New Flight Charters Announces Strong Results, Increases in Private Jet Charter Activity and Demand, Year over Year

Significant Growth Seen in Jet Charter Segments and a Demand Shift From Smaller to Larger Aircraft for Charter Flights.

In addition jet charter pricing improved overall, with an increase in one-way pricing options across many top charter operators and fleets nationwide.”

— New Flight Charters president Rick Colson

DENVER, COLORADO, UNITED STATES, April 3, 2017 / — New Flight Charters, a nationwide leader in private jet charter, announced a 8.4% year-over-year increase in number of charters for 2016. The company, celebrating its 13th Anniversary in 2017 and named to the Inc.5000 fastest growing U.S. company list four consecutive years 2009-2012, is experiencing consistent growth in jet charter demand.

Averaging 13.6% annual growth since 2004, New Flight Charters continues to gain popularity with private fliers; in particular corporations, political organizations and private families.

The company features one of the industry’s largest aircraft availabilities, customized private charters with any type aircraft, ratings or more, and a Best Price Guarantee for any charter.

New Flight Charters’ growth in 2016 saw charter demand generally moving from turboprop charters to jet charters, and an overall movement from smaller to larger aircraft.

The demand for turboprop charters decreased 19.1%, while the demand for jet charters overall increased 21.4%. The number of light jet charters grew 12.7%, midsize jet charters leaped 37.4%, and the demand for large cabin jets climbed 21.4%.

January 2017 charters continue the trend, with a decline in turboprop demand, offset by a rise in jet charter demand overall, particularly in the light jet and large cabin jet categories.

“We saw a definitive move from smaller to larger charter aircraft bookings this year. The demand moved up the scale,” commented New Flight Charters’ president Rick Colson. “In addition jet charter pricing improved overall, with an increase in one-way pricing options across many top charter operators and fleets nationwide.”

The company, while seeing growth in charters nationwide, attributes additional results to its specific initiatives in the Colorado and Jackson Hole, Wyoming areas.

Jackson Hole Jet Charter is the company’s local resource for private charter information and flying to and from Jackson Hole and the northern Rockies. Featured are Jackson Hole specials, regional empty legs, and a regional charter aircraft listing with access to aircraft transient at Jackson Hole Airport.

Launched in 2016, Jet Charter Colorado is the only resource with all 104 charter aircraft based in the state from 34 FAA certified operators, along with one-way pricing aircraft available to and from Colorado. Featured are all local and regional charter aircraft, discount empty legs to and from Colorado, and the company’s Best Price Guarantee for every charter. The most popular locales for charter arrivals and departures in the state during 2016 were the Denver-Centennial, Aspen, Eagle-Vail and Rocky Mountain Metro airports.

About New Flight Charters
Since 2004 charter aircraft owner and leading U.S. private jet charter brokerage New Flight Charters has arranged private domestic and international flights with top-rated operator aircraft along with its Best Price Guarantee, top aircraft availability, industry empty legs list, and a perfect safety history. Extensive client reviews and industry ratings are available on the New Flight Charters website. As a registered U.S. government contractor with an A+ rating by the BBB, and named to the Inc.500 fastest growing list four consecutive years, the jet charter company handles 1,400 flights annually nationwide and serves a wide variety of clientele including Fortune 500 companies, government heads of state, presidential campaigns, entertainment icons, private families and entrepreneurs.

For charter quotes or information nationwide, call (800) 732-1653. For Colorado charter information and quotes to, from, or within the state, call (303) 729-1444. For charter information to or from Jackson Hole, WY call (307) 734-7751.

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Source: EIN Presswire

Crescent Adds Investors and Buildings in Flatiron Park

A majority of the portfolio has been converted to creative office, providing cutting-edge spaces for tenants competing to attract top employees.

Flatiron Park is known throughout Boulder as a leader in providing innovative and creative work environments.

Flatiron Park is a true creative hub for Boulder’s innovative tenants who seek a differentiated experience in Boulder.

Currently home to more than 100 companies across diversified industries, Flatiron Park has a high concentration of technology-related firms.

Goldman Sachs and Lionstone Investments join Crescent as investors in Flatiron Park with a shared vision to further develop creative office space in Boulder.

Crescent has demonstrated its commitment to Boulder’s Flatiron Park by adding two successful commercial real estate investors as partners and adding four additional buildings to the portfolio.”

