Time Air
Time Air s.r.o. is a Prague-based private aviation company founded in 2001 that operates a boutique jet charter and aircraft management service with a two-aircraft fleet (Bombardier Challenger 300 and Nextant 400XT/XTi) for ultra-high-net-worth individuals, executives, and aircraft owners in Central Europe.
- Company typePrivate
- Founded2001
- HeadquartersPraha, Czechia
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Time Air does
Time Air s.r.o. is a Prague-based private aviation company founded in 2001 that operates a boutique private jet charter service and provides aircraft management services to ultra-high-net-worth individuals, corporate executives, and private aircraft owners in Central Europe. The company manages a two-aircraft managed fleet consisting of a Bombardier Challenger 300 (super midsize, 8 passengers, 3,000 nm range, 7-hour endurance, stand-up cabin, Honeywell HTF7000 engines) and a Nextant 400XT/XTi (light jet, 5-6 passengers, 2,000 nm range, 5-hour endurance, flat-floor cabin, Williams FJ44 engines), both equipped with Rockwell Collins Pro Line 21 avionics and based at Prague's Václav Havel Airport (Terminal 3).
The business operates as a Czech limited liability company (s.r.o.), co-founded and led by Martin Pražský (CEO) and Vladislav Prokop (Captain), with a headcount in the 11-50 range. Revenue is generated through two streams: on-demand private jet charter transactions (per-flight fees for passenger transport, cargo, and specialized missions using the Challenger 300 and Nextant 400XT/XTi) and managed services for aircraft owners covering scheduling, maintenance, records, and safety management. Pricing is quote-based and not publicly disclosed.
Go-to-market is direct and relationship-driven: customers engage via the bilingual (Czech/English) website, a 24/7 phone hotline (+420 770 148 730), and email ([email protected]), with growth primarily driven by word-of-mouth referrals and personalized consultation. The company's stated positioning is a boutique, human-centered alternative to standardized private jet services, emphasizing coordinated team-based operations, precision, and trust-based long-term client relationships.
Time Air firmographics
Firmographics- Name
- Time Air
- Legal name
- Time Air s.r.o.
- Website
- https://timeair.cz
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Time Air s.r.o. is a Prague-based private aviation company founded in 2001 that operates a boutique jet charter and aircraft management service with a two-aircraft fleet (Bombardier Challenger 300 and Nextant 400XT/XTi) for ultra-high-net-worth individuals, executives, and aircraft owners in Central Europe.
- Ownership category
- akta.pro rank
Time Air industry classification
Industry- Product category
- Business Aviation Services
- NAICS
- Nonscheduled Chartered Passenger Air Transportation (481211), Nonscheduled Air Transportation (4812)
- SIC
- Air Transportation, Nonscheduled (4522)
- akta.pro primary industry
- Business Jet Charter (On-Demand) (THABAFAA)
Keywords
Where Time Air is headquartered
LocationHeadquarters
- HQ city
- Praha
- HQ country
- Czechia
- HQ region
- Europe
Offices1 record
Markets served
Time Air business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Private Jet Charter: Revenue from providing on-demand private aviation services, including passenger transport, cargo flights, and specialized missions. Customers pay per flight or on an ad-hoc basis for access to the company's fleet of Super Midsize and Light Jet aircraft.
- Aircraft Management Services: Services for aircraft owners including scheduling, maintenance (MX), records, and safety management. The company offers comprehensive support from purchase through ongoing operation.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Time Air product offering
Product offeringCore offering
Time Air provides on-demand private jet charter services using its managed fleet of one Super Midsize Bombardier Challenger 300 and one Light Jet Nextant 400XT/XTi, alongside comprehensive aircraft management services that cover scheduling, maintenance (MX), records, safety management, and ongoing operational support for aircraft owners, all coordinated from Prague's Václav Havel Airport.
Product overview
Time Air is a Czech private aviation company offering jet charter services with a fleet of two aircraft: the Bombardier Challenger 300 (super midsize, 8 passengers, 3,000 nm range) and Nextant 400XT/XTi (light jet, 5-6 passengers, 2,000 nm range). Founded in 2001, the company provides comprehensive private aviation services including tailored flight planning, technical maintenance, and ground operations from their Prague hub. The company takes a boutique approach, customizing each journey to specific customer needs rather than offering standardized services.
