PRESS RELEASE: TORONTO, ONTARIO – MAY 14, 2024
AirSprint Inc., the Canadian authority in Fractional Jet Ownership, continues to be celebrated for its industry-leading performance, global business practices and sustained growth. The private jet operator is honoured to receive the 2024 Canada's Best Managed Companies award, reaffirming its commitment to excellence in every aspect of its operations. For over 30 years, Canada's Best Managed Companies program has awarded distinction to private Canadian-owned companies with revenues of $50 million or greater. Companies are evaluated on their leadership in strategy, culture and commitment, capabilities, innovation, governance and financial performance.
"We're thrilled to be named one of Canada's Best Managed Companies," said James Elian, President & CEO of AirSprint. "Today marks a significant milestone as we achieve Gold Standard status yet again, building upon our initial Best Managed Award in 2020. Maintaining this recognition for five consecutive years speaks volumes about every team member's hard work and commitment to our company and the satisfaction of our Fractional Owners."
In 2023, AirSprint saw substantial growth across its departments. With over 350 employees nationwide, the company added a new hangar facility, offering an additional 16,000 square feet for maintenance. It also unveiled a state-of-the-art operations centre spanning 6,000 square feet, serving as the nerve centre for the Integrated Operations Control Centre and Owner Services teams. In the past year alone, these teams enabled Fractional Owners to reach over 550 destinations, covering nearly 27,250,000 km across more than 5,300 unique direct flight routes. This growth and expansion signify AirSprint's commitment to providing its valued Owners with the best service and experiences.
"Everyone has played a key role in the tremendous growth we've seen as an organization," said Scott Wenz, Vice President of Sales and Marketing & CGO of AirSprint. "None of our achievements would have been feasible without the leadership, skills and knowledge that every employee contributes. We capped off an exceptional year by welcoming our 500th Fractional Owner and adding our 36th jet, strengthening our position as Canada's largest fleet of fractional aircraft."
The 2024 cohort of Best Managed companies share common themes such as having a people-centric culture, targeting effective ESG strategies, and accelerating operational digitization. "Over the past year, companies such as AirSprint have continually adapted and successfully responded to challenges, seized new opportunities and leveraged industry-leading competencies to maximize their investments and drive sustainable growth," said Lorrie King, Partner, Deloitte Private, Global Best Managed Leader and Co-Leader, Canada's Best Managed Companies program. "By demonstrating an increased focus on environmental, social and governance themes, these winners have set the standard of excellence for Canada's business ecosystem."
About AirSprint
AirSprint Private Aviation is a privately-held company with offices in Toronto, Montréal and Calgary. AirSprint maintains the largest fractional fleet of private aircraft in Canada, a jet collection of Embraer Praetor 500, Embraer Legacy 450/500, Cessna Citation CJ3+ and Cessna Citation CJ2+ aircraft. AirSprint proudly flies Canadians from coast-to-coast, including service from Vancouver, Calgary, Edmonton, Winnipeg, Toronto, Ottawa, Montréal and the Maritimes. AirSprint provides discerning Canadians with a better choice for optimizing their time by enhancing the private jet ownership experience with industry-leading safety standards, exceptional turn-key service, and increased flexibility; everything personalized for the Owners' individual travel needs. All at a fraction of the cost. AirSprint.com
Canada's Best Managed Companies
Canada’s Best Managed Companies program continues to be the mark of excellence for privately-owned Canadian companies. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on four levels: 1) Canada’s Best Managed Companies new winner, one of the new winners selected each year; 2) Canada’s Best Managed Companies winner, award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review; 3) Gold Standard winner, after three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for 4-6 consecutive years; 4) Platinum Club member, winners that have maintained their Best Managed status for seven years or more. Program sponsors are Deloitte Private, CIBC, The Globe and Mail, and TMX Group. bestmanagedcompanies.ca
Media Contact
Scott Wenz
VP, Sales and Marketing & CGO
AirSprint Inc.
Ph. 403.669.7530
news@AirSprint.com