Private Jet Exec Stays Grounded
Despite Fast Pace of SuccessJets International CEO McKelvey
Changing Charter TravelNate McKelvey is flying, literally and figuratively. The CEO of Jets International is running one of the fastest growing companies in the country. In addition, Nate and his wife, Susie, are raising a fast-growing fleet of kids, ages 2 and 5. Suffice to say, McKelvey isn’t finding much downtime these days. He is by no means complaining. “That’s why I’m in business,” he says. “I’m selling time.”
By automating the previously inefficient process of booking private jets, Jets International saves time and provides peace of mind for a lot of other busy executives. The company’s unique online auction model allows customers to shop for available charter flights based on price, safety, and service levels.
Based on the company’s recent track record, there are no signs of McKelvey or Jets International slowing down. The Quincy, MA-based company was recently included in Deloitte’s 2006 Fast 500 list of the fastest growing technology firms, based on its staggering 1,001% growth from 2001 through 2005.
The company’s client list continues to expand among corporate executives, Hollywood celebrities, government officials, and others. McKelvey predicts the departure schedule will expand at the same rate in the coming years. “We continue to see a mass exodus away from the corporate ownership and shared ownership models. And because people are flying at such a high rate, there is so much demand out there that we still have a ways to go,” McKelvey says.
The company’s auction model does make it easier for customers to find the most competitive rates for private jet service, but McKelvey clarifies that the main criteria “is not about price” for the majority of his clients. “As we continue to grow, our number of trips gives us greater leverage with our partners so that we can continue to provide better service, quality, and safety for our clients.”
In order to continue to better serve its client base, Jets International is planning to use technology to provide other related travel services.
“The next level for us is encompassing services like catering and ground transportation right into the system,” McKelvey said, pointing out the difficulty in finding consistently high quality service, as service resources vary greatly from one suburban airport to another.
Check Points
The needs of high profile clients often demands that McKelvey and his staff make themselves available 24/7, as McKelvey was reminded on a recent Saturday afternoon. But, once again, McKelvey isn’t cursing his success or regretting a moment of the ride.
“We are dealing with such an incredibly talented pool of people on a daily basis – some of the best minds on Wall Street, top CEOs – I feel very fortunate. Many of them have become friends and have offered great insights for our business.”
Like many other successful executives who have struggled before finding their mark, McKelvey remembers well his more modest beginnings. “I sold insurance in the mid 1990’s and it was difficult to get anyone to want to talk about health insurance, but now we have access to high level people and they want to learn more about what we are offering.”
While his company is managing to save time for his clients, McKelvey admits he has to work at maintaining the balance between work and family life. He credits his work on the Board of the local chapter of the Entrepreneurs’ Organization (EO), a community of business owners, as a great foundation for connecting with other folks that have dealt with the same issue.
“That has been a great way to share business as well as personal experiences with people that are in similar situations to mine,” McKelvey says. “And my wife has attended some of their events with me and met other spouses that she has a lot in common with, which is also great.”
Of course, there are also a few spoils of corporate success that spill over into family life, which score points for dad on the home front. Playing off of a marketing partnership his company has secured with the New England Patriots, McKelvey was recently able to help coordinate a local soccer clinic with players from Major League Soccer’s New England Revolution team. For someone in the business of selling time, McKelvey knows he has to play all of the angles with his kids as well as clients.