Private jet charter operator JetSuite has grounded its fleet of Embraer Phenom 300s and 100s
Sister JSX is continuing a reduced schedule of flights between private jet terminals
Private jet charter operator JetSuite, which sells Phenom 300 jet cards, is halting operations. The move reflects a steep dive in private travel from the COVID-19 Coronavirus pandemic. Closure of many hotels and resorts has meant aside from second homes and emergencies, there are few places to travel.
The new-member offer reduces hourly rates on its Embraer Phenom 300 fleet to $5,795 during the first six months
JetSuite, which last year added five Embraer Phenom 300s, is now offering new members in seven Southwestern U.S. states significantly reduced hourly rates as low as $5,795, which is up to 15% off normal pricing.
Regular program rates range from $6,375 to $6,776 per hour, excluding 7.5% FET, based on deposit tiers ranging from $100,000 to $500,000.
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.
Magellan Jets has issued a white paper on what you should know about private aviation safety
Boston-based jet card and on-demand charter broker Magellan Jets has added to its library of educational white papers for private jet fliers with a white paper titled, “How Safe Is Your Private Aviation Company?”
Magellan’s report notes when it comes to providing safe private jet flights, “You can bet that every operator out there will make this same claim. But are they all the same? How can you ensure that a private aviation operator is walking the walk when it comes to safety?”
The Dallas Business Journal’s list measures sales growth over the past three years
After moving to Dallas last year, JetSuite this year was named as one of the 100 Fastest-Growing Private Companies on the 2019 list by The Dallas Business Journal. JetSuite had been based in Orange County, California.
In its 29th year for awards, the newspaper said it worked together with The Caruth Institute for Entrepreneurship at Southern Methodist University’s Cox School of Business to put the list together.
Flexjet’s order includes 64 Praetor 500s and 600s, plus the best-selling Phenom 300
As it prepares its expansion into Europe, Directional Aviation’s Flexjet announced today it has placed a $1.4 billion firm order with Embraer Executive Jets for 64 of the Praetor mid-and super midsized aircraft and Phenom 300 light jets.
Embraer Executive Jets President and Chief Executive Officer Michael Amalfitano and Flexjet Chief Executive Officer Michael Silvestro made the announcement at the 2019 National Business Aviation Association Business Aviation Convention & Exhibition (NBAA-BACE) in Las Vegas.
Silvestro said the first Praetor 500 will enter its fleet in the next several weeks. He said Flexjet will announce at EBACE next year details on which aircraft will be based in Europe.
Fleet operator JetSuite wants to give SuiteKey members a way to say thank you by sharing the gift of private jet travel
JetSuite, which recently added guaranteed availability and fixed national rates for its owned fleet of Embraer Phenom 100s and 300s, is getting ready to celebrate its 10th anniversary next year by launching an end of the year promotion where buyer’s of its Founder ($500,000) and Chairman Level ($250,000) SuiteKey jet card programs can earn two or one $10,000 jet card respectively.