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.
The third largest
fractional share provider is putting a push into the jet age
While the popular single-engine Pilatus PC-12 has powered PlaneSense to a position as the third largest fractional share and lease operator in North America, its twin jet brother the PC-24 will likely push the company’s primary service area further west, probably at some point the Pacific Ocean. That day is likely getting loser with the arrival of its second PC-24 which the company said was delivered today.
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 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.
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.