Cash-flow problems at Sentient Jet Holdings, parent of charter, management and jet card firm Sentient Flight Group, have led to a leadership change at the company and an influx of funds to help the company catch up on delayed payments to vendors. On July 9, Sentient announced that Gregory Campbell was taking over as CEO and that former CEO Steven Hankin would be moved to an advisory role at the company.
Sentient Jet Holdings, parent of Sentient Flight Group, today revealed that its financial backers have agreed to provide a new supply of funding to help the charter, aircraft management and jet card firm continue growing and address a cash-flow problem that has resulted in delayed payments to vendors. Sentient also revealed that Gregory Campbell, Sentient’s chairman of the board of managers, is assuming the role of CEO.
Many business gurus believe knowledge is power, but the ability to transform that wisdom into action is the real measure of success. With just that goal in mind, 17 general aviation business leaders–CEOs, presidents, CFOs and operations managers–gathered at Northwestern University’s Transportation Center recently for the Strategic Management for Aviation Service Firms conference.