Nicholas Air plans fleet expansion in 2021

Nicholas Air

After doubling its fleet over the past five years, Nicholas Air says it plans more measured expansion this year

Don’t look for Nicholas Air to make a billion-dollar order with deliveries stretching over six or seven years. The Oxford, Mississippi-based private jet operator and management company will follow up its addition of two new Phenom 300 light jets added directly from Embraer last year. However, it expects to buy for near term needs, head of marketing Peder Von Harten tells Private Jet Card Comparisons.

Nicholas Air adds two new Phenom 300Es to its fleet

Nicholas Air Embraer Phenom 300E

The private jet operator is investing $21 million by acquiring two of the best-selling Embraer light jets

In the most recent sign that demand for private flights is bouncing back, Nicholas Air says it is adding two new from manufacturer Embraer Phenom 300Es to its fleet.

The company says the move is based on current and future demand. Flight hours for this month are already at 120% of 2019 levels with five days left to go.

Nicholas Air

nicholas air private jet

Nicholas Air Executive Overview

Year Founded1997
LeadershipNicholas Correnti, Founder/CEO
Karen Thornton, Chief Financial Officer
Fernando Pineda, Executive VP of Operations
Wendi LItton, Internal Counsel
Peder Von Harten, VP of Sales & Marketing
Duwayne Anderson, VP of Maintenance
Ryan Divita, Executive Director of Member Operations
Michael Prinzi, Director of Operations
Matthew Caldwell, Chief Pilot
HeadquartersOxford, MS
Jet Card Hourly RatesPhenom 100 from $5,425 per hour, plus FET
Related ProductsLeases, Aircraft Management, Jet Share

Founded in 1997 as an aviation company focusing on aircraft management and leasing, Nicholas Air soon expanded into fractional ownership, lease shares and jet card programs.

The company was started by aviation veteran Nicholas Correnti, and is based in Oxford, Mississippi.

It offers aircraft specific options, including the Pilatus PC-12, Embraer Phenom 100 and 300, Cessna Citation CJ3 and Latitude, and Bombardier Challenger 300.

In addition to pay-as-you-go, it offers deposit jet card based on either hours or dollars. The dollar-based Rise Card enables customers to upgrade or downgrade at published rates. The hours based Blue Card is aircraft specific and allows upgrades and downgrades at an interchange fee.

Nicholas Air
Nicholas Air operates a fleet of aircraft that average under 5 years old

Nicholas Air is included in Private Jet Card Comparisons’ database of over 50 jet card providers, enabling you to compare programs in minutes.

When was the company founded?

1997

Who owns Nicholas Air?

The company is privately held. The owner is its founder Nicholas Correnti.

Who is the CEO?

Nicholas Correnti

How are aircraft sourced?

Nicholas Air operates an owned fleet. It also offers limited fractional ownership and manages aircraft for owners.

Nicholas Air Fleet

AircraftSize
Pilatus PC-12Turboprop
Phenom 100Very Light Jet
Citation CJ3Light Jet
Phenom 300Light Jet
Citation LatitudeSuper Midsize Jet
Challenger 300Super Midsize Jet
Source: Nicholas Air

What are the initiation and membership fees?

It's pay-as-you-go option starts at $15,000 per year. Deposit options - the Blue and Rise Cards, do not have joining fees

What is the entry-level program?

The Blue Card at 15 hours and pay-as-you-go Smart Card

Does Nicholas Air provide guaranteed availability?

Yes

Is the hourly rate guaranteed?

Yes, beginning at 10 hours on non-peak days 

Can jet card holders/members use multiple aircraft at the same time?

Yes, based on request

What is the company website?

www.nicholasair.com

Where is the headquarters?

Oxford, MS

Contact a Sales Executive at Nicholas Air

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