ABOUT JET TIME
Jet Time is a Danish-owned airline from 2006. The company operates busi- ness-to-business airline, delivering flight transport solutions for charter and freight companies and others with need for cargo capacity and group transport solutions.
Behind the company stands a group of Danish businessmen with solid experience from the travel and airline industry. The founders felt that the development on the Danish flight market had opened a window of opportunity for starting a speciali- zed operation which would create an alternative the discount tendencies that for a decade had dominated the airline industry. There was in the Scandinavian com- mercial airline industry an obvious need for an operator that concentrated on the charter segment and offered the service which the low-cost airlines had cut back on. It is thus a core area of Jet Time’s business to provide a service that makes a little difference and creates a good travel experience.
Since Jet Time’s start-up, the business has been expanded to include Cargo and ACMI production, which are both business areas that make up an increasing pro- portion of Jet Time’s production.
In 2014, Jet Time founded the Finnish subsidiary, Jet Time OY, which operates on Finnish AOC. The subsidiary company is placed in Helsinki, where two Boeing 737s are based.
Jet Time has since the start-up grown from being a small company with two air- craft and a handful of employees to become the largest Danish-owned airline and one of Denmark’s largest companies with an annual turnover of more than 1,7 billion DKK and almost 700 employees. The fleet has equally grown to more than 30 aircraft of the type Boeing 737 and ATR72. BUSINESS AREAS
Jet Time has three business areas as basis for the company’s production.
IT CHARTER
Charter production for travel companies.
The flights are typically booked 12 months in advance in a series of 10-26 weeks. Several series are usualy booked at a time. Jet Time has 14-16 custo- mers in this business area.
In block hours IT Charter makes up approximately 50 % of Jet Time’s business.
ACMI
Flights for other airlines and private charter of aircraft
Jet Time delivers aircraft and crew (Aircraft, Crew, Maintenance, Insurance), and the client takes care of the rest. ACMI takes up an increasing proportion of Jet Ti- me’s business, for example through strategic cooperation with other airlines who wish to outsource parts of their production or who have an acute need for aircraft capacity.
Covers also chartered flights for other types of customers, for example football clubs, private companies or the Defence Command.
In block hours ACMI makes up approximately 40 % of Jet Time’s busi- ness.
CARGO
Transportation of goods.
Transportation of all types of cargo (up to 17 tons). Transported in Jet Time’s Bo- eing 737-300 QC and Boeing 737-400 SF full-freighters. Jet Time’s business area for Cargo has increased steadily since the start-up in 2012, and counts today a fleet of five full-freighters that are in full-time production.
In block hours Cargo makes up approximately 10 % of Jet Time’s busi- ness. JET TIME’S FLEET
Boeing 737-300
Passenger seats: 148 Max. range: 4,000 km Speed (take-off): 220-320 km/h Speed (landing): 200-250 km/h Wing span: 29 meters March speed: 780 km/h Max. fuel: 20,185 liters Crew: Two pilots, three cabin crew members
In Jet Time’s fleet: 5
Boeing 737-300QC
Max. range: 4,000 km Speed (take-off): 220-320 km/h Speed (landing): 200-250 km/h Max. cargo: 16,500 kgs March speed: 820 km/h
In Jet Time’s fleet: 1
Boeing 737-700
Passenger seats: 148 Max. range: 6,000 km Speed (take-off): 220-320 km/h Speed (landing): 200-250 km/h Wing span: 36 meters March speed: 823 km/h Max. fuel: 26,000 liters Crew: Two pilots, three cabin crew members
In Jet Time’s fleet: 5
Boeing 737-400SF
Max. range: 5,000 km Speed (take-off): 220-320 km/h Speed (landing): 200-250 km/h Max. cargo: 20,500 kgs March speed: 850 km/h Max. fuel: 20,100 liters
In Jet Time’s fleet: 4 JET TIME’S FLEET
Boeing 737-300 Cargo
Max. range: 4,000 km Speed (take-off): 220-320 km/h Speed (landing): 200-250 km/h Max. cargo: 17,000 kgs March speed: 780 km/h Max. fuel: 20,000 liters
In Jet Time’s fleet: 1
ATR 72-500
Passenger seats: 66 Max. range: 1,500 km Length: 27 meters Wing span: 27 meters Max. cargo: 7.300 kgs March speed: 510 km/h Max. fuel: 6.400 liters Crew: Two pilots, two cabin crew members
In Jet Time’s fleet: 5
ATR 72-600
Passenger seats: 72 Max. range: 1.500 km Length: 27 meter Wing span: 27 meter Max. cargo: 7.500 kg March speed: 509 km/t Max. fuel: 5000 liter Crew: Two pilots, two cabin crew members
In Jet Time’s fleet: 8 JET TIME IN NUMBERS
Key figures for the company (2014/15):
Annual block hours in total: 64.211
Number of employees in total: 622
ATR72 aircraft in the fleet: 13
737 aircraft in the fleet: 17
Annual turnover: 1.7 mia.
CONTACT
Addresses in Jet Time:
Jet Time A/S, Headquarter:
Skøjtevej 27 2770 Kastrup DK- Danmark
Phone: +45 32 46 73 00 Mail: [email protected]
Jet Time OY:
Rahtitie 3 FI-01530 Vantaa Finland