The 8th largest private jet charter operator in the U.S. FlyExclusive is leveraging a fast-growing private jet fleet to become a major player in jet memberships
Out of the depths of the biggest downturn business aviation has ever seen, here comes industry veteran Jim Segrave and his Kinston, North Carolina-based FlyExclusive.
Since its launch in 2014, Segrave, who previously sold Segrave Aviation to Delta Private Jets in 2010, has built a fleet of more than 60 private jets. Expansion plans call for reaching the century mark.
Researcher WingX projects business aviation to remain at low levels through month’s end
Just over 26,000 business jet flights operated worldwide in the first two weeks of April 2020, 79% below the same period in 2019, according to WingX’s Global Market Tracker.
Following its $128 million raise last month, and acquisition of Travel Management Company with 24 light jets over the summer, Wheels Up has made a tech buy
Wheels Up has acquired Avianis Systems, LLC, for an undisclosed amount. It comes just six weeks after raising $128 million in a Class D Equity Round giving the New York-based private aviation membership company a billion-dollar valuation. The deal was first reported by Corporate Jet Investor in advance of its Revolution.aero conference being held today and tomorrow in San Francisco.
Booking a private jet should be as easy as booking a car with Uber or booking a home with AirbnbKenny Dichter, CEO, Wheels Up
Avianis, according to its website, provides a comprehensive platform approach to managing a complete flight operation in one system. In its pitch to its B2B customers, it claims, “This enables a more holistic and cyclical view of the entire business that allows you to stay in touch with every detail of your business in one web-based platform.”
The new NetJets jet cards give it a true light jet and another coast-to-coast option
Private Jet Comparisons has exclusively confirmed NetJets has added the Embraer Phenom 300 light jet (as we reported it would last year) and Cessna Citation Sovereign super-midsize jet to its jet card line-up, although at just over 30,000 pounds maximum takeoff weight it is classifying it as a midsize aircraft.
Both will be sold as Elite Card programs, meaning 24-hour lead-time for reservations with the hourly price including fuel, 7.5% Federal Excise Tax, and deicing. Peak day lead-time is 120 hours with a 25% surcharge.
The single engine turboprop was the most flown private
aircraft last year
Last year, there were more flights on the Pilatus PC-12 than any other private aircraft in any category, according to data published by TRAQPak. In its survey of most used airplanes, the single-engine turboprop recorded 233, 676 flights, some 612 segments per day. Both Nicholas Air and OneFlight International offer the winner in their jet card programs. PlaneSense, which doesn’t sell jet cards, features the PC-12 in its fractional fleet, while Surf Air uses the type for its by-the-seat shuttle flights on the West Coast.