Differentiator
Problem solved
Functional benefit
Products and services
- Private Jet Charter Services Boutique on-demand private aviation service providing tailored flight experiences for UHNW individuals, corporate executives, and time-sensitive travelers. Includes flight booking, flight operations, technical support, and ground operations coordinated from Prague (Václav Havel Airport), with access to a Super Midsize Challenger 300 (8 passengers, 3,000 nm range) and a Light Jet Nextant 400XT/XTi (5-6 passengers, 2,000 nm range).
- Aircraft Management Services Comprehensive outsourced management of private aircraft for owners, covering aircraft acquisition support, scheduling, maintenance (MX), technical records, and safety management. Provides turnkey operational support from purchase through ongoing operation, intended for private aircraft owners and operators that do not maintain an in-house flight department.
Companies that use Time Air
Customer profileSegments2 records
Ideal customer profiles2 records
Time Air technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Time Air partnerships and signals
Strategic signalScale indicators1 record
Recent moves5 records
Expansion highlights3 records
Time Air competitors and assessment
Company assessmentBroad incumbents
- Wheels Up: Membership-based private aviation platform primarily serving the North American market; comparable business model in private aviation as a scaled alternative to boutique operators like Time Air.
- VistaJet: Global business aviation company offering point-to-point private jet services across 200+ countries with a large fleet of long-range aircraft — overlaps Time Air's boutique positioning but at significantly greater global scale.
- Jet Aviation: Global provider of aircraft management, charter, MRO and FBO services with headquarters in Switzerland; competes with Time Air in European aircraft management and on-demand charter.
- NetJets: Berkshire Hathaway-owned fractional ownership and card-based private aviation leader operating the world's largest fleet; competes with Time Air for the same corporate and HNW customers in the European market.
- Flexjet: Provider of fractional jet ownership, leasing and charter with a fleet of business jets across Europe and the US; an alternative for the same private aviation customers that Time Air serves.
Direct peers
- Silver Air: Czech-founded private aviation company offering jet charter, management and ownership support out of Prague — operates in the same Central European market with a closely overlapping product set and customer base as Time Air.
- GlobeAir: European-based private jet charter and management operator headquartered in Austria, serving UHNW and corporate clients with a fleet of light and midsize jets — directly comparable to Time Air in scale, geography and customer focus.
Regional players
- Luxaviation: European-headquartered business aviation group offering charter, management and FBO services with a sizable multi-country fleet — comparable private aviation operator with broader European reach than Time Air.
- Air Partner: UK-based global aviation services group providing private jet charter, group charter and freight services; operates as a broker-led charter competitor in the same European customer pool.
Emerging players
- PrivateFly: UK-headquartered on-demand private jet booking platform (now part of Air Partner Group) offering instant online charter quotes; comparable as a tech-enabled European charter rival targeting similar corporate demand.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Time Air social profiles
Digital presenceTime Air financial estimates
Financial estimateRevenue estimate
Valuation estimate
Time Air leadership team
Management profileNumber of profiles
Profiles2 records
Time Air funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Time Air M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Time Air
What does Time Air do?
Time Air provides on-demand private jet charter services using its managed fleet of one Super Midsize Bombardier Challenger 300 and one Light Jet Nextant 400XT/XTi, alongside comprehensive aircraft management services that cover scheduling, maintenance (MX), records, safety management, and ongoing operational support for aircraft owners, all coordinated from Prague's Václav Havel Airport.
Is Time Air a public or private company?
Time Air is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Time Air founded?
Time Air was founded in 2001. It employs 11 to 50 people.
Where is Time Air based?
Time Air is headquartered in Praha, Czechia, in the Europe region.
How does Time Air make money?
Two revenue lines are on record. Private Jet Charter is the primary driver. The others are aircraft Management Services.
Who are Time Air's main competitors?
Broad incumbents on record are Wheels Up, VistaJet, Jet Aviation, NetJets and Flexjet. Direct peers are Silver Air and GlobeAir. Regional players are Luxaviation and Air Partner. PrivateFly is listed as an emerging player.
Does Time Air have an API?
No public API is recorded for Time Air.
What industry is Time Air in?
Time Air's product category is Business Aviation Services. Its primary akta.pro industry code is THABAFAA, Business Jet Charter (On-Demand). Its NAICS code is 481211 and its SIC code is 4522.