D&B upgrades New Flight Charters' credit ratings

New Flight Charters has reported that US business credit rating firm Dun & Bradstreet (D&B) has issued upgrades to components of its credit rating, the charter company said.

Averaging 13.6% annual growth since 2004, New Flight Charters´ 2016 demand and number of flights grew 8.4% overall, creating more business with certificated operators, air carriers and vendors than ever before. New Flight Charters is on payment terms with 114 leading aircraft management and operator companies.

New Flight Charters´ current D&B composite credit rating is the highest possible 1R2, defined as “Good.” Several components of the rating were recently upgraded, including PAYDEX score, Delinquency Predictor, Supplier Evaluation Risk Rating, and Viability Rating.

New Flight Charters arranges private domestic and international flights with top-rated operator aircraft. The jet charter company handles 1,400 flights annually nationwide and serves a wide variety of clientele including Fortune 500 companies, government heads of state, presidential campaigns, entertainment icons, private families and entrepreneurs.