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 and would like a good general overview then download our free Guide to Private Aviation, which includes details on charter, jet cards and fractional ownership. For detailed side by side comparisons of the leading jet card and fractional providers, and a directory of charter operators, then sign up for membership.
The latest news and research on private jets and aircraft is included below.
Research group Ascend recently published their annual report on Business Aviation Safety. Business jets continued the trend for improving safety that has seen the accident rate more than halve in the past 10 years.
Jet cards have become an increasingly popular way of accessing private aviation. They provide confirmed levels of pricing, aircraft types and access. One thing to be aware of is the peak travel days that have slightly different reservation and travel requirements.
The company recently launched Europe's first direct financing product for the fractional aircraft industry. This follows the successful launch of financing in the USA, which the company started in 2010.
The new program from XOJET is targeted as an alternative to fractional jet ownership and jet card programs. XOJET Elite Access offers program members guaranteed access to the XOJET fleet of Citation X and Challenger 300 jets, with as little as 12 hours notice.
Avantair has been a huge fan of the Piaggio Avanti P180 aircraft since it began. In fact, the Clearwater, Fla.-based, private aviation firm has exclusively provided this aircraft since the company's inception in 2003. And with its current results it appears that Avantair has picked a winner.
Over the last few days SherpaReport talked to executives at several private aviation companies to assess the demand for flights to this years Super Bowl. There's a high demand driven by the markets that the teams come from and the confidence as the economy starts to rebound from the recession.