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Flexjet is limiting access for new buyers of fractional shares and leases. The move was disclosed in an email to current customers.
With consumers ready to dive all-in to private flying and evaporating supply, Flexjet has halted accepting new jet card customers as of yesterday.
Flexjet says it has achieved carbon-neutral flight operations. The move comes via a partnership with 4Air, the rating system focused on sustainability in private aviation. Since January 2021, Flexjet has been purchasing credits to offset carbon emissions from all flights booked by its U.S.-based customers. Its verified credits will fund carbon offset projects. Those projects negate the impact of emissions generated by its aircraft at no additional expense to its customers.
One of private aviation’s worst kept secrets was Flexjet’s planned entrance into Europe last May at the annual European Business Aviation Conference and Exhibition held annually in Geneva. Expectations were a big party and lots of festivities. For Flexjet, it was to be an important step in its never-ending battle with market leader NetJets.