The Berkshire Hathaway fractional jet operator affirmed it does not need government aid
In a letter to NetJets owners sent earlier today, its president Patrick Gallagher outlined company plans due to the COVID-19 Coronavirus pandemic. He said business has been “down significantly.”
Gallagher told customers via email, “…This pandemic is affecting our business to a greater extent than any event since we were founded in May 1964.”
The largest private jet operator in the world continues its focus on lifestyle programs for its fractional share and jet card customers
Wine and private jets might not be quite like peanut butter and jelly, but they do seem to go together.
In the news section of its website, NetJets is highlighting its Vintner Circle Program.
Flexjet said it is undertaking a major upgrade and expansion
to its flight data monitoring capabilities. In partnership with GE Aviation,
Flexjet’s entire US-based fleet will transmit flight data wirelessly and
instantly upon touchdown. This initiative will strengthen the company’s safety
management system, the company said.
Flexjet CEO Mike Silvestro covered a wide range of topics during an appearance on Fox Business Channel earlier this week
Speaking on Mornings with Maria earlier this week, Flexjet
CEO Mike Silvestro covered a wide range of topics related to business aviation,
including attempts to Uberize private jet travel, fractional ownership and
leases, safety in the aftermath of Boeing MAX, market growth and potential.
Over the past two years, the Cleveland-based subsidiary of Directional Aviation has purchased U.K.-based operator Flairjet and jet card and on-demand charter broker PrivateFly
One thing is for sure. Flexjet is growing internationally and Europe is a key focus. Speaking to Guy Johnson and Vonnie Quinn on Bloomberg Markets: European Close on October 12th Flexjet CEO Michael Silvestro noted that Brexit isn’t dampening the Cleveland-based fractional share, lease and jet card provider’s outlook on Europe.
There are over 40 jet card providers offering more than 250 programs, and there are some significant differences and not just in price
In this article, I want to explain the differences in how aircraft for various jet card programs are sourced. Of the subscribers to Private Jet Card Comparisons, I estimate about 75% are flying via on-demand charter, but after getting tired of the work it takes for each trip to compare quotes, quality of providers and varying charter terms, they are seeking an easier solution but don’t necessarily want the long-term commitment of leases and fractional shares, hence jet cards. The benefit of jet card programs is once you choose the right program, arranging your flight is generally one phone call or can even be handled online or through an app. Of course, finding the right provider and program takes a bit of work. We’ve identified over 65 places that the card programs vary, which depending on your flying needs can be critical or incidental.
Following Directional Aviation’s announcement last week that it had acquired U.K.-based charter broker PrivateFly, its Flexjet subsidiary announced strong growth numbers
Flexjet LLC, a leading provider of fractional jet shares, leases, and jet cards said for the first half of 2018 fractional and lease sales increased 17% over the same period in 2017. The company said new business grew even more strongly, expanding by 76% year over year. More than half – 57% – of new customers came through referrals.