Premier Air Charter

Premier Air Charter offers private jet flights and manages leased aircraft for businesses and individuals. Its services help clients travel flexibly, avoid commercial airline schedules, and manage aircraft ownership. The company also provides aircraft sales and custom aviation solutions for specialized needs.

Wings, Wheels, and Whatnot: Products and Services

• Charter Flight Services: Private jet flights for individuals and businesses; 98.5% of total revenue for the six months ended June 30, 2025.
• Aircraft Management: Oversight and administration of leased and owned aircraft; 0.2% of revenue for the six months ended June 30, 2025.
• Aircraft Sales: Facilitates buying and selling of aircraft for clients; revenue not separately disclosed.
• Maintenance Services: In-house maintenance for managed and owned aircraft; 1.2% of revenue for the six months ended June 30, 2025.
• Bespoke Aviation Solutions: Custom aviation services tailored to unique client needs; revenue not separately disclosed.

Up, Up, and Away: Growth and Expansion

• Acquired four aircraft and lease rights from Demeter Harvest Corp. in May 2024.
• Completed merger with Altair International Corp. in March 2025, making Premier the main operating entity.
• Secured a $3 million line of credit from Tipp Investments, LLC in August 2024.
• Converted $6.4 million in related party debt to preferred stock after June 2025.

What Makes Premier Air Charter Stand Out

Premier Air Charter combines charter flights, aircraft management, and maintenance in one business. Its in-house maintenance reduces reliance on outside providers and may improve efficiency. The company’s growth relies on support from related parties and recent asset transfers.

Five Things You Need to Know

• Charter sales made up approximately 98.5% of revenue for the first half of 2025.
• Revenue was $13.3 million for six months ended June 2025, up approximately 18% year-on-year.
• Gross margin was about 3% for the quarter ended June 2025.
• Net loss was $2.2 million for six months ended June 2025, up from $0.4 million prior year.
• One customer represented 7% of revenue; two customers made up 85% of accounts receivable as of June 2025.

Bottom Line

Premier Air Charter has expanded through mergers and asset transfers, focusing on private jet charters. The company faces ongoing financial challenges and relies on related party support for growth and operations.