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 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.
One of the leading jet card providers, Sentient Jet, has announced a new Transatlantic Program that offers card owners fixed one-way rates with guaranteed availability to Europe this summer.
One common question as people start to explore their options with private aircraft is how much does it actually cost? This article will walk you through various cost factors and will provide some broad guidelines for pricing.
Flexjet, one of the largest private aviation companies, has expanded its private terminal network with a new location at Van Nuys airport in Los Angeles, California. The company’s fourth terminal is on the Clay Lacy Executive Complex and features a 3,000 square-foot lounge available exclusively for Flexjet clients.
The jet card provider, Sentient Jet, ended 2020 with $450MM in jet card sales, achieving 60% year over year growth. SherpaReport caught up with CEO Andrew Collins to discuss results and trends from 2020, expectations for 2021 and the changes brought on by the pandemic.
Many jet card programs come with a range of extra perks, offering lifestyle benefits in dining, entertainment, travel, and even health. Omaha-based Jet Linx provides their Elevated Lifestyle program, and in the past year they have added a host of new partners to the scheme. We caught up with Jet Linx to learn more about these new benefits, and to revisit what other benefits are available to members.
The COVID pandemic had a negative effect on most industries in 2020, including aviation sales. However, the latest data from the General Aviation Manufacturers Association (GAMA) indicates that demand is still strong and will rebound as pandemic fears ease. Last year saw 644 new business jets sold worldwide, a 20.4% decline from 2019 figures (809 sales). GAMA notes that sales were stronger in the 4th quarter, providing optimism for recovery in 2021.
In the continuing flow of deals in business aviation Vista Global, parent company of VistaJet and XO, is buying Apollo Jets. Apollo and its 4,000 clients will be integrated as a division of XO, Vista Global’s digital brand.
Figures from ARGUS show the largest part 135 charter operators in the USA in 2020. The figures include both the hours flown and the number of aircraft in their charter fleets. Overall hours in 2020 dropped due to COVID, but at the same time there is a lot of consolidation happening in the industry.
Fractional aircraft operator NetJets has obtained purchase rights for 20 AS2 supersonic business jets. The two companies are also looking at further partnerships.