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PhilJets looks to continue expansion in 2018

29th January 2018 - 10:01 GMT | by The Shephard News Team

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Philippine-based aviation charter company PhilJets aims to continue growing its fleet to expand its business aviation customer base in local and international markets in 2018.

The company's fleet grew from six aircraft in 2016 to 11 aircraft by end 2017, with its asset value increasing to more than $77 million.

PhilJets has also been working on upgrading its license capability from Civil Aviation Authority to evolve from non-scheduled domestic to non-scheduled international.

The latest additions to its fleet include two helicopters (one Bell 407 GX and one Airbus H145) and three fixed wing aircraft (one Bombardier Challenger 350 and two Cessna Citation XLS+). The company is looking to add four to five aircraft into the fleet within 2018.

Choy Elciario, in charge of the charter activities of PhilJets, said: ‘We need both lighter single engine and lighter twin-engine helicopter in our fleet, as well as a good twin-engine turboprop fixed wing. These are our main objectives for 2018.’

PhilJets is preparing to launch new projects and will venture into new partnerships in 2018. The company is also looking into expanding in the education, logistics and tourism sectors, with the aim of opening bases in the provinces.

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