With the well documented issues in commercial flying more and more people have found reasons to turn to private aircraft.
There are a variety of options to consider. The starting point is how often you want to fly privately.
Once you reach about 50 hours of flying a year then fractional aircraft ownership can start to make sense and above 300 or so hours per year whole ownership is worth looking into. Here is some core information to help you understand the options.
All of the major providers have expanded over the last few years. Many now offer a wide range of products and solutions to meet the needs of various clients. If you're looking at the different options then download our Guide to Private Aviation, which compares the products and providers.
The latest news and research on private jets and aircraft is included below.
The private jet provider has created a new membership program designed directly for corporations. It offers six categories of aircraft all at a fixed hourly price, available with as little as six hours’ notice.
VistaJet, the global private aviation company founded by Swiss financier Thomas Flohr, continues to expand with the recent news that it has acquired California-based XOJet. The deal will add 43 aircraft to VistaJet’s existing fleet of more than 70 large private jets.
One of the leading providers of fractional jet ownership, reported strong results for the first half of 2018. Flexjet saw sales increase 17 percent compared to the same period in 2017. As part of this increase, Flexjet saw a 76% growth in customers who were completely new to the company.
SherpaReport visited NetJets headquarters in Columbus last month and had the opportunity to tour the Flight Center and meet several of the management team. I obtained great insights into the operations and how NetJets matches its aircraft and crews to the needs of its owners. Here’s what I learned.
Earlier this year saw the launch of the Sky Access Program from Delta Private Jets. More recently, the program has been enhanced with new booking software. Members in the program have access to free empty-leg flights, giving last-minute access to one-way travel, and can also book fixed price private jet charters. The Northern Kentucky based company says it will “make luxury travel affordable.”
The music and entertainment industries have been using private jets for many years. In the 1970’s Led Zeppelin nicknamed their plane “The Starship” and there were several stories about the parties on board. But the real reason for using these planes is that they are the most practical way to get around, especially if you’re doing a multi-city tour. They also provide a sense of continuity, safety, and sanctuary, as well as privacy - away from the curious eyes of paparazzi and fans.
If you want to control your company’s transportation, whole ownership of a business aircraft can be particularly attractive. And, with high enough utilization, it is also very cost effective. As a generalization, when your flying needs come close to (or exceed 200 annual hours), whole aircraft ownership can be more cost effective than fractional, charter or membership programs. Whole aircraft ownership offers the following benefits.
If it seems like it’s getting more difficult to choose between the many private aviation companies, that’s because they’ve been responding to customer demand to make their membership benefits and lifestyle perks increasingly more flexible and compelling. Today we take a head-to-head look at Sentient Jet and NetJets, two of the industry’s longest-standing and largest businesses.
Eleven years ago, Sherpa Report looked at some of the statistics regarding flying commercially – delays, cancellations, lost baggage, and so on. More than a decade later, the most recent Department of Transportation statistics can tell us whether much has changed and whether flying privately may still be a good alternative.
The private jet company, Jet Linx, likes to emphasize its local connections as it expands its network of bases across the country. The newest centers that are due to open are in New York, Boston, and Chicago. SherpaReport talked to CEO Jamie Walker about the expansion and the companies model for growth.