Press Release

Issued by Private Jet Center.

May 30, 2024

Private Jet Center (PJC), a Pittsburgh based aircraft management company, in conjunction with its strategic partner Jets.com, a leading global private aviation charter brokerage, is proud to announce a purchase agreement for two new Cessna Citation XLS Gen2 aircraft from Textron Aviation. This joint initiative affirms both firms' commitment to providing business and private fliers with top-notch aviation services and access to an upscale, modern fleet.

“We are excited to add the Citation XLS Gen2 to our fleet,” said Clayton Pegher, CEO of Private Jet Center. “These aircraft are a logical first step toward our long-term goals of modernising our fleet and developing additional aircraft ownership services in conjunction with our long-standing partner Jets.com. The new aircraft will help lower operating costs, increase dispatch reliability and improve our successful employee retention programme. This order is just the beginning of a more robust long-term plan of fleet growth through new aircraft acquisitions.”

The popular Citation XLS Gen2 aircraft are slated for delivery in 2025 and will be added to PJC's Part 135 air carrier certificate. PJC is also preparing to order additional new large cabin aircraft, further upgrading its fleet and improving client access to equipment that fits all mission profiles. The air carrier currently operates 14 light, midsize and super-midsize aircraft, including 13 Citations, which are all available for on-demand charter.

This new collaboration between PJC and Jets.com offers synergies and benefits to both firms' clients and will include access to the new Citation XLS Gen2 aircraft. These jets will also play a crucial role in an innovative new fractional ownership programme offered jointly by PJC and Jets.com. That programme is due to be unveiled later this year and will expand ownership options for new and existing clients.

“We are thrilled to support Private Jet Center's acquisition of these new aircraft," stated Daniel Satterlund, COO of Jets.com. “Through this collaboration, we aim to strengthen our product offering for Jets.com clients and help PJC enhance its aircraft ownership offerings. Our shared vision is to empower clients with unparalleled access to luxury air travel, and the Citation XLS Gen2 aircraft is the perfect choice to further this initiative.”

The aircraft is an attractive ownership option because of its charter popularity and relatively low operating costs.