What many believe to be ironclad data measuring the heartbeat of business aviation since 2011 will soon no longer be available – at least not as it has commonly been known.
At the end of the first quarter of this year, JETNET iQ will cease publication. The brains behind it, Rollie Vincent, has a target date of Q2 to launch a new service that aims to fulfill the role of the outgoing, with ideas in motion to grow it even larger, through his independent consultancy, Rolland Vincent Associates (RVA).Vincent told GlobalAir.com on Tuesday afternoon that a standing agreement had long existed between the then-collaborating sides for either to terminate the partnership. Calling it a clean break, he said JETNET will likely focus on other areas in the industry.
“We’re just on different trajectories,” Vincent told GlobalAir.com, describing himself as an aviation geek who loves analytics.
The interview came shortly after RVA announced its impending launch of a “next-generation industry and market analysis service” built on the more than 15 years of launching and refining JETNET iQ. The announcement promised continuity and new features, something Vincent sounded excited to discuss.”We’ve gotten good at product development over the years,” he said.RELATED STORIES: JETNET buys WINGX For first time in company history, JETNET secures investment for growthA GlobalAir.com email sent on Tuesday to a JETNET media contact did not receive an immediate response, and this story will be updated if one is received.
The split with Vincent comes from a company that looks very different than the one that helped launch the initial iQ product in 2009.
Founded in the late 1980s, the company’s announcement in August 2022 of bringing in outside investors was the first in its history. That promptly led to JETNET picking flight-tracking companies WINGX and ADS-B Exchange, along with as Asset Insight, and appointing Derek Swaim as CEO. Previously, he was an executive at the outside investment firm that funded the 2022 deal, Silversmith Capital Partners.
Vincent said he anticipated JETNET investing its resources into “larger, big-picture” projects. Meanwhile, RVA’s new service is currently in advanced stages of development and testing.The consultancy recently surveyed existing iQ customers, stating that customer satisfaction ratings were excellent and that loyalty showed a “clear interest in (subscribers) signing on for what’s next.” “Our customers have spoken, and they aren’t looking for more data,” Vincent stated in the announcement. “They appreciate the statistical rigor we embed in our work, which bolsters confidence in our research. They value our independent counsel when making judgment calls of strategic consequence to their businesses.”
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