Tue, Mar 23, 2004
HeliFlite Founder To Launch New Startup
The North Texas
businessman who founded and successfully launched HeliFlite Shares
L.L.C. in 1998 is now in the driver's seat of a new aircraft
venture. Mark Ozenick has been named chief operating officer of
Global Jet Shares Inc., a sister company of California-based
Pacific Jet Inc., both closely held private companies. Global Jet
Shares is offering two programs: fractional ownership of Gulfstream
IIIs; and jet membership cards in those planes, as well as in the
fleet of Pacific Jet.
Ozenick -- who's considering Dallas Love Field, Fort Worth
Alliance Airport or downtown Dallas as an office location for the
start-up company -- is also still a shareholder in HeliFlite, which
sells fractional ownership in helicopters.
As a third-party manager, the Global Shares' fractional program
allows customers to buy a minimum one-eighth share of an aircraft,
allotting them 100 hours of flying time, for $1.375 million. With a
membership card, customers can buy time, without the
responsibilities of ownership, in 25-hour increments.
According to Ozenick, Global Shares is essentially a product
extension of Pacific Jet, The company is negotiating now to buy its
first five GIIIs, all previously owned, into its fleet.
Global Shares will use Pacific Jet's employees for all flights,
maintenance, scheduling and infrastructure. Pacific Jet has 27
years in aircraft charter management and 19 aircraft under
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