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.
As part of its continuing acquisition spree, Wheels Up has acquired operator Mountain Aviation. Adding 59 total aircraft to its fleet. This latest acquisition follows on a pattern of buying large, well established management and jet charter operator companies.
Air Charter Service (ACS) is running a holiday promotion on its jet card with the goal of helping families come together to celebrate. Air Charter Service’s Empyrean jet card usually has a minimum requirement of 25 hours. This festive offer lets people buy a card with a reduced requirement of just 15 hours. Cards can be bought through December 31, 2020.
In their most recent, Q3 Survey, JetNetIQ found that private jet passengers and customers were most concerned about COVID related items including cleaning the planes between flights. This topped more traditional concerns such as pricing and cost per hour.
The CARES Act suspended federal excise taxes (FET) on air transportation from March 28 to Dec. 31, 2020. Based on recent guidance from the IRS many charter, jet card and jet membership companies are offering FET free travel into 2021 and beyond. SherpaReport has talked to many of the providers and also touched based with a legal expert to discuss all the offers.
XO, an on demand and membership based private aviation provider, announced that it is adding 15 Citation light jets to complement its current super midsize aircraft offering. This move takes its dedicated fleet up to 58 light and super midsize jets. XO has further plans to expand to over 50 light jet aircraft over the coming years.
Our annual summary report on the state of the business jet industry draws upon expertise from several key business insiders, including manufacturer Honeywell and analysts at JETNET iQ, with additional input from Aviation Week.
We are approaching the time of year when private jet travel reaches its peak levels of demand. In the US, the Christmas and New Year holiday season sees the most private flights. Here’s a look at what this means if you plan to charter, or use your jet card or fractional program.
VistaJet has seen a rapid acceleration in corporate demand as a result of the COVID-19 pandemic. It has launched a new Corporate Membership offering a full suite of flexible travel solutions for businesses and executives around the world.
Jet Linx recently announced a fourth level of jet card membership for corporate travel, entitled the Enterprise Jet Card Membership. With the introduction of its new membership level, the company plans to provide a higher level of services and solutions optimized for corporate travel.