The third largest
fractional share provider is putting a push into the jet age
While the popular single-engine Pilatus PC-12 has powered PlaneSense to a position as the third largest fractional share and lease operator in North America, its twin jet brother the PC-24 will likely push the company’s primary service area further west, probably at some point the Pacific Ocean. That day is likely getting loser with the arrival of its second PC-24 which the company said was delivered today.
If money is not an object, you can choose between full and fractional ownership, jet cards or on-demand charter
Having bought my Mega Millions tickets last night, and then checking that my lump sum payout would have been nearly $700 million after taxes, of course, I started to think about what would be the best private aviation solution for my needs. And that’s the most important advice I can give anyone who is shopping for new or used aircraft, fractional shares, and leases, jet cards or just thinking about chartering. There isn’t a one size fits all solution, so writing out where you anticipate flying, with how many people and when is a good start. My second point is perhaps 50% of private aviation users have at least two solutions so don’t fret, you may not find one provider that meets all of your needs.
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.
Operator of the world’s largest private jet fleet, NetJets sell fractional shares, leases, and jet cards as alternatives to full aircraft ownership and on-demand charter
NetJets is promoting its jet card, fractional ownership and private jet leasing products by highlighting what it says are five common misconceptions about the ownership of private jets. According to a post on its website, the Berkshire Hathaway owned provider writes, “Being in the business of private aviation for more than 50 years, we’ve encountered many misconceptions about aircraft ownership. To help you evaluate your private travel investment, we’ve outlined the five, most common jet ownership myths.”
Last week Flexjet announced it was launching a new program adding to its offering of jet cards, fractional ownership and leases
Corporate Solutions by Flexjet is the newest program from the Cleveland-based operator, in this case offering travelers access to the company’s fleet of private aircraft flown by crews dedicated to a single aircraft, part of its Red Label brand. The goal, according to the announcement, is to partner with corporate flight departments to enhance capabilities and efficiencies while maintaining the high standards expected by their executives. The new division will focus its expertise on corporate flight departments that maintain and operate their own fleet of aircraft. Flexjet says it already serves several Fortune 1000 companies with a combination of supplemental lift and consultation to achieve more effective utilization of their existing fleets.