OGARAJETS has transitioned to an Employee Stock Ownership Plan (ESOP), moving the Atlanta-based aircraft brokerage into employee ownership after 46 years in business.

The company said the move formalises a culture that has long encouraged an “ownership mindset” across the organisation, with employees now directly invested in the brokerage’s future success.

Johnny Foster, president and CEO at OGARAJETS, says: “Ownership at OGARAJETS has always been a mindset long before this election. This next chapter aligns the business with the people who have been carrying the responsibility all along, the ones who execute without fail and take pride in the details when no one is watching.”

OGARAJETS said the ESOP structure was selected to preserve the company’s long-established values and maintain its operational standards under the guidance of employees trained within the business.

The brokerage added that the transition would ensure continuity for clients following a period of record-breaking quarterly performance.

Ashley Charnley, chief operating officer at OGARAJETS, says: “Culture like this takes time to build, and it endures because our people take it seriously. This decision recognises the commitment and consistency of our team, ensuring our future is sitting exactly where it belongs, with the people who have earned it.”

The company said its mission remains focused on delivering aircraft transaction experiences defined by clarity, precision and confidence.