The Kansas-based fractional jet card seller will use the up and coming hometown quarterback to build awareness a week after opening a base in Denver, home of the archrival Broncos
While last week Executive AirShare announced it was expanding west with a Denver base, today the company announced a multiyear partnership agreement with Kansas City Chiefs quarterback Patrick Mahomes. The agreement follows the recent announcement of a long-term partnership between the private aircraft services provider and the Chiefs. We won’t tell Broncos fans.
Executive AirShare’s jet card – EMBARK – uses a combination of days and hours, starting at 10 days per year
Executive AirShare (EAS) last week announced it is expanding its fractional ownership, leases and jet cards to Denver and surrounding communities within the Rocky Mountains. “Bringing our private aviation solutions to Denver is a natural decision for us,” says John Owen, Executive AirShare president and CEO. “The Denver market is one of the most desirable destinations in the country and has long been a part of our vision for growth. It was the perfect time to make the move. Everyone who flies with us will benefit from the efficiencies and lower costs associated with the opening of our new Denver base.”
When is a jet card not a jet card? When it’s a turboprop or piston aircraft – which for shorter flights might be the perfect solution
The number of jet card programs and providers has more than doubled in the past 10 years in large part because card memberships are the easy way to charter an aircraft – as close to that tap and go Uber analogy many like to use as you can get. What’s more, you can buy jet cards in chunks ranging from five hours up to 100 hours, so you don’t have the three to five-year commitment of buying a fractional aircraft share. Of course, the trick is finding the right program for your needs, and while many programs offer all sizes and shapes of jets, not all programs off turboprop or piston solutions.
The two biggest players in fractional jet ownership have different approaches to the jet card segment
The vast majority of jet cards are marketed by charter brokers, however, two of the most prominent names in the jet card space – NetJets and Flexjet – are in fact fractional aircraft operators with their principal business selling fractional shares and leases in whole aircraft. Fractional ownership entails a commitment of three to 10 years whereas, with jet cards, we have seen programs with commitments starting as few as 10 hours and $25,000.