Tag: fractional ownership

Executive AirShare rebrands as Airshare with eyes towards Chicago, Nashville and Teterboro

by Doug Gollan 2 Comments

The Kansas-based regional fractional share, lease and jet card company plans to focus on building its Phenom 100 and 300/300E fleet, increase management contracts and enter major markets

 

Executive AirShare is now Airshare, rebranding for what the company calls a “new era of providing the most cost-effective option in private aviation for both business and leisure customers.” In a press release, the company said, “The new name represents the company’s desire to aggressively expand their client base by attracting more leisure customers, in addition to increasing recall among their core business targets. The evolution of the brand reaffirms Airshare’s commitment to shareowners in delivering greater productivity at a lower cost per hour the more they fly.” 

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Day 1 at NBAA: Embraer announces two new private jets; Honeywell predicts $251 billion in new deliveries in the next 10 years

by Doug Gollan

Embraer announced the Praetor 500 and 600 midsize and super-midsize jets, while Honeywell’s Global Business Aviation Outlook forecasts up to 7,700 new business jet deliveries worth $251 billion through 2028

 

On the eve of the National Business Aviation Association’s (NBAA) annual convention being held here in Orlando, Honeywell released its 27th Global Business Aviation Outlook calling for “strong growth in the short to medium term, supported by several new airplane models coming to market and an improved used aircraft environment.” The new forecast predicts 7,700 new business jet deliveries worth $251 billion during the next decade. Earlier in the day at a hangar at Orlando Executive Airport, Embraer announced it was launching two new business jets, the Praetor 500 and 600. 

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Explaining the differences between broker, fractional fleet, managed fleet and owned fleet jet cards

by Doug Gollan

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. 

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