In this Guest Column, Private Jet Card Comparisons has asked James D. Butler, CEO of Shaircraft Solutions LLC to discuss why you should know the differences between fraction and charter jet cards. The following was provided by Mr. Butler and is presented in its entirety.
What is a fractional jet card?
The difference between a fractional jet card and a jet card by any other name is that a fractional jet card is offered by a fractional fleet operator. Fractional fleet operators sell shares in their planes where the customer is essentially buying a portion of the plane, and then can fly on the entire fleet. NetJets, Flexjet, and Nicholas Air jet cards are examples of fractional jet cards.