Jet Edge’s deal for JetSelect brings an 85 strong fleet mainly focused on large-cabin and super-midsize private jets
The merger may mean better terms for large cabin and super-midsize jet card offerings
The old year ended with Delta Air Lines announcing it was merging Delta Private Jets into Wheels Up. When the deal closes, it becomes Wheels Up’s largest shareholder creating a fleet of over 180 aircraft, mainly King Air, light and midsize aircraft.
The new year begins with Jet Edge International, a major player in large-cabin private jets, acquiring JetSelect Aviation. The deal creates a fleet of 85 aircraft.
Last February, Jet Edge announced it had raised $60 million to fund expansion and acquisitions.
Will any light jet do, or would it be better to have a specific type such as the Embraer Phenom 300?
While there are many variables that separate the over 300 jet cards in the Private Jet Card Comparisons database – over 65 in fact, one difference means a lot to some people and nothing to others.
However, for both types of buyers, choosing the wrong type of program can make for a less than enjoyable experience despite the provider’s overall merits. Figuring it out before you sign can both save you money and make sure the program fits your mission needs.
There are essentially two ways that available aircraft are structured for fixed-rate (and usually guaranteed availability) programs by jet card providers.
One is by cabin-class or size. When buying into a cabin class you are assured of getting an aircraft in that class or larger if you are lucky enough be upgraded based on operational needs.
The other is by specific aircraft make or type, for example, you are buying into an Embraer Phenom 300. So while the provider may let you fly in other types, you know when you want a Phenom 300, you’re going to get a Phenom 300 and not some other type of light jet.
You often hear about Large Cabin, Mid-Size Cabin and Small Cabin used to refer to the size of private jets. But is there a specific standard for what jets fit into which category?