NetJets Europe is making its private jets more accessible with a pay-as-you-go membership for €8,500, plus local VAT
NetJets Europe is making a dramatic move in the jet card segment by starting a pay-as-you-go membership. For an annual fee of €8,500, plus local VAT, you get access to its fleet with fixed one-way rates. Previously, the entry-level program in Europe for the world’s largest private jet operator was a 25-hour jet card. That requires a deposit of over $150,000.
Flexjet officially launches its fractional share program in Europe by taking delivery of its first super-midsize Embraer Praetor 600
Flexjet’s European arm has officially launched its fractional ownership program there. This week it is taking delivery of its first Praetor 600 super-midsize private jet. It is part of a US $1.4 billion order for Embraer Executive Jets that was announced in October 2019.
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.
The two largest private jet operators in the world are headquartered 21 minutes from each other as the private jet flies. Judging by Flexjet’s current ad campaign, the gloves are off…
It’s 114 nautical miles as the private jet flies from John Glenn Columbus International Airport in central Ohio north to Cuyahoga County Airport in Cleveland. The former is home to Warren Buffett-owned NetJets, the largest operator of private jets in the world, and the undisputed leader in fractional ownership. The latter is the home turf of Golden Domer, Kenn Ricci, whose wide smile and neighborly demeanor belie that in his own right he has made a mark in aviation, acknowledged in 2017 with the Lifetime Aviation Entrepreneur Award at the 14th Annual Living Legends of Aviation Awards.
We wanted to poke the bearChristopher Bero, vice president of global marketing, Flexjet