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Repo Man

By Allison Medoff

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With a financial crisis on our hands, Repo Man is here to save the day.

Once a sky filled with soaring private jets is now a ground scattered with unused and unpaid airplanes. Enter, Nick Popovich, Repo Man. His firm has the job of sweeping up aircrafts that individuals and companies can no longer afford. Apparently this is the market to be in, with clients such as Citigroup, Transamerica and Credit Suisse Group.

Mostly corporate clientele, with private-jet owners having the financial cushion to sell their aircraft at a bargain price if need be. Popovich did recently go on a hunt for a private jet owned by two accused Ponzi scheme operators. “Those guys are a real piece of work. We’ve had to fly halfway around the world just to find a plane we were told would be in Dallas,” says Mr. Popovich. No job too big or small for this man.

More jet repos are likely to be popping up throughout the world with many companies and individuals alike having financed their planes with debt. Until the financial crisis comes to end, Mr. Popovich will continue to fly over the world as Repo Man.

Via WSJ

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Why Haute Jets?

Haute Jets was established to meet the growing demands for customized private jet travel. Haute Jets flies business leaders and celebrities to destinations from Los Angeles to Cabo San Lucas, the Hamptons to Palm Beach and everywhere in between. With access to more than 5,000 aircraft and airports around the globe, our core focus remains on safety, security and personal service. At Haute Jets, we have created a unique and luxurious experience that is unmatched in our industry. We are available 24 hours a day, 365 days a year; we’re here to accommodate any request at any time.

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With us, there are no membership fees or prepaid cards for sale. Flying with Haute Jets eliminates overhead fees and long-term commitments, ensuring absolute flexibility. At Haute Jets, we believe we have to earn your business each and every time you fly with us. If we don’t, then we will never get your business again. That is why we give our clients direct access to the lowest prices on any private jet request around the globe. The owners at Haute Jets negotiate with carefully selected jet operators to ensure the absolute lowest price. We utilize empty legs and one-way flights to optimize pricing options and have access to many planes that are not normally on the market for charter. Every reservation will meet the strictest safety criteria and must be Wyvern Standard. Best of all, at Haute Jets, we provide only guaranteed quotes, meaning you know exactly what your trip will cost, in advance.

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