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.
Private aviation company Wheels Up has been on an acquisition spree over the last year, as it expands and scales up. Last week it acquired the private jet arm of Delta Air Lines, and Delta will now be a shareholder of Wheels Up. The deal is expected to close early in 2020 and it sounds as if there could be a lot of cross promotions between the two companies.
The Elite Jet Cards are a way for customers to access the NetJets fleet at a lower price, that also come with a few more restrictions on use. These jet cards have been available for a few years and NetJets recently broadened the program to include a range of jets.
New Department of Transportation (DoT) regulations aim to make air charter broker services more transparent to the consumer. The rules, known as Part 295 or “Increasing Charter Air Transportation Options”, came into effect earlier this year. One of the goals of the DoT is to “strengthen the legal protections provided to consumers of charter air transportation” while also “facilitating innovation and growth in the air charter industry”.
The private aviation company, Wheels Up, recently raised a further $128 million in funding. It has already acquired Avianis Systems, a private aviation technology company. And has plans to expand its platform and accelerate membership growth through further investment in sales and marketing.
At the National Business Aviation Association Business Aviation Convention & Exhibition (NBAA-BACE) in Las Vegas, Flexjet announced that it has placed orders for new aircraft from both Embraer and Gulfstream. The Embraers include the brand-new Praetor mid- and super midsized aircraft and Phenom 300 light jets. The Gulfstream planes are the flagship ultra-long range G700.
The fractional and jet card private aviation company is growing its operation into the Upper Midwest, including the Chicago, Milwaukee, Indianapolis, Cincinnati and Louisville markets. SherpaReport talked to John Owen, AirShare CEO to find out more about the expansion and recent growth.
Private aviation is an attractive alternative to commercial air travel for both business and leisure travelers. But the array of services can be rather daunting to someone who is considering it for the first time. This article provides an introduction to private aviation, designed to help you understand why and how to get the most from your next private plane journey.
This new days-based fractional ownership program is aimed at high-utilization large cabin customers. The Flexjet program will start with two home bases, New York City and London, which are the financial capitals of the world and two of the most popular business and personal travel destinations.