News Release

Cofrance SARL becomes first charter broker in France to earn ARGUS registered broker rating

ARGUS International, Inc. (ARGUS) is pleased to announce Cofrance SARL, a leading charter broker for Russian speaking clients worldwide, as the first French charter broker to earn the ARGUS Registered Charter Broker rating.

As the most recognized and trusted source of information on the charter business around the world, the ARGUS Charter Broker program raises the bar to meet the high expectations and due diligence requirements of charter consumers and commercial aircraft operators. Although there are many charter brokers in the industry, only the finest can qualify as an ARGUS rated charter broker.

“We've spent nine months going through the serious standardized process to receive the status we've been working toward,” said Vitaly Arkhangelsky, director of Cofrance SARL. “We are proud to be registered."

“We are pleased to announce Cofrance SARL as our first French Registered Charter Broker,” said Joe Moeggenberg, president and CEO of ARGUS International, Inc. “With an ever-increasing number of brokers entering the industry it is critical to keep customer safety, finances and comfort at the forefront of business practices. Cofrance has reinforced their commitment to safety and assurance with this certification.”

Consistent with the ARGUS Gold and Platinum rating program for charter operators, the ARGUS Charter Broker program is designed to provide end consumers and aircraft operators with unbiased, factual and relevant data necessary to make informed and confident decisions every time they participate in a charter flight facilitated through a charter broker. An ARGUS Registered Charter Broker must provide ARGUS with documented proof of specific requirements, and annually pledge their commitment to adhering to industry best practices and applicable regulations. A Certified Charter Broker will submit the same documentation and annual pledge, and will undergo an on-site audit, once every two years, to prove their compliance with industry best practices and applicable regulations.