Battling NetJets: Is Flexjet readying a billion dollar order from Gulfstream?

Gulfstream G650 cost

Flexjet is already a significant Gulfstream operator and has been ramping up its expansion plans for Europe

A report last Friday by Corporate Jet Investor (CJI) speculated that Flexjet might be readying a billion-dollar order with Gulfstream. The item came after Phebe Novakovic, CEO of General Dynamics, parent of the business jet manufacturer, told analysts the division was working on a big deal and it was with an existing customer.

Fractional share activity pushes a .07% increase in private jet activity in January

NetJets, Flexjet and the fractional category powered January 2019 business aviation gains

Amid fears of slipping to negative growth, business aviation activity saw a slight gain year-over-year in January

ARGUS TRAQPak’s review of year-over-year flight activity indicates that January 2019 recorded an increase of 0.7%. The results by operational category were mixed with fractional operator activity, again, posting the largest yearly increase, up 4.9% year over year. NetJets and Flexjet make up about 80% of all fractional private jet flights. Part 91 activity posted an increase of 1.0%, while Part 135 activity declined for the eighth straight month, down 0.9%.

The Pilatus PC-12 was 2018’s most used “private jet”

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.

Reports: VistaJet and Flexjet eyeing major expansion moves with new aircraft and geography

According to two separate reports in Aviation International News, VistaJet and Flexjet have growth on their minds

 

Two key players in the fractional ownership, lease and jet card space VistaJet and Flexjet are both planning potentially significant expansion plans, according to aviation trade journal Aviation International News.