Jet Edge is targeting NetJets owners with $150 million from KKR

Jet Edge private jets

Jet Edge is rolling out its AdvantEdge aircraft management program nationally, including a tier specifically targeting fractional shareowners

Los Angeles-based Jet Edge plans to shake up the world of aircraft management, which it claims “lacks innovation.” Its rebranded AdvantEdge program, relaunched this morning, will fly on the back of a $150 million credit facility from KKR.

Fractional Ownership 2020 numbers show NetJets, Flexjet control 85% of the market

NetJets Flexjet

Private jet fractional ownership continues to be dominated by NetJets and Flexjet

Argus TRAQPak’s annual business review of private jet fractional ownership operators in North America shows from the handful of players, NetJets and Flexjet continue to dominate. Together, the top two players control 85.8% of the market based on flight hours.

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