Senior Editor

Jerry Siebenmark

Ventura Air Services in Farmingdale, New York, has added two&nbsp;Bombardier Challenger 604s and a Cessna Citation XLS&nbsp;to its aircraft management program, the company announced this week. The additions expand&nbsp;Ventura’s floating fleet to 11 charter aircraft.
Through Ventura’s owner lease management program, the company absorbs all the fixed costs of aircraft management, such as standard maintenance, storage, insurance, fuel, pilots and crew, and charter bookings. There are also financial benefits for owners, it added.
“Adding three jets to the fleet through our owner lease management program proves that our approach works and that it is appealing to those who need to secure greater value from their aircraft investment,” said Ventura CEO Nick Tarascio. “We efficiently and effectively use aircraft for owners while they retain the benefits and receive financial compensation.”
With the addition of aircraft, the company will be hiring more than 20 employees, including pilots, crew, office staff, and maintenance technicians.

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

Ventura Air Expands Managed Charter Fleet

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