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News Release

New Flight Charters receives credit ratings upgrade

November 13, 2019:

New Flight Charters, the leading on-demand private jet charter brokerage, has 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 has been named in the Inc. 5000 Honor Roll as a fastest growing U.S. company in 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", which is 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.

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 recognised 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 recognised 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 Air Charter Association.

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.

 

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New Flight Charters