NetJets and Directional’s Flexjet and Flight Options account for 85% of fractional fleet flying, according to Argus Traqpak
There’s a reason for optimism in Ohio this weekend. The state is home to NetJets and Directional Aviation’s Flexjet and Flight Options, which combined account for 85% of North American fractional flight activity.
Both the Coronavirus pandemic and the CARES Act waiving the 7.5% Federal Excise Tax are impacting jet membership costs and terms
To say the past month and a half has been a roller coaster for private aviation would be an understatement.
March started with high hopes. A spike in requests from first-timers who wanted to get to second homes or relocate family members kept activity close to normal.
The two largest players in fractional ownership of private jets saw significant growth in 2019
NetJets and Flexjet, the two largest players in the fractional ownership market, both recorded strong performances in 2019, measured by flight hours.
According to data released by Argus Traqpak, for the total fractional market, flights and flight hours grew 5.9% and 7.9% respectively, when compared to 2018.
Light Jet, Large Cabin Jet, Turboprops, or specific types such as the Embraer Phenom 300?
Your guide to finding the perfect cabin category, or private jet (and turboprop) specific Jet Card for your needs
Jet cards are the fastest-growing segment of private jet charter. Over the past decade the number of companies offering jet memberships more than doubled.
Private Jet Card Comparisons has cataloged over 55 providers, including all the key players such as NetJets (both Elite and Marquis Jet card), Flexjet, Sentient, Wheels Up, Delta Private Jets, JetSuite, Jet Linx, VistaJet, PJS Group, Magellan Jets, and XO. In total, there are more than 300 programs so you can find the right one.
We’ve identified over 65 variables that can impact your selection. We’ve also made it easy to compare, cutting research time by weeks and days to less than an hour. You have over 18,000 data points at your fingertips.
Fractional ownership or leasing of a private jet is a big decision. We give you a comprehensive overview of factors that will guide your decision
Fractional ownership and leases sit between full ownership and jet cards or on-demand charter in the hierarchy of private aviation solutions
How does it work, what are the costs, and when you should consider fractional ownership and leases?
What can you negotiate?
Having read and reviewed dozens of articles that cover fractional aircraft ownership, I find many of them somewhat misinformed. The typical approach is to espouse fractional ownership as the ideal solution if your annual flying ranges between 50 and 400 hours.
Said articles recommend full ownership if you fly more than 400 hours, jet cards for 25 to 50 hours, and on-demand charter for less than 25 hours of flying.
I don’t want to say these generalizations are wrong. They’re just overly simplistic and can lead you to make a decision that might not be the best fit.