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Wednesday
Oct042017

Pentastar Aviation and Partners in Aviation Team Up To Offer an Expertly Managed and Innovative Co-Ownership Solution for Business Aircraft Owners

Pentastar Aviation and Partners in Aviation (PIA) are pleased to announce they have teamed up to provide customers a comprehensive management program with a cost-effective solution to owning and operating a business aircraft.

The program, managed by Pentastar Aviation regionally, will utilize PIA to match two prospective owners with low to medium usage requirements, based in a common geographical area, for joint ownership, and cost sharing of a new or late-model aircraft. The program will allow customers to have accessibility to a whole aircraft while cutting the net cost of ownership in half, ease the burden of scheduling and maintenance, provide for autonomy in tax and title, and ensure a seamless exit plan.

Partners in Aviation is a sensible option for aircraft owners who fly less than 200 hours per year. It allows for the purchase of an airplane to travel on their schedule at half the cost,” said Greg Schmidt, President & CEO of Pentastar Aviation. “This partnership also creates an opportunity for us to continue providing our customers with more solutions to their business travel needs.”

“Our new partnership with Pentastar Aviation is a tremendous step for our company as we continue to grow,” said Mark Molloy, Partners in Aviation Co-Founder and President. “Pentastar’s reputation for customer service excellence is second to none, and we’re excited to be able to work with them to help market this program. Together, we will be able to provide high-quality, innovative services and solutions for the needs of any business traveler.”

Partners in Aviation was formed in 2016 by Mark Molloy and Tom Bertels, veterans in business aviation sales and marketing. The duo wanted to create a way for business aircraft operators to afford newer and upgraded aircraft, even if they were only flying 200 hours or less.

Pentastar Aviation will be exhibiting at NBAA Oct 10-12 at booth N3710.

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