newstodate.aero
May 06, 2019 (newstodate): The pressure on the ACMI market from the sustained Boeing MAX 8 groundings and the general increase in charter traffic during the coming season might induce ACMI providers to speed up fleet planning.
Not so with the Danish charter and ACMI provider Jet Time that sticks to its strategy, and maintains a conservative approach to market fluctuations.
-The issue with the MAX 8 groundings will have no influence on our 2020 Strategy and the airline's fleet planning, says Birthe Madsen, Jet Time VP Management Support.
-According to our strategy, four Boeing 737-800 aircraft have been added to our fleet during the past six months, bringing our fleet to a total of 10 aircraft including six Boeing 737-700 and the four Boeing 737-800 aircraft.
-We are also now in the final phase of negotiations for the lease of a further two Boeing 737-800 aircraft to be delivered by the end of 2019 and early 2020 - all in accordance with our plans for development towards 2020, says Ms Madsen.
Managing the company as CEO from June 1, 2016, Jorgen Holme has successfully turned around Jet Time to bring back the airline on a firm footing after a troubled period with a diversity of business segments, feverish expansion, and weak financial and cost control.
Under the 2020 Strategy, the focus has been on taking out complexity in operations with a single-type aircraft fleet, and focus on two business segments charter and ACMI, while axing two other segments cargo and ATR ACMI - and bringing profitability back to the airline.
Not so with the Danish charter and ACMI provider Jet Time that sticks to its strategy, and maintains a conservative approach to market fluctuations.
-The issue with the MAX 8 groundings will have no influence on our 2020 Strategy and the airline's fleet planning, says Birthe Madsen, Jet Time VP Management Support.
-According to our strategy, four Boeing 737-800 aircraft have been added to our fleet during the past six months, bringing our fleet to a total of 10 aircraft including six Boeing 737-700 and the four Boeing 737-800 aircraft.
-We are also now in the final phase of negotiations for the lease of a further two Boeing 737-800 aircraft to be delivered by the end of 2019 and early 2020 - all in accordance with our plans for development towards 2020, says Ms Madsen.
Managing the company as CEO from June 1, 2016, Jorgen Holme has successfully turned around Jet Time to bring back the airline on a firm footing after a troubled period with a diversity of business segments, feverish expansion, and weak financial and cost control.
Under the 2020 Strategy, the focus has been on taking out complexity in operations with a single-type aircraft fleet, and focus on two business segments charter and ACMI, while axing two other segments cargo and ATR ACMI - and bringing profitability back to the airline.