Nicholas spots an opportunity with ‘incredibly reliable’ Embraer | Original Article Featured At Business Air News
Nicholas Air has bucked the trend over the past 12 months; its hours went up 45 per cent, and revenue was up 62.2 per cent from 2019 to 2020. It is planning to place a bulk order for more aircraft sometime soon.
Nicholas Air, which is headquartered in Oxford, Mississippi, and offers a range of fractional and jet card options as well as leasing and management, took on a number of aircraft last year despite the pandemic. It says that business is thriving. The company is responsible for several aircraft types, including the Phenom 100, CJ3, Citation Latitude, and Challenger 300. It has a penchant for Embraer: “We were one of the few operators to purchase aircraft direct from the OEM last year by picking up multiple aircraft from Embraer directly at a time when most people were turning aircraft back, or turning orders back,” comments founder and CEO NJ Correnti.
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