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US-based on-demand brokerage New Flight Charters (NFC) has received an upgrade of its commercial credit rating by D&B Dun & Bradstreet amid 2019 business growth. NFC has averaged 13.2 per cent annual grown for 15 years and has been named in the Inc. 5000 Honor Roll as a fastest growing US company four times.
According to D&B, “The D&B Credit Rating is a system that measures a firm's size and composite credit appraisal, based on information in a company's interim or fiscal year balance sheet and an overall evaluation of the firm's creditworthiness.” New Flight Charters' current D&B composite credit rating is the highest possible, coded ‘1R2’, which is defined as ‘good’. The Delinquency Predictor component of the rating was recently upgraded to Class 1- Low Risk, the best possible rating.
New Flight Charters has been credit-rated since 2004 when it was recognised with a DUNS number and approved as a US Government Contractor. It has payment terms with 115 leading aircraft operators and management providers.