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.
The by-the-day fractional share and jet card seller is expanding its target markets for customers
After rebranding last year from Executive AirShare to Airshare, as we previously reported, the company had plans to expand east from its Kansas City base. This week it happened.
Airshare said it is adding Chicago, Milwaukee, Indianapolis, Cincinnati and Louisville as markets it will sell fractional shares and jet cards.
While a majority of its 12,000 annual flights operate in and out Dallas, Houston, Denver, Kansas City, and the Great Lakes region, popular destinations for customers include Mexico and the Caribbean, Aspen, and Napa Valley.
Jet card and charter operator JetSuite is adding Phenom 300s, paring down its Phenom 100 fleet, and is planning to add at least another type
JetSuite and its sister company JSX are projected to have more than 100 aircraft by 2023
The revamped SuiteKey jet card program with fixed-rates and guaranteed availability is attracting national demand, says president Stephanie Chung
As Dallas-based JetSuite makes the turn into its second decade, its president Stephanie Chung says after a year on the job, she is ready to help lead the company into a future that looks to be focused on larger aircraft. It means paring down the Embraer Phenom 100 that helped launch the company. It recently stopped accepting new members and renewals for the type.
Chung said, “Our immediate goal is to become a dominant provider in the U.S. and to accomplish this, we will continue to add more 300s, as well as gradually lessen our footprint within the very light jet space.”