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Atlantic Aviation's Revenues Are Up
As Three Million Air FBOs Transition
It's
not news that aerospace industry profits are down since 9/11. What
is news is that Atlantic Aviation's revenue has increased by about
25% in the past year.
"The events of 9/11 most assuredly affected this industry,"
says Louis Pepper, CEO of Atlantic Aviation. "Atlantic Aviation,
however, has experienced strong growth since then."
Pepper credits Atlantic's growth and success to the increased
level of service and commitment to customer satisfaction that has
been the primary goal of his management team since it acquired Atlantic
from Legg Mason in December 2000.
"Atlantic is positioning itself for growth and future expansion,"
he says. "We have identified key markets where we will make
strategic acquisitions that will allow us to offer more location
choices to our customers."
As part of the company's long-term strategy, Executive Air Support
-- the parent company of Atlantic Aviation -- reached agreement
earlier this summer with Roger Woolsey, owner of the Million Air
Houston (Hobby) franchise, to sell Million Air Interlink, the EAS's
franchise company that held the Million Air name.
Related to that handover of the Million Air franchise name, the
three EAS FBOs that operated as Million Air facilities changed over
to the Atlantic Aviation banner. So the FBOs in Bridgeport and Hartford,
Conn., as well as Long Island, N.Y., became part of Atlantic Aviation's
operations. That brings the total number of Atlantic locations to
eight, including Teterboro, Philadelphia International, Northeast
Philadelphia, Houston (also Hobby) and Midway.
"These three FBOs, along with the recently initiated multi-million
dollar improvement program at other Atlantic locations, demonstrates
our commitment to provide unparalleled service in the industry,"
says Pepper, who added that the decision to transition the Bridgeport,
Hartford and Long Island locations enables Atlantic Aviation to
expand the company's quality-service programs to customers in key
markets in a more cohesive manner.
"We have an experienced management team in place with a reputation
for ensuring that our customers, and that includes the passengers
as well as the pilots, receive a consistent level of quality service
at any and all of our locations," he says.
In other news, Atlantic Aviation has expanded its Flight Services
Division charter fleet with the addition of four aircraft: a Challenger
601-1A based at Wilmington, Del.; a Falcon 900-A based at Teterboro;
and a pair of Challenger 601-3As based at Newark and at Trenton,
N.J.
Atlantic Aviation manages and operates 22 turbine-powered aircraft
from its Flight Services Division headquarters at Teterboro.
"The addition of these four aircraft enables us to service
the increasing demand for larger-cabin type aircraft in the northeast
marketplace," said Atlantic Aviation Flight Services sales
and marketing vp Larry Dean.
Along with those additions, AAFS has completed FAA certification
of a Lear 35A to meet RVSM requirements. This is one of the first
Lear aircraft to achieve this certification. The aircraft is based
at White Plains, N.Y.
By Barry Rosenberg
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