Charter & Fractional
Charter Broker Magellan Concludes a Decade of Growth
Last year the was best of the past 10 for revenue, profit growth, and membership renewal at Magellan Jets.

Boston-based charter broker Magellan Jets wrapped up a decade of an average year-over-year growth rate of 30 percent and expects to be approaching $60 million in revenue in 2020, the on-demand charter and membership company announced this week. “2018 was the most challenging year in our 11-plus years in the business, and but we are a better organization because of it,” said Magellan CEO and founder Joshua Hebert. “We needed to use 2018 and early 2019 to position the company for growth and sustainability, and that resulted in 2019 being our best year of the 2010s in terms of revenue, net profit, membership services renewal rates, and client retention.”