Press Release
Issued by Skytime.
May 1, 2014
Skytime Jets Ltd has launched its new generation card. In response to client feedback Skytime Jets has created a uniquely flexible no risk service for regular private jet users.
Skytime Jets was founded by an experienced business aviation team providing bespoke, service oriented charter flights to their international client base. By listening to its clients Skytime Jets has developed a programme relevant for today's market place.
Previous card products have offered a guarantee of aircraft availability in return for up-front payment of the block of hours purchased. Skytime Jets has ignored convention and is able to offer a unique proposition through its partnership with Cater Allen Private bank.
For Card customers, Skytime has taken the the unique step of opening a personal escrow account for each client with Cater Allen Private Bank – this ensures that the clients maintain absolute control of their funds at all times.
Client's payments are deposited into the escrow account – in the client's name – handing complete control of the funds to the client. When each flight is booked and confirmed the cost of that flight is drawn down with the express permission of the account holder.
This open book and transparent approach to business along with a simple easy in and easy out agreement eliminates risk, promises financial security and creates a positive relationship of trust between Skytime Jets and its client.
“Having been heavily involved in the executive aircraft industry over the last 10 years, we felt that the time was right for a structured and client focused charter broker” said James Shotton co-founder and executive director of Skytime Jets Ltd. “Our new card offers a combination of modern, high quality aircraft provided as part of a guaranteed supply with absolute financial security. Clients retain the ability to exit their agreement at any stage and receive their full, unused funds upon exit. This security and flexibility make a compelling proposition.”
“We are tremendously fortunate to have Mark Stephenson as a co-founder in Skytime Jets,” added James, “His advice and experience as a private jet customer will be invaluable as we develop our business.”
