GE’s Move To Cut Back Its Own Private Jets May Spur Innovation In The Charter Market
The King is dead. Long live the King. Jeffrey Immelt’s 16-year reign at General Electric is over and new CEO John Flannery will be shepherding a new $2 billion cost-cutting plan. One of the casualties will be GE’s corporate flight department.
Private jet activity spiked by 28% during the solar eclipse
Monday’s full solar eclipse was accompanied by a 28% spike in private aviation flight activity, according to TRAQPak, a service that tracks flying by private aircraft. According to a press release, there were 10,606 private aviation flights on August 21, 2017, compared to an average of 8,276 flights on previous Mondays during the year.
Flexjet jet cards start at $162,000 for 25 hours on an Embraer Phenom 300 and $249,000 for a Challenger 300
So you’ve been reading about the Flexjet Red Label LXi fleet with its customized luxury interiors, including the Gulfstream G650 and 500, the Bombardier Global Express, Challenger 350 and Embraer Legacy 450. While NetJets offers a wide range of jet cards across its fleet of fractional aircraft, we wondered why Flexjet would only offer the Embraer Phenom 300 and Bombardier Challenger 300 for its two jet cards.
Jet Cards And Charter Fulfill Different Private Aviation Needs
Private Jet Card Comparisons is not an advocacy site for jet cards. We are an independent buyer’s guide that compares over 100 jet card programs across 65 variables for you, the consumer. Many jet card users own their own planes, own fractional shares, fly on aircraft their companies own and operate and charter jets as well. Jet cards are part of their private aviation solutions. However, there is the ongoing question – why not just charter instead of prepaying for a jet card?
When we heard that Flexjet was coming out with a new app, we went to see what we could find about their existing ones. Well, we thought we had struck gold, but today we were told by a spokesperson, “The video you found on YouTube was just a concept proposed a few years ago, but it was not executed.” She added, “We do have an app our Owners can use, but we removed it from the app store in anticipation of the new app launch.”
Fractional Share and Jet Card seller Flexjet is planning to launch a new App this summer for iPhones. According to a preview seen by Private Jet Card Comparisons the new app features:
With new business jumping 50% so far in 2017 on top of 20% growth in 2016, Flexjet LLC says it is hiring pilots for the first time since 2015.