UNITED STATES - New Flight Charters, a nationwide leader in private jet charter, reports increases in its credit ratings recently and year over year. U.S. business credit rating firm D&B Dun & Bradstreet has issued upgrades to components of New Flight Charters' credit rating.
Averaging 13.6% annual growth since 2004, New Flight Charters' 2016 demand and number of flights grew 8.4% overall, creating more business with certificated operators, air carriers and vendors than ever. New Flight Charters has payment Terms with 114 leading aircraft management and operator companies.
The company is one of few in the private jet charter industry with a commercial credit rating by D&B Dun & Bradstreet. New Flight Charters has been credit-rated since 2004 when it was approved as a U.S. Government Contractor.
According to D&B, "The D&B Credit Rating is a system that measures a firm's size and composite credit appraisal, based on information in a company's interim or fiscal year balance sheet and an overall evaluation of the firm's creditworthiness."
New Flight Charters' current D&B composite credit rating is the highest possible, "1R2", defined as "Good". Several components of the rating were recently upgraded, including PAYDEX® score, Delinquency Predictor, Supplier Evaluation Risk Rating, and Viability Rating.
Company credit ratings, details and reports are available online from D&B.
New Flight Charters is multi-accredited by D&B- Dun & Bradstreet, BBB-Better Business Bureau, and by Wyvern, LTD.
First in the air charter industry, New Flight Charters has provided a factual Company Credentials Report with financial, credit, audit and background information to industry partners since 2010. The report is updated bi-annually and publicly available on the New Flight Charters website.
