Private jet fractional ownership continues to be dominated by NetJets and Flexjet
Argus TRAQPak’s annual business review of private jet fractional ownership operators in North America shows from the handful of players, NetJets and Flexjet continue to dominate. Together, the top two players control 85.8% of the market based on flight hours.
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.
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.
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.