Private Jet Card Comparisons - Know Before You Buy
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Jet It is planning to launch a fractional ownership program with Embraer, adding the Phenom 300 and Praetor 500, according to a presentation and correspondence reviewed by Private Jet Card Comparisons.
There were 712 business jet deliveries in 2022, an increase of two units from 2021 and a rebound from 644 in 2020, according to the General Aviation Manufacturers Association.
New private jet deliveries dropped by 20.4% from 809 in 2019 to 644 last year. It was the lowest total since 2004, according to the General Aviation Manufacturers Association.
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.
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.