Flexjet LLC, a leading provider of fractional jet shares, leases, and jet cards said for the first half of 2018 fractional and lease sales increased 17% over the same period in 2017. The company said new business grew even more strongly, expanding by 76% year over year. More than half – 57% – of new customers came through referrals.
“During the past several years Flexjet has delivered the fractional industry’s youngest fleet, expanded service overseas and introduced innovative programs such as our Red Label by Flexjet premium offering. The results of this investment are clear: Strong growth, driven in large part by the satisfaction of current Owners,” said Flexjet Chief Executive Officer Michael Silvestro. “The growth we have achieved is only a start as we strive every day to be the world’s premier private jet travel provider.”
According to a press release, notable results from the first half of 2018 include:
Corporate Solutions launches: In order to help corporate flight departments that maintain and operate their own fleets of aircraft enhance their capabilities and efficiencies, Corporate Solutions by Flexjet was launched. It expands Flexjet’s ongoing support of flight departments by providing both supplemental lift and hybrid solutions, leading to more optimized use of existing company-owned fleets when paired with access to Flexjet’s floating fleet of aircraft located throughout the world from all categories.
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