à 10 appareils avec l'ajout de deux Gulfstream IV. La société a demandé une certification FAA pour transporter '10 passagers ou plus', afin de saisir des opportunités de charter à plus forte valeur ajoutée.
Premier Air Charter dispose d'une équipe de maintenance interne et cherche à obtenir une certification pour entretenir d'autres avions charter, créant ainsi une nouvelle source de revenus. L'entreprise vise à tirer parti des conditions de marché favorables, les jets privés nord-américains ayant enregistré 5 238 986 heures de vol en 2024, soit une hausse de 16,3 % par rapport aux niveaux d'avant Covid en 2019.
Altair International Corp. (ATAO) hat einen Aktionärsbrief von Präsident Ross Gourdie veröffentlicht, der die kürzliche Fusion mit Premier Air Charter hervorhebt. Das Unternehmen verzeichnete im ersten Halbjahr des letzten Jahres aufgrund neuer Flugzeuganschaffungen ein 12%iges Umsatzwachstum im Jahresvergleich auf fast 10 Millionen US-Dollar.
Im 32-Milliarden-Dollar globalen Luftchartermarkt hat Premier Air Charter seine Flotte auf 10 Flugzeuge erweitert, indem zwei Gulfstream IV hinzugefügt wurden. Das Unternehmen hat eine FAA-Zertifizierung für '10 oder mehr' Passagiere beantragt, um höherwertige Chartermöglichkeiten zu verfolgen.
Premier Air Charter verfügt über ein internes Wartungsteam und strebt eine Zertifizierung an, um andere Charterflugzeuge zu warten und so neue Einnahmequellen zu erschließen. Das Unternehmen möchte von den starken Marktbedingungen profitieren, da nordamerikanische Privatjets im Jahr 2024 5.238.986 Flugstunden verzeichneten, was einem Anstieg von 16,3 % gegenüber dem Vor-Covid-2019-Niveau entspricht.
- 12% year-over-year revenue growth of nearly $10 million
- Fleet expansion to 10 aircraft with addition of two Gulfstream IV aircraft
- In-house maintenance team provides competitive advantage
- Potential new revenue stream from maintenance services for other charter airlines
- Operating in a highly fragmented industry with significant competition
- Pending FAA certification for '10 or more' passenger operations
- Maintenance service expansion still requires permitting and certification
CARLSBAD, CA / ACCESS Newswire / April 22, 2025 / Altair International Corp. (OTC PINK:ATAO), the parent company of Premier Air Charter, Inc. ("Premier Air Charter", "Premier"), today released the following letter from Company President, Ross Gourdie, to its shareholders.
Dear Fellow Shareholders,
Earlier this year, we finalized our merger with Premier Air Charter. We've jumpstarted our plans, business goals, and organic growth with this strategic acquisition. With that, I would like to take the opportunity to introduce Premier Air Charter, Inc., and myself to you, our valued shareholders. Let's briefly discuss our current success as well as our expectations for 2025 and beyond.
To begin, I feel honored leading our company and team of extraordinary, world-class professionals. Our team, united in our efforts, has helped guide us through a continued transformative period permanently strengthening the value of our organization. I'm proud of our combined efforts and progress.
With the global air charter market currently valued at
According to TRAQPak, North American private jets, in aggregate, logged 5,238,986 flight hours in 2024, making it the industry's third-best year ever. That's 732,711 more hours than pre-Covid 2019 levels, representing a
To support this trajectory, Premier Air Charter has applied for a "10 or more" passenger FAA certificate following our acquisition of two Gulfstream IV aircraft. These large-cabin jets round out our 2025 strategy, bringing our total aircraft count to 10, and enable us to meet rising demand and expand into higher-value charter opportunities.
We take great pride in our in-house maintenance team, which we believe provides Premier with a strong competitive advantage. We prioritize safety and reliability by maintaining our diverse fleet, through the meticulous work of our team. This approach ensures each aircraft meets the highest standards, providing our clients with a seamless and secure travel experience.
Premier is currently seeking the permitting and certification to allow our maintenance team the ability to work on other charter airline aircraft. The goal is to create a new revenue stream for our company and provide yet another competitive advantage.
Despite competing in a fragmented industry, we believe Premier Air Charter is uniquely positioned to drive growth, redefine excellence in customer service, and solidify our standing as the premier jet charter provider in the U.S. market.
On behalf of the Altair team, I thank each shareholder for your continued support as we enact our vision and strategy to bring continued success now and throughout 2025.
Thank you,
Ross Gourdie
About Altair
Altair International Corp. (OTC:ATAO) is a diversified holding company.
About Premier Air Charter
Premier Air Charter LLC is a San Diego, California-based aircraft charter provider that serves an international community of aviation enthusiasts. The company specializes in creating trusted partnerships within the aviation industry to deliver bespoke aviation solutions for its clients. With a focus on reliability, innovation, and sustainability, Premier Air Charter aims to continuously exceed expectations, fostering lasting relationships and becoming the preferred choice for private air travel worldwide. For more information, please visit www.premieraircharter.com.
Forward-Looking Statements
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the Company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the Company's ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the Company's business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company's periodic filings with the Security and Exchange Commission.
Media Contact:
Ross Gourdie, President
Premier Air Charter
(858) 304-2665
office@premieraircharter.com
# # #
SOURCE: Altair International Corp.
View the original press release on ACCESS Newswire
FAQ
What was ATAO's revenue growth in the last reported period?
How many aircraft does Premier Air Charter currently operate?
What was the total flight hours for North American private jets in 2024?
What new revenue stream is ATAO pursuing through its maintenance division?
