OJets, a new Singapore-based private aviation services provider, yesterday launched operations initially with a Bombardier Global 6000 and Challenger 650 financed through Minsheng Financial Leasing Co. The air charter company plans to expand on its relationship with Minsheng to build its fleet over the next several months, said OJets CFO Michael Ta.
“We have implemented a growth objective to quadruple the size of OJets’ current fleet by the end of the second quarter,” Ta said. “This growth is underpinned by $350 million in equity and debt and will establish OJets as a global operator with one of the newest fleets of long-range business aircraft in service.”
The operation is promising a “bespoke experience” through two primary models: traditional on-demand charter and a block-hour program. The on-demand program, designed for the occasional traveler, is pay-as-you go, available for one-way trips, and offers a choice of aircraft. The block-hour program is designed for frequent travelers and comes with personalized service, 48-hour guaranteed aircraft availability at a fixed hourly rate, global coverage, and no ferry fees within a service area. The block-hour program will not require an initiation fee, nor will it involve monthly management fees, OJets said.
OJets is equipping the aircraft with a range of amenities such as Wi-Fi, dedicated workspaces, and sleeping configurations. The operation further is planning “white glove service” by multilingual, international flight attendant teams.
“We are delighted to collaborate with OJets, a new integrated provider of comprehensive business aviation services, to bring a Global 6000 and a Challenger 650 into its fleet,” said Wang Fuhou, president of business and commercial aviation leasing at Minsheng Financial Leasing. “Both parties are confident in our partnership and in the business aviation market. We look forward to the success of this cooperation.”