The private jet operator is investing $21 million by acquiring two of the best-selling Embraer light jets
In the most recent sign that demand for private flights is bouncing back, Nicholas Air says it is adding two new from manufacturer Embraer Phenom 300Es to its fleet.
The company says the move is based on current and future demand. Flight hours for this month are already at 120% of 2019 levels with five days left to go.
Embraer’s Phenom 300/300E is the best selling light jet of the past decade; We look at its varied seating options
The Phenom 300 and its updated brother, the Phenom 300E, are the best selling light jet type in the past decade.
It is popular with individual owners, and also fractional share and charter fleet operators selling jet cards. It has a high resale value – if you can buy one. There are only 16 on the market. That’s a mere 3.6% of the fleet.
NetJets and Flexjet agree
The list of operators is a who’s who, including the industry’s biggest players. NetJets and Flexjet agree on few things. They both selected the Phenom 300 as their core light jet option.
Executive AirShare offers fractional ownership and jet cards sold in a combination of days and hours
Executive AirShare says it has become the nation’s first fractional provider to add the Embraer Phenom 300E light jet to its fleet. The addition of this new aircraft also means that Executive AirShare has been the first commercial operator for all the Embraer Phenom aircraft. The company sells fractional shares and jet cards to customers in the Kansas City metropolitan area; Wichita, Kan.; Tulsa and Oklahoma City, Okla.; Fort Worth, Dallas, Houston, Austin and San Antonio, Texas; Denver, Colo., and Buffalo, N.Y. Its subsidiary, Executive Flight Services, offers aircraft management and charter services from bases in Fort Worth, Dallas, Wichita, Kansas City, Denver and Buffalo. Its jet card program uses a formula combining days and hours and starts with 10 days per year.