CharterAuction.com to Relaunch in Coming Weeks After Being Bought by AeroShares Charter, LLC; To Offer Private Jet Charter Auction

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Formerly owned by Jets.com, CharterAuction.com has been purchased and will be relaunched to provide private jet charter auction in coming weeks.

This url is well-known globally with private jet charter operators, partly due to its association with www.jets.com. It still draws a remarkable amount of website traffic. We are currently overhauling the site to maximize its efficiency and utility.

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New Hampshire company AeroShares Charter, LLC has announced the acquisition of website CharterAuction.com and plans to relaunch the pioneering online resource for private jet charter in coming weeks.

CharterAuction.com, formerly owned by http://www.jets.com, will let travelers post their travel needs online and then receive competitive bids on jet charter from domestic and international private jet operators. This competitive bid process makes air charter more affordable, accessible, and convenient to a range of travelers. The relaunched CharterAuction.com will enable users to capitalize on an existing worldwide network of thousands of private jet operators, as it did under http://www.jets.com.

CharterAuction.com's business model will optimize return flights or "empty legs" as they are known in the jet charter industry. This strategy will provide competitive pricing for travelers, while also empowering jet operators to receive income, maximize utilization of private jet aircraft, and reduce wasteful green house gas emissions.

"This is one of the premier Web addresses available in our industry," said CharterAuction.com principal Don Bishop. "This url is well-known globally with private jet charter operators, partly due to its association with http://www.jets.com. It still draws a remarkable amount of website traffic. We are currently overhauling the site to maximize its efficiency and utility."

CharterAuction.com has also hired seasoned Aviation Attorney John Kalled to oversee day-to-day bid transactions for the online travel technology platform.

Bishop, an aviation management veteran, purchased the CharterAuction.com domain through his company AeroShares Charter, LLC, based in Portsmouth, New Hampshire. Kalled also serves as in-house counsel for AeroShares Charter, LLC.

CharterAuction.com's former parent company Jets.com, ceased operations in 2008. The website http://www.charterauction.com was groundbreaking when it launched in 1999 as an online technology portal for competitive private jet charter.

CharterAuction.com has had an impressive track record of achievement to date, including:
Cited in the top 15% in several categories by Inc. 500.
Honored as a 'rising star' for North American companies in Deloitte's Fast 500.
Named a Dell Computer top ten finalist in the Small Business Excellence in Customer Service Awards.
Formalizing a co-marketing agreement with the New England Patriots.

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Brian DeKoning
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