— Conrad Suszynski, Co-CEO of Crescent Real Estate LLC

FORT WORTH, TEXAS, USA, April 3, 2017 / — Crescent Real Estate Equities, LLC today announced that Goldman Sachs Asset Management (GSAM) Private Real Estate and Lionstone Investments joined Crescent as investors in 17 buildings and a development site owned by Crescent since 2011 in Flatiron Park, Boulder, Colorado. Additionally, the partners purchased four more buildings in Flatiron Park, bringing the total portfolio to 21 buildings totaling 859,158 square feet and the development site.
Crescent will serve as general partner and will manage, lease and market the buildings for the partnership.
Crescent has demonstrated its commitment to Boulder’s Flatiron Park by adding two successful commercial real estate investors as partners and adding four additional buildings to the partnership’s portfolio,” said Conrad Suszynski, Co-CEO of Crescent Real Estate LLC. “We are looking forward to continuing the transformation of our buildings in the park into an exciting office space for tenants in Boulder who have outgrown inefficient downtown spaces.
“Flatiron Park is known throughout Boulder as a leader in providing innovative and creative work environments,” noted Suszynski. “The park is a unique and successful business environment that fits the culture and lifestyle of Boulder, Colorado.”
Currently home to more than 100 companies across diversified industries, Flatiron Park has a high concentration of technology-related firms as well as other companies who favor an open floor plan and creative office environment. A majority of the portfolio has been converted to creative office, providing cutting-edge spaces for tenants competing to attract top employees.
“We are excited to continue the transformation of Flatiron Park into a true creative hub for the community’s innovative tenants who seek a differentiated experience relative to downtown Boulder,” noted Joseph Sumberg, Managing Director in GSAM Private Real Estate.
“Flatiron Park has differentiated itself in Boulder as a premier creative office alternative,” stated Jane Page, CEO of Lionstone Investments. “As an investment, it is a compelling mix of durable in-place cash flow with the opportunity for ground-up development in a supply-constrained market.
“Flatiron Park offers customers a truly unique office experience not found anywhere else in Boulder,” Page added.
Flatiron Park is a 200-acre master planned business park comprised of over 100 buildings totaling 2.3 million rentable square feet. The property is bordered by dedicated bike and pedestrian paths providing convenient access throughout Boulder, and it is easily accessed by auto or bus. Mature landscaping and mountain views provide a lush backdrop for amenities including various food trucks, a coffee shop, craft brewery, boxing gym, and Pilates studio. Future amenities include an enhanced food truck experience offering more varied food options, and B-Cycle Superstations, with additional bike paths planned.
Flatiron Park fits well with Boulder’s amenity-rich lifestyle including cultural opportunities, a vibrant nightlife, and year-round outdoor activities including hiking and biking trails, recreational open space, and quick access to world-renowned ski resorts as well as Rocky Mountain National Park. Boulder has been recognized as America’s 15 Most Active Cities, America's Best Bike Cities, Happiest & Healthiest City, and #1 Most Educated Metro Area.
Crescent is nationally renowned for its management of commercial real estate, having been awarded multiple times the prestigious national commercial real estate customer service award for excellence. This award recognizes the commercial real estate industry’s best companies for customer service.
For further information, please visit:

Crescent Real Estate LLC (Crescent) is a real estate operating company and investment advisor founded by its Chairman, John C. Goff, with assets under management totaling $1.4 billion. Through the recently established GP Invitation Fund I, Crescent will acquire, develop and operate all real estate asset classes alongside institutional investors and high net worth clients. Crescent's portfolio consists of 7,000 units of multifamily properties; 1.8 million square feet of creative office space; 610,000 square feet of Class A office properties in Colorado and Texas; and The Hotel Crescent Court in Dallas. Crescent is an affiliate of Crescent Real Estate Holdings, LLC, an award-winning owner and operator of premier real estate assets throughout the U.S., such as The Ritz-Carlton, Dallas; a newly developed Class AA office building, McKinney & Olive in Dallas; and the wellness lifestyle leader, Canyon Ranch®.

Lionstone Investments is a data-analytics driven real estate investment firm that specializes in conceptualizing, analyzing, and executing national investment strategies on behalf of institutional investors and high net worth individuals. Lionstone’s objective is to identify and execute smart investments by understanding the evolution of internationally competitive cities, then pinpointing where the most productive people in America want to live and work—Places for Productive People.® Since its founding in 2001, Lionstone has consistently generated cycle-tested real estate investment performance that has exceeded peer and industry benchmarks. Lionstone’s investment DNA was, and continues to be, data-driven, and is its greatest point of differentiation from other firms. Using proprietary research tools and algorithms, a highly-skilled staff, and deeply-experienced leadership, Lionstone sources unique investment opportunities and effectively executes them nationwide. Please visit our website at:


Goldman Sachs Asset Management (GSAM) Private Real Estate focuses on investing across all major property types spanning the risk and return spectrum, sourcing opportunities in primary and secondary markets. The group employs an active management approach, seeking to drive returns for investors through asset management initiatives including renovating and rebranding assets, and implementing energy and operating efficiency programs to realize cost savings. The group has over $1 billion of assets under supervision (AUS) as of December 31, 2016 and is part of GSAM, one of the world’s leading investment managers with more than $1 trillion in AUS globally.

Dennis Winkler
Crescent Real Estate
713 259-0195
email us here

Source: EIN Presswire

Retail Banking Malaysia Trend, Share and Analysis 2017



Retail Banking Malaysia Market Share, Mortgages, Personal loans and Forecast to 2021

PUNE, INDIA, April 3, 2017 / — Summary
Malaysia is a mature market, albeit still developing in many aspects. Our research shows that the country’s consumers are very similar to those in developed nations in terms of embracing the convenience brought to banking through digital platforms – and banks in Malaysia have been quick to act on this potential. With a healthy economy and a bright outlook over the next few years, the market presents significant opportunities for providers across the retail banking spectrum.

