Corporate Angel Network supports cancer patients by sourcing empty seats on private jet flights from participating private jet owners and operators
Together Corporate Angel Network (CAN) and NetJets have flown more than 55,000 patient flights since it was founded in 1981. Now NetJets has increased its involvement by providing CAN access to its Ferry Finder software, which will help expand the number of cancer patient flights CAN arranges per month.
Jet cards and on-demand charter continue to be the sweet spot of private aviation powered by a 15.1% increase in large jets
TRAQPak’s is reporting year over year flight activity (March 2018 vs. March 2017)
indicates that March 2018 recorded an increase of 2.6%. The results by
operational category were mixed with Part 135 activity, once again, producing
the largest yearly gain, up 7.7%. Fractional activity recorded a slight rise of 0.6%,
while Part 91 activity dipped into the red, down 0.4%. The aircraft categories
were all positive with large jets posting the largest gain from 2017, up 4.7%. Midsize jets followed with an increase of 4.4%, and light jets posted a 0.2% year over year increase. The turboprop segment posted an increase of 1.8%. For Part 135 which includes jet cards and on-demand charter, large jet activity increased 15.1%, followed by mid-size jets at 8.4% and turboprops with 6.4% growth. Light jet activity increased 4.4%
Changes in the private aviation market have blurred the lines between various solutions
Figuring out the best solution for private aviation isn’t necessarily easy or straightforward. It’s estimated up to 50% of users have multiple solutions, which makes sense. Think about owning a jet and using it for business, but you need to get your family to join you for the weekend at your vacation home when coming from a different direction. The likely solution is going to be on-demand charter or jet cards. Making it more complicated, the breadth of various solutions has been changing.
The jet card and fractional share seller is promoting from within to replace outgoing CEO Keith Plumb
Kansas-based Executive AirShare has named John Owen as its president and chief executive officer after serving as the company’s interim president the past two months. Owen, formerly the chief financial officer, succeeds Keith Plumb, who announced he was stepping down from the company in February.
Jet Cards now start at 10 hours, go up to over 100 hours, and include turboprops to ultra-long-range private jets
Buying a Jet Card can be a significant expense running into the hundreds of thousands of dollars per year. Of course, it is less than fractional or full ownership, and you don’t have the same long-term commitment. Buying a Jet Card also frees you up from the time-consuming process of on-demand charter where for every trip you are likely dealing with multiple brokers, examining aircraft profiles, reviewing pricing, including all of the extras, many which are covered by various card programs and so forth. On departures day, if something happens, you need to hope your broker can find some type of backup if something goes wrong, and then you probably have to figure out last minute transfer of funds to the new operator.