Tue, Dec 14, 2004
Finding The Right Plane At The Right Price
CharterX has released the fifth generation of its online
marketplace, the Industry XChange, where air charter buyers and
sellers meet. Companies involved with air charter or unscheduled
air taxi (Part 135) have unique requirements for the latest
information on airplane availability, scheduling and pricing
because of the varied and rapid client demands.
CharterX delivers up to date data on significant air charter
carriers across the country. More than 1,000 business jets have
availability data updated by the operator each week. The system
also stores information on more than 1,000 deadheads on any given
day. Air charter buyers are increasingly turning to the web to
locate the exact aircraft for each itinerary; the Industry XChange
is where many of them go. With the launch of Version 5 Industry
XChange, they can find the exact aircraft, with exact pricing
instantly.
The system processes more than 1,500 full flight searches each
day.
"It's an exciting time in the air charter industry. As new
aircraft enter the fray, new buyers and sellers join the market,
and the overall business is maturing such that being connected is
vitally important,” states Jim Betlyon, CharterX President.
"One Way travel, as made popular by the fractional and card
programs, is becoming a huge operational requirement for both the
operator and broker community. An online system optimizing and
matching the demand and supply is absolutely necessary for air
charter to thrive.”
The new technology platform provides the latest capabilities for
directly connecting operators' in-house scheduling systems, along
with XML connections which meet the broader travel industry
standards. CharterX, which pioneered connecting the Part 135 market
on the internet, reports that search volumes, connected operators
and buyers continues to grow briskly, up 50% since the previous
year.
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