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CitationAir · Greenwich, CT United States

Company Description

5 American Ln.
Greenwich, CT
06831
United States (Map)
Phone: 203-542-3000
Fax: 203-861-2707
Toll Free: 800-340-7767
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    There's more than one way to join the jet set. CitationAir (formerly CitationShares) offers fractional ownership of Cessna Citation airplanes, giving customers access to private jets on several hours' notice without the expense of maintaining their own aircraft. Consumers and businesses in North America, Mexico, the Caribbean, Bahamas, and Bermuda can buy as little as a 1/16th share of a jet, or 50 flight hours per year. CitationAir is a unit of airplane manufacturer Cessna, and its fleet includes four different Cessna models capable of carrying between six and nine passengers. Founded as CitationShares in 2000, it was rebranded as CitationAir in 2009. To read the full description, subscribe now.
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    Key CitationAir Financials

    Company TypeSubsidiary

    Single Location
    Fiscal Year-EndDecember
    Employees360

    CitationAir Executives

    14 executives listed for CitationAir's Greenwich, CT location.
    TitleName & BioContact
    CEOSteven O'NeillNetwork
    COOWilliam SchultzNetwork
    CFOJ. Matthew SingletonNetwork

    Competition

    Competitive Landscape for CitationAir
    Demand is driven by business and tourist travel, which depends on the economy. The profitability of individual companies depends on marketing. Large companies have an advantage in being able to provide a wider range of services, especially to corporate customers, and to afford sophisticated websites. Small companies can compete effectively by providing service to a few large customers or by serving a local market. Despite automation, the industry remains labor-intensive; average annual revenue per employee at traditional travel agencies is just $75,000. Two major factors have shaped the industry in recent years: sophisticated pricing schemes developed by the airlines to maximize profitability, and the emergence of the Internet as a widely available information and booking tool. To read the full description, subscribe now.
    Top CitationAir Competitors
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