The private jet operator says it is on track to launch its fractional share, lease and jet card offerings in Europe
More plans are expected to be disclosed in the second quarter of this year
Flexjet’s long-planned expansion into Europe is still on track, the company told Private Jet Card Comparisons.
Several pilots commenting on chat board PPRuNe, which stands for Professional Pilot Rumor Network, had raised the question if Flexjet’s Europe launch was on hold.
Business Jet delivers reached their highest total since 2009, according to the General Aviation Manufacturers Association
Many of the new aircraft will find their way to both fleet and fractional operators providing access to shareowners and jet card customers
Glory days, well, they’ll pass you by
Glory days, in the wink of a young girl’s eye– Bruce Springstein
No doubt, many of those involved in manufacturing private jets recall fondly 2008. That’s when the industry delivered 1,317 new business jets. It was an increase from 2007’s then-record mark of 1,137 new private jets delivered. That busted the 2006 numbers, also a then-record of 887 units delivered.
With the Great Recession, deliveries of new private jets dropped to 874 units in 2009, even more to 767 in 2010, then 696 in 2011, before bottoming out in 2012 at 672 aircraft.
Flexjet House in London’s Mayfair comes in advance of its
planned European expansion
Flexjet LLC last night marked the opening of Flexjet House, a global experience center and office in London’s Mayfair district, for what the company called “an integral step in Flexjet’s European expansion.”
At the same time, Flexjet announced Marine Eugène, former head of sales in Europe for NetJets, has joined its team as European Managing Director. Travel to, from and within Europe jumped 44% this year.
In a press release, it noted, “Eugène is among an increasing number of former NetJets executives deciding to join Flexjet in its reinvention of the private aviation industry.”
Fractional ownership or leasing of a private jet is a big decision. We give you a comprehensive overview of factors that will guide your decision
Fractional ownership and leases sit between full ownership and jet cards or on-demand charter in the hierarchy of private aviation solutions
How does it work, what are the costs, and when you should consider fractional ownership and leases?
What can you negotiate?
Having read and reviewed dozens of articles that cover fractional aircraft ownership, I find many of them somewhat misinformed. The typical approach is to espouse fractional ownership as the ideal solution if your annual flying ranges between 50 and 400 hours.
Said articles recommend full ownership if you fly more than 400 hours, jet cards for 25 to 50 hours, and on-demand charter for less than 25 hours of flying.
I don’t want to say these generalizations are wrong. They’re just overly simplistic and can lead you to make a decision that might not be the best fit.