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’s Southern charm and fleet of modern private jets have helped the Mississippi-based fractional and charter operator expand nationwide
Jet card and fractional share options range from the Pilatus PC-12 and Phenom 100 to the CJ3, Phenom 300, Latitude and Challenger 300
In an industry that is often in turmoil or controversy, since founding the company in 1997, Nicholas Correnti remains the CEO nearly a quarter-century later.
While companies in the sector seem to come and go, executives and customers say continuity, a personal approach, and a state-of-the-art fleet have helped Nicholas Air thrive in a competitive market.
Embraer’s Phenom 300/300E is the best selling light jet of the past decade; We look at its varied seating options
The Phenom 300 and its updated brother, the Phenom 300E, are the best selling light jet type in the past decade.
It is popular with individual owners, and also fractional share and charter fleet operators selling jet cards. It has a high resale value – if you can buy one. There are only 16 on the market. That’s a mere 3.6% of the fleet.
NetJets and Flexjet agree
The list of operators is a who’s who, including the industry’s biggest players. NetJets and Flexjet agree on few things. They both selected the Phenom 300 as their core light jet option.