The addition of the Challenger 350s will double Airshare’s fractional fleet as it eyes expansion into the Northeastern U.S.
Phenom light jet operator Airshare moves into the super-midsize aircraft category, announcing a firm order for three Bombardier Challenger 350s. It adds options for 17 more, meaning it will add as many as 20 new aircraft. Based on Conklin & De Decker’s estimated price of $27 million per unit, the deal is worth $540 million. Airshare currently operates a fleet of 20 Phenom 300s and 100s for its fractional share and jet card program. Additionally, it manages 26 aircraft for owners.
The by-the-day fractional share and jet card seller is expanding its target markets for customers
After rebranding last year from Executive AirShare to Airshare, as we previously reported, the company had plans to expand east from its Kansas City base. This week it happened.
Airshare said it is adding Chicago, Milwaukee, Indianapolis, Cincinnati and Louisville as markets it will sell fractional shares and jet cards.
While a majority of its 12,000 annual flights operate in and out Dallas, Houston, Denver, Kansas City, and the Great Lakes region, popular destinations for customers include Mexico and the Caribbean, Aspen, and Napa Valley.
John Owen, President & CEO Alex Franz, Chief Operating Officer Andy Tretiak, Chief Marketing Officer Dylan Haynie, Chief Revenue Officer Josh Johnson, Chief Financial Officer Steve Blanck, General Counsel
Jet Card Hourly Rates
Phenom 300 is $4,520 per hour to cover 10 days of usage
Lenexa, Kansas-based Airshare, offers fractional shares, leases, and jet cards on Embraer Phenom 300s and Bombardier Challenger Challenger 350s.
Pro golf legend Tom Watson says, “The reason I switched to Airshare is economics. It saves you money and provides efficiency without downgrading safety or service.”
Its current lead ambassador is Super Bowl champion and MVP Patrick Mahomes. The company also offers aircraft management.
Airshare serves clients located within 120 nautical miles of Houston, San Antonio, Austin, Fort Worth, Dallas, TX; Oklahoma City, Tulsa, OK; Kansas City, Wichita, KS; Denver, CO; St. Louis, MO; Chicago, IL; Indianapolis, IN, and Buffalo, NY. This includes Cincinnati, OH; Louisville, KY, Milwaukee, WI; and Toronto, Canada.
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