Private jet activity spiked by 28% during the solar eclipse
Monday’s full solar eclipse was accompanied by a 28% spike in private aviation flight activity, according to TRAQPak, a service that tracks flying by private aircraft. According to a press release, there were 10,606 private aviation flights on August 21, 2017, compared to an average of 8,276 flights on previous Mondays during the year.
The private jet and turboprop provider says its jet card membership program is reaching a wider audience
Private aviation membership provider Wheels Up has added KKR to its roster of investors, securing $90 million in debt financing as part of its plan to grow to 75 King Air 350is. It also operates the Citation XL/XLS. CEO and Founder Kenny Dichter broke the news this morning on CNBC’s Squawk Box. He said the deal closed this past Friday. There was no information on the investment posted on either of the company’s websites. Other investors include Fidelity and T. Rowe Price. The company was launched in 2013.
Private jet companies and golf go together like hot dogs on July 4th. NetJets boasts over 35 professional golfers on its roster of players it sponsors. There is even an unofficial Twitter account @NetJetsGolfTeam.
The rich are getting richer. Commercial airline service is getting worse as is the airport experience. Luckily, there are more ways to fly via private aviation where you don’t have to be worth $50 or $100 million and more.
Private Jet Card Comparisons now includes 25 different companies and over 100 programs covered in our 65-point analysis. Private Jet Card Comparisons is the only independent buyer’s guide to private jet card membership programs that enables readers to compare the programs head-to-head with easy to use spreadsheets. It is also updated so all information includes 2017 private jet card membership programs.
In Private Jet Card Comparisons’ ongoing Elevator Pitch series, private aviation innovator Kenny Dichter gives a 300-word sales pitch on why you should consider Wheels Up. Dichter was a co-founder of Marquis Jet Partners in 2001 helping popularize the jet card concept. After selling Marquis Jet to NetJets, he launched Wheels Up on the back of the King Air 350i, a plane he calls the Land Rover of private aviation. You can read Dichter’s message here.
As part of the Private Jet Card Comparisons extensive 65-point comparison of the Wheels Up private jet card programs, the website has published an executive summary on the Wheels Up corporate page.