SectorWatch.biz: As Corporations Shun Jet Ownership, On-Demand Air Charter May Spark New Interest
Press Release Source: SectorWatch.biz On Tuesday June 22, 2010, 6:00 am EDT
IRVINE, Calif., June 22, 2010 (GLOBE NEWSWIRE) -- SectorWatch.biz announces the availability of a commentary of interest to investors in VizStar, Inc. (OTCBB:VIZS - News), DBA Celestial Jets, and other air charter service companies making news and driving markets today.
The past few years of turbulent economic conditions has forced even the largest corporations to slash expenses. Ownership of expensive corporate jets was an obvious place to cut. Business jet manufacturing was down 38% last year according to General Aviation Manufacturer's Association, and fractional ownership was down even more. But the recession that devastated the manufacturing segment of the private jet business has given birth to an innovative and resilient travel model that has great appeal to corporations: on-demand, private air charter.
Enter Celestial Jets, which recently announced its merger with VizStar, Inc. (OTCBB:VIZS - News). Celestial Jets is a premier aviation charter broker focused on delivering a new and unparalleled way to experience private jet travel. The company delivers this unmatched service without monthly membership fees, initiation fees, long-term commitments or capital investment, while delivering typical savings of 20-30% when compared to other charter or fractional companies in the market place. Furthermore, Celestial Jets is the only private jet charter business that is minority-owned.
View a profile on VizStar, Inc., DBA Celestial Jets, here:
Jet Stocks
Within as little as four hours notice, Celestial Jets can make all the travel arrangements for their client's next trip. Whether it is a short hop or an intercontinental journey, business or pleasure, each and every detail is attended to according to the client's specific requirements. With access to nearly 6,000 qualified aircraft, ranging from light, mid, heavy or jumbo jets, Celestial Jets is capable of serving any potential client.
Celestial Jets