Air Charter Services has reported revenues of $1.3bn for the financial year ending January 31 — marking a 10.3% increase on the year prior.
The result was driven by 19.1% growth in private jet revenue. Revenues increased across all divisions, also including group travel, cargo, leasing, and time critical services.
“Of our three main divisions, private jets saw the largest revenue growth, with figures up 19.1% on 2024," said Air Charter Services chairman Chris Leach. "This was fuelled by a number of strategies paying dividends, including the expansion of our Jet Card programme. Our helicopter business also saw great progress with a 44% jump in revenue over 2024’s figures.”
Group charter division saw a “healthy increase” in turnover. The company's ACMI & leasing team saw the largest growth across all divisions, with a 168% jump in turnover.
Air Charter Services' cargo charter division saw a modest increase, with revenue and flight numbers up.
Time critical division revenues were up by 76% despite the backdrop of tariff uncertainty causing industry disruption during the year.