Marquis Jet Partners says it has experienced strong performance in all factors of its business in the first quarter of 2003, including revenue, new owner growth, owner retention and flight activity.

For the quarter ending March 31, comparable quarterly revenues increased by more than 350 per cent and flight activity by more than 320 per cent over the same period in the previous year.

Marquis also says that it has acquired new owners at an ever increasing rate in both the US and Europe and owner retention was nearly 100 per cent of those who have purchased one of the company’s Jet Cards renewing or migrating to NetJets.

“Our continued growth is a clear indication that there is both a need and a demand for Marquis Jet’s 25-hour proprietary private jet card programme.

“We acquire fractional interests from NetJets and offer them in 25-hour one-year prepaid leases to individuals and companies,” said William Allard, ceo and president of Marquis Jet Partners.