Avinode and CharterX Join Forces
Gothenburg, March 12, 2010
Avinode AB and CharterX Corp. today jointly announced that the companies have signed a definitive agreement to merge their operations. Under the terms of the agreement, Avinode will purchase all outstanding shares of CharterX. As a result of the merger, Avinode and CharterX will offer the most comprehensive source of information for private aviation professionals worldwide.
“Avinode and CharterX have long shared a common vision for air charter,” said Niklas Berg, Chief Executive Officer of Avinode Inc., and continued. “Together, we will move closer to that vision by offering one global platform for finding and marketing aircraft, making the charter industry much more efficient.”
The Avinode and CharterX teams will use their combined resources and experience to refine and expand their portfolio of information services and online technologies, including the merger of their charter marketplace systems.
“Rather than maintaining separate information and technology platforms within the industry, the combined entity will better serve our customers and provide additional resources for greater innovation,” said Jim Betlyon, Chief Executive Officer of CharterX, and continued. “Together, we will deliver the most accurate and timely business and aviation safety intelligence worldwide.”
With this acquisition, CharterX becomes a wholly-owned subsidiary of Avinode. Work on merging the two platforms will start immediately to ensure a smooth transition and increased value for members and partners. The companies’ offerings will continue to be marketed under the brands Avinode and CharterX. Wyvern will continue as an independent operation. Closing is expected in several weeks.
Avinode serves the global air charter industry as the leading B2B platform to buy and sell charter flights. Over 4000 aviation professionals use Avinode daily to charter flights worldwide. The marketplace currently lists over 3000 aircraft with online quoting, availability reports, empty leg postings and picture galleries. Avinode AB is headquartered in Gothenburg, Sweden and its wholly-owned subsidiary, Avinode Inc., is located in Miami, Florida, USA. For more information, visit www.avinode.com.
CharterX provides technology, online marketing, distribution and data services for the air charter industry. Corporate flight departments, travel departments, fractional programs, charter and sophisticated business travelers use Wyvern, wholly-owned subsidiary of CharterX, as their primary source of aviation safety information. Wyvern also works with business aviation providers to develop safety programs that comply with or exceed minimum Federal Aviation Administration standards. CharterX has its headquarters in Trenton, NJ, USA. For more information, visit www.charterx.com.
Avinode 2.0 - The Next Generation Marketplace
January 2010
At NBAA Schedulers & Dispatchers Conference 2010, Avinode, the world’s largest marketplace for buying and selling charter flights, will announce the launch of their new search engine - the technology behind Avinode 2.0, the next generation marketplace. With real-time creative route construction, allowing for multiple home base management, region searches, and more, air charter professionals will have access to a revolutionary way to source charter.
Turn your website into a sales channel with Avinode plug-in
November 13, 2009
The latest development to the Avinode platform is the Avinode Link, a supplementary booking solution granting operators’ and brokers’ end clients immediate access to real-time pricing and availability information on any charter trip within an easy-to-use interface made available on Avinode members’ websites.
Avinode launches Charter Indexes
Oct 28, 2009 | Air Charter Journal
In conjunction with the introduction of Business Intelligence, Avinode has launched Charter Indexes: measuring demand, availability and pricing within the U.S. domestic and international charter markets. As the authority on charter demand and pricing, the Avinode Charter Indexes provide the industry at large with pertinent information and trend indicators that allow followers to track where the market has been, presently is and where it is heading in terms of supply, demand and overall activity.
Avinode: charter market remains soft
By: Charles Alcock | October 21, 2009 | Aviation International News
Despite some modest improvement last month, demand in the North American executive charter market is still relatively soft, according to the latest data from Web-based portal Avinode. On behalf of NBAA Convention News, the company tracked charter rates for three types of aircraft over the past 18 months, and the results show that, in all three cases, average flight hour rates have fallen since March 2008 and even more so since September 2008, just ahead of the last NBAA Convention.
The Hawker 4000 has landed in Avinode
By Alan Peaford | October 21, 2009 | Flight Evening News
Dubai-based Empire Aviation Group has become the first aircraft operator in the Gulf Co-operation Council to take delivery of the Hawker 4000, and the first to market this aircraft model in Avinode.
Avinode Expansion continues in Asia
By Alan Peaford | September 9, 2009 | Flight Evening News
Avinode's global network is continuing to grow in Asia Pacific with the addition of Thai operator M Jets, marketing its Bangkok-based Citation X, and ExecuJet Australia, marketing its fleet of mid- and heavy jets across the Australian continent.
With around 1,000 member companies using Avinode across the globe, brokers and operators can enhance their marketability on a worldwimultiple organizationsde level, exposing them to new business and expanding their client bases.
Charter Demand Outlook Mixed, Avinode Says
By: Charles Alcock | September 8, 2009 | Aviation International News
Recent data from Web-based executive charter portal Avinode shows mixed fortunes for charter operators worldwide, but there is no avoiding the overall picture that market conditions are still difficult even during what are generally the busiest months of the year. Avinode’s demand index on September 1 stood at 61.29–16.5 percent down on the 73.46 figure for August 1 and 29.5 percent down on the 86.96 logged on July 1.
Avinode Newsletter to Debut
By: Benet Wilson | May 14, 2009 | Aviation Week
With more than 3,000 aircraft worldwide and 1,000 charter operator member companies, Avinode (Booth 843) bills itself as the world’s largest business-to-business marketplace for charter flights. Charter professionals can access availability and pricing, along with trend and analysis information. Now the company is enhancing its distribution of information with a weekly newsletter, Business Intelligence, which it announced here at EBACE.
Avinode Data Oils the Charter Machine
By: Ian Goold | May 12, 2009 | Aviation International News
Over the past decade, the online charter booking portal developed by Avinode has become a major marketplace for executive charter operators and their customers. Avinode.com is now used by 900 companies with access to 2,600 aircraft, and lays a fair claim to having helped the very significant increase in charter sales and aircraft use in recent years.
Avinode’s virtual world on display at MEBA
By: Stephen Pope | November 2008 | MEBA Convention News, AIN
Billing itself as the world’s biggest online air charter marketplace, Avinode has come to MEBA 2008 with one of the show’s most expansive exhibits (Stand No. 200) and an optimistic outlook that runs counter to the global economic slowdown now affecting many charter operators.
Avinode tailors memberships to meet operators varied needs
NBAA Convention News, AIN | October 2008
Avinode (Booth No. 3117), the business- to-business platform for online buying and selling of charter flights, was conceived barely a decade ago by three students as part of a joint thesis paper for the Chalmers University of Technology in Gothenberg, Sweden. As a business venture, it was modified and launched in 2001 with European charter operators as its primary market. Today it is a global concern and “home” to more than 950 companies with a total inventory of some 2,700 charter airplanes.
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