AirSprint | One Of Canada's Best Managed Companies

AirSprint | One Of Canada’s Best Managed Companies For Fourth Consecutive Year

Posted on Tuesday, 9 May 2023

PRESS RELEASE: TORONTO, ONTARIO - MAY 9, 2023

AirSprint Inc., the Canadian authority in Fractional Jet Ownership, was recognized for its industry-leading performance, Northern American business practices, and sustained growth by receiving the prestigious 2023 Canada’s Best Managed Companies award. Celebrating its 30th anniversary, Canada’s Best Managed Companies program awards excellence in private Canadian-owned companies. To attain the designation, companies are evaluated on their leadership in the areas of strategy, culture, commitment, capabilities, innovation, governance, and financial performance.

“To be recognized as one of Canada’s Best Managed Companies for the 4th consecutive year is an honour,” said James Elian, President & CEO of AirSprint. “Our incredible team continuously strives for excellence to ensure that our Fractional Owners are provided with world-class service. The resulting exceptional growth which we have experienced, as well as this recognition, is a testament to our team’s commitment and success.”

Canada’s Best Managed Companies is one of the country’s leading business awards programs recognizing innovative and world-class businesses. Every year, hundreds of entrepreneurial companies compete for this designation in a rigorous and independent evaluation process. Applicants are evaluated by an independent panel of judges with representation from program sponsors and special guests.

AirSprint is proud to be recognized for its success in striving towards their sustainability goals. With over 91% of all flights being carbon neutral, AirSprint will continue to work with their sustainability partners to achieve 100% by 2025. In 2022, AirSprint, according to Argus TraqPak data, also experienced 43% growth in flight hours over the previous year, which is a direct reflection of our outstanding staff, who deliver exceptional customer service to our Fractional Owners. Furthermore, the jet collection expanded to 30 jets, providing its Fractional Owners with direct access to more destinations, more experiences, and more opportunities for the future.

The 2023 cohort of Best Managed companies share common themes such as having a people centric culture, targeting effective ESG strategies, and accelerating operational digitization.

“In its 30th year, the Best Managed program recognizes companies who combine strategic expertise and a culture of innovation with a steadfast commitment to their communities,” said Derrick Dempster, Deloitte partner and co-leader for Canada’s Best Managed Companies program. “This year’s winners, including AirSprint, have demonstrated an increased focus on environmental, social, and governance themes as means to drive impactful and sustainable business outcomes. Their unwavering dedication to their core purpose, and to enhancing client relationships, cultivating a healthy culture with their employees, and serving their communities, set the standard of excellence for Canada’s business ecosystem.”

AirSprint, won its initial Best Managed award in 2020 and has successfully retained its status, becoming a Gold Standard winner in 2023.

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

About Canada’s Best Managed Companies

Canada’s Best Managed Companies continues to be the mark of excellence for private Canadian owned and managed 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, Salesforce, and TMX Group. For more information, visit www.bestmanagedcompanies.ca.

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