A business-jet start-up is going after travellers that big airlines left behind

The founder of small, start-up carrier OneJet is banking that a decade of megamergers among US airlines has left it with perfect conditions to compete. The airline started flying 3 years ago, going after business travellers for companies like FedEx in midsize cities that large carriers pulled back from following the wave of consolidation. Now it's trying to grow, taking a page from the playbook of some of the bigger airlines in purchasing another carrier. OneJet said Tuesday it is buying Ultimate Jet Charters, a corporate shuttle service. OneJet operates about 180 flights a week. It flies 7-seat jets and is transitioning to larger 30-seat used Embraer E135 aircraft, said CE Matthew Maguire. He said this will help the operation grow to some 400 weekly flights by the end of the year. <br/>
CNBC
https://www.cnbc.com/2018/05/01/startup-airline-one-jet-announces-its-first-acquisition.html?__source=yahoo%7Cfinance%7Cheadline%7Cstory%7C&par=yahoo&yptr=yahoo
5/1/18