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Key Findings
– As in other markets in the Asia Pacific region, online has become a preferred channel for routine activities in Malaysia. However, mobile should be rapidly making inroads as mobile penetration in most developing markets has reached the masses.
– Among Malaysian consumers as a whole, reputation and branch location are the two most influential drivers of choice, and are particularly important to younger and post-family consumers.
– Providers in Malaysia put a lot more emphasis on their savings products than is typical. Indeed, these accounts are largely indistinguishable from the current accounts seen in other markets.
– Trust, Convenience, and Responsibility are the most important values to consumers. They like providers that act with integrity, and prefer to have the freedom to make their own decisions. These attitudes were particularly apparent among older consumers, implying they set high standards for service providers.

“Retail Banking Country Snapshot: Malaysia 2016” reviews the retail banking sector in Malaysia, with a particular focus on the current account, savings, mortgage, and personal loans markets. It includes both market-level data and insight from our global Retail Banking Insight Survey.

The report offers insight into:
– How consumers in Malaysia take out and use their financial products, and how this has changed in recent years.
– Which providers dominate the current account, savings, mortgage, and loan markets, and what factors persuaded their customers to choose them.
– The extent to which consumers are using online and mobile channels to research, take out, and use their financial products.

Reasons to Buy
– Futureproof your strategy with market sizing, forecasts, and analysis of key developments currently affecting Malaysia’s retail banking sector.
– Target consumers with inside knowledge of their true behaviors and attitudes, with detailed analysis from our proprietary insight.
– Learn about the impact new entrants and distribution channels will have on the market.

Table of Contents
Current accounts
Channel use
Savings accounts
Personal loans
Bank infrastructure & regulation
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Get in touch:

Norah Trent
+1 646 845 9349 / +44 208 133 9349
email us here

Source: EIN Presswire

Card based B2B airline transactions: time for change?


An expert view of Cedric Baudon, Travel industry payment expert at Limonetik

PARIS, FRANCE, April 3, 2017 / — A fundamental characteristic of an airline company is that it is simultaneously a global and a local organization. From a sales perspective, they are also truly omnichannel. And if one thinks about it for a minute, it has been so even before the Internet. Airline tickets are being sold through a variety of means, from airline counter in airport facilities to web and mobile applications, not to mention travel agents, online travel sites… Airline sales happen in every country in which the company operates, which means taking into account country specific payment methods and local practices. While Dutch and German customers prefer wire transfers, Brazilian or Japanese largely use offline payments and French or British customers rely almost exclusively on credit cards. This obviously has a significant impact on payment management. Not only does each company need to deal with a highly fragmented sales environment, but they need to take into account a variety of local and global payment methods, each having its drawbacks in terms of fraud exposure or transaction costs. These issues have long been masked by the IATA Billing & Settlement Plan, acting as a B2B marketplace between airline companies and sales partners. Prior the development of online commerce, travel agencies were almost the only ones dealing with cards based payments. But as a growing number of just emerging low-cost airline companies chose not to join IATA’s BSP, a new approach was required.

While the easiest alternative to BSP seemed to use corporate credit cards as a payment method between airline companies and their sales partners, it is far from being the most cost effective. High transaction costs of specific card programs or of corporate cards can take up to 50% of the average profit margin on an airline ticket. If a company can deal with this additional burden when it comes with high sales volumes, nothing justifies such a level of transaction costs, not even the obvious global interoperability advantage associated with credit cards payments. In Europe at least, there are new alternatives, such as credit transfers or direct debiting that would allow a more cost effective yet interoperable approach. But to use such low cost payment methods for B2B transactions, both airline companies and their sales partners would need to meet on B2B travel specific marketplaces that are yet to be created. Such a platform would not only reduce transaction costs of B2B transactions between an airline and its sales channel, it would also be beneficial to other key players of the travel industry, including hotels or car rental, that currently can’t access to such marketplaces. Reducing B2B transaction costs would also turn a currently unsatisfactory status quo into a win-win situation for both suppliers and distribution partners, making possible to increase sales incentives and budgets available to expand to new markets.

From a business perspective, there is a growing evidence that corporate card based B2B transaction model is already outdated. While it certainly meets the operational demand of a global and interoperable B2B transaction system, the associated cost is a burden on the airline’s shoulders. As the low-cost service model is expanding, now embracing more and more incumbent airlines, a new approach is needed, leveraging most cost-effective payment methods such as credit transfers or direct debits through dedicated marketplaces. The goal of such a platform is not to duplicate existing IATA’s BSP. It is rather to create a new win-win ecosystem bridging suppliers and buyers. Such an ecosystem can only result from a joint thinking of all parties. Many questions are yet to be addressed, from the ROI to common business processes design, payment security issues, authoritative bodies, … The only thing we can say for sure at this stage is that both infrastructure technologies and cost-effective payment methods are out there, waiting for the travel industry to leverage them.

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Source: EIN Presswire