VistaJet’s Ian Moore talks to Private Jet Card Comparisons about its new short-term private jet lease offer responding to COVID-19 Coronavirus
Last month VistaJet came up with an innovative short-term solution to the COVID-19 Coronavirus crisis. The answer was to offer its fleet of silver and red Bombardier private jets on short-term leases, starting at just one month. The leases include crews and even flight hours. We caught up with Chief Commercial Officer Ian Moore to get the details.
In a wide-ranging interview with Corporate Jet Investor, NetJets’ president Patrick Gallagher highlights key private aviation issues and trends
“It’s clear owners still want to talk to our teams in person despite having online accessibility”
Recently Corporate Jet Investor featured one of the best overall interviews I’ve read about inside NetJets, and as the market leader, its perspective on the industry
Fractional ownership or leasing of a private jet is a big decision. We give you a comprehensive overview of factors that will guide your decision
Fractional ownership and leases sit between full ownership and jet cards or on-demand charter in the hierarchy of private aviation solutions
How does it work, what are the costs, and when you should consider fractional ownership and leases?
What can you negotiate?
Having read and reviewed dozens of articles that cover fractional aircraft ownership, I find many of them somewhat misinformed. The typical approach is to espouse fractional ownership as the ideal solution if your annual flying ranges between 50 and 400 hours.
Said articles recommend full ownership if you fly more than 400 hours, jet cards for 25 to 50 hours, and on-demand charter for less than 25 hours of flying.
I don’t want to say these generalizations are wrong. They’re just overly simplistic and can lead you to make a decision that might not be the best fit.
XOJET says it completed a busy and successful first half of 2018 as it positions itself as a better option to fractional ownership
San Francisco-based XOJET said it saw 12% growth in total revenue during the first half of the year, including a record-breaking first quarter with year-over-year increases of 15% in overall business and 39.5% in Off-Fleet Charter Brokerage. The company says for the super-mid charter market in the United States it enjoys a 31% share of flights exceeding three hours occurring on the XOJET fleet. It has its own fleet of over 40 Bombardier Challenger 300s and Cessna Citation Xs.