New Online Service Connecting Air Charter Buyers and Sellers

CharterX has come up with an electronic version of a trip board, a new online service designed to connect buyers and sellers to efficiently fulfill trip requests. Charter operators can view the Trip Board listings and submit quotes to buyers who have posted trip requests. Unlike trip auction systems, the Trip Board will enable charter buyers to choose the best provider for a trip based on a variety of factors. The Trip Board will help buyers efficiently gather the widest possible array of options for any given trip to enable them to make the best fulfillment decision.

The CharterX Trip Board will be available to over 3,000 air charter industry professionals who are current members of the CharterX Industry XChange, the leading online air charter marketplace. The Trip Board will augment the Industry XChange’s existing online air charter information services including aircraft, empty leg, transient, geographic and company name search tools. Over 40,000 trip requests are processed through the CharterX network each month, making it the largest and most active air charter marketplace in the world.

“We are always looking for ways to make the business of air charter fulfillment more efficient and profitable for our customers,” says Jim Betlyon, President of CharterX. “The CharterX Trip Board extends the capabilities of the Industry XChange by providing our members with yet another means of making supply and demand connections.”

Speaking about the upcoming release, Mike Guina, General Manager of Air Charter for Segrave Aviation says, "The CharterX Trip Board adds more value to the central online air charter market. It’s all about efficiently accessing real time demand in the marketplace. Having a single market site where we can locate customer demand that matches well with where our aircraft are and where they need to be will dramatically reduce empty flying and enhance bottom line profitability."

FMI: www.charterx.com