June 2 - The Baltic Air Charter Association (BACA) has endorsed the Argus certified charter broker programme.
During the European Business Aviation Convention & Exhibition (EBACE), a new version of the charter broker audit standard was released. Argus now has two European-based auditors available to conduct audits for European charter brokers, says BACA.
Although some of the fastest-growing companies in the air charter industry are brokers, said BACA, the air charter brokerage business is largely unregulated, leaving room for unfair competition and improprieties that can financially or otherwise harm aircraft operators and their end consumers.
Argus has developed its certified air charter broker programme to allow professional air charter brokers a recognised and respected venue to inform aircraft operators and charter consumers of the great lengths they have gone to in developing their business.
The Argus certified charter broker programme contains two levels of recognition, Argus Registered and Argus Certified. A registered charter broker provides Argus with documented proof of specific requirements, and annually pledges their commitment to adhering to industry best practices and applicable regulations; while a certified charter broker will submit the same documentation and annual pledge, and will additionally undergo an on-site audit, once every two years, to prove their compliance with industry best practices and applicable regulations.
Any wilful misrepresentation or proven violation of industry best practices or legal requirements can cause a company the loss of their Argus Registered or Certified status.