Private Jet Charter Company New Flight Charters Receives Credit Ratings Upgrade

posted on 14th November 2019 by Eddie Saunders
Private Jet Charter Company New Flight Charters Receives Credit Ratings Upgrade

New Flight Charters, the leading On-Demand private jet charter brokerage, received an upgrade of its commercial credit rating by D&B Dun & Bradstreet amidst 2019 business growth. 

New Flight Charters has averaged 13.2% annual grown for 15 years and was named to the Inc. 5000 Honor Roll as a fastest growing U.S. company four different years. 

According to D&B, “The D&B Credit Rating is a system that measures a firm’s size and composite credit appraisal, based on information in a company’s interim or fiscal year balance sheet and an overall evaluation of the firm’s creditworthiness.”

New Flight Charters’ current D&B composite credit rating is the highest possible, coded “1R2”, defined as “Good”.  The Delinquency Predictor component of the rating was recently upgraded to Class 1-Low Risk, the best possible rating.

Company credit ratings, details and reports are available online from D&B.

The Industry’s Most-Accredited

Proud to be one of few in the private jet charter industry with a commercial credit rating.  New Flight Charters has been credit-rated since 2004 when it was recognized with a DUNS number and approved as a U.S. Government Contractor.  New Flight Charters has payment Terms with 115 leading aircraft operators and management providers.

New Flight Charters is the most-accredited charter company in the U.S. and a recognized ARGUS-Registered Broker- one of just thirty-nine ARGUS-rated charter brokers worldwide, and is one of only five approved U.S. members of the international Air Charter Association.

Air Charter Industry Credentials Report

The first in the air charter industry, New Flight Charters has provided a factual Company Credentials Report with financial, credit, background and audit information to industry partners since 2010. The report is updated bi-annually and publicly available on the New Flight Charters website.