Chad is the editor of AINalerts, AIN's daily business aviation newsletter, and is also the news editor at AIN Media Group.&nbsp;He has been writing about aviation, with an emphasis on business aviation, since 1994. Chad started his writing career at The Avion,&nbsp;the&nbsp;student newspaper at Embry-Riddle Aeronautical University in Daytona Beach, Florida, serving as editor-in-chief before graduating with a bachelor's in aeronautical science. After a stint as managing editor at Professional Pilot&nbsp;magazine, he joined&nbsp;AIN in late 1998. Chad holds a commercial pilot certificated with instrument and multi-engine ratings, and he also is a CFI/CFII. He lives and works from his home in Venice, Florida.

Online Editor

Chad Trautvetter

Private jet booking firm Victor acquired Santa Barbara, Calif.-based private jet charter services provider YoungJets, the companies announced today. YoungJets founder and CEO David Young was also named Victor’s senior vice president for the U.S. market, leading the YoungJets team through the company integration and market expansion.

 


In addition, Victor secured $5 million in funding from investor customers, augmenting an <a href="http://www.ainonline.com/aviation-news/business-aviation/2015-03-30/online-charter-broker-victor-expands-us">$8 million mezzanine funding round</a> announced in late March that enabled the London-based company to expand into the U.S. According to Victor, “These funds will be used for customer acquisition and scaling of the technology to meet growing demand. As the company continues to expand globally, it will be pursuing institutional funding later this year.”

 


Young will focus on building Victor’s North American footprint, overseeing business development and operations. Meanwhile, Levent Edepli—formerly of Sentient Jet, Jet Edge and more recently Jet Linx—also joined Victor to oversee logistics and operations for North America. As Victor’s vice president of operations and customer service for North America, he will focus on developing and managing supplier relationships and operations.

 


"Victor is focused on expanding its global business in a manner that maximizes operations efficiency and customer service expertise at market entry; and the addition of our funding, the YoungJets team and Levent does just that," said Victor CEO Clive Jackson. "David Young has an incredible reputation in the entertainment industry and brings a specialized team that expertly handles complex travel for high-profile jet charter clients. Bringing both David and Levent into the executive ranks further rounds out our management team with world-class talent in the aviation market.”

News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.

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News and issues concerning general aviation, specifically airplanes and helicopters powered by piston and alternative engines (i.e., non-turbine powered aircraft). Subjects include aircraft, engines, personnel, acquisitions, accidents, safety, security and training.

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Issues regarding financing of aircraft; aviation insurance; tax issues for aircraft operators; new companies and people in the aviation financing and insurance industries.

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