The new NetJets jet cards give it a true light jet and another coast-to-coast option
Private Jet Comparisons has exclusively confirmed NetJets has added the Embraer Phenom 300 light jet (as we reported it would last year) and Cessna Citation Sovereign super-midsize jet to its jet card line-up, although at just over 30,000 pounds maximum takeoff weight it is classifying it as a midsize aircraft.
Both will be sold as Elite Card programs, meaning 24-hour lead-time for reservations with the hourly price including fuel, 7.5% Federal Excise Tax, and deicing. Peak day lead-time is 120 hours with a 25% surcharge.
Across fractional ownership, leasing, and jet cards, we look at the leading branded private jet options when you are looking for large-cabin, long-haul solutions (including seat maps)
Updated to include VistaJet’s Global 7500
(Updated Nov. 9, 2019) If you are looking for program access to a branded fleet of large-cabin aircraft and are based in the U.S., the options are somewhat limited, although they include the three of the most prominent fleet operators out there with NetJets, Flexjet and VistaJet.
Also of note is Dumont Group, which expects to have a fleet of around 27 Dassault Falcon 2000 aircraft by early next year. In this report, we give you an overview of the current options from each provider.
Magellan Jets is partnering with AAG helicopters, operators of the largest fleet of Sikorsky S-76 helicopters in New York, to help Gotham residents escape for the summer
As it celebrates its 10th anniversary Magellan Jets said it had already seen an increase in bookings for 2018 throughout the Northeast. Short hops between popular locations like Nantucket, New York City, Boston, and The Hamptons have become a mainstay of private fliers in recent years, the jet card seller said. The answer – a helicopter card!
From the Citation Excel/XLS to the Gulfstream G450 if you think NetJets is just for fractional ownership and leases think again
Go to the NetJets website and you might be surprised at how little information you find about specific programs, particularly its jet card programs. While there is a nice directory of the various aircraft types that make up its 700 strong fleet of private jets, the wholly owned subsidiary of Berkshire Hathaway publishes the fewest details we’ve seen from any jet card seller. Yesterday, we talked extensively with executive vice president Pat Gallagher about the company’s programs.
The two biggest players in fractional jet ownership have different approaches to the jet card segment
The vast majority of jet cards are marketed by charter brokers, however, two of the most prominent names in the jet card space – NetJets and Flexjet – are in fact fractional aircraft operators with their principal business selling fractional shares and leases in whole aircraft. Fractional ownership entails a commitment of three to 10 years whereas, with jet cards, we have seen programs with commitments starting as few as 10 hours and $25,000.