This year VistaJet completed its transition to an all large cabin and long range fleet of Bombardier Challenger and Global jets. The company has seen impressive overall growth of 17% in flights, with flights in North America increasing by 159%.
Having fast communications to the cabin, is an essential tool on board todays private aircraft. There are numerous choices for the services, technology and hardware. Options include varying degrees of bandwidth from satellite networks or air-to-ground services, coverage areas, security levels, operational features and the all-important terminals, antennas, routers and wireless access points. This article walks through the services, the providers, the equipment and considerations for choosing the best option.
When the economy took a dive in 2007/8, there was a noticeable decline in the fractional home market. The luxury of purchasing a share in a second home was a financial risk too great for many. Even when the housing market and other economic indicators started to improve again, the fractional market remained weak. However, that seems to be changing. Recent reports indicate a definite rebound in the market. We talked to management and owners at several high end private residence clubs to learn more about why sales are back up and why people are attracted to buying a share of a property.
Luxury destination club Inspirato has announced the arrival of a new membership option. It has a lower initiation fee than the Core membership level, and provides access to all the club homes.
With the US dollar having strengthened recently, the Canadian and European based destination clubs are much better value. Over the last couple of years the dollar has gained 20% to 30% in value against the Euro and the Canadian dollar, making these clubs that much cheaper in US dollar terms.
The equity destination club, Equity Estates, is building a new home for its investor members and has another home available for them during construction.
The Equity Villa Fund has recently acquired its latest home, located on Captiva Island on the Gulf Coast of Southwest Florida. You can meet the funds Managing Directors in New York on 17th November.
When you choose to travel on private aircraft, there are certain benefits that you expect to receive with every flight: the convenience and time saving factors of skipping long lines at commercial aircraft gates, the higher quality of service, a greater degree of travel privacy and flexibility, and of course the air of success that accompanies private jet travel. There is no doubt that these are all hugely attractive factors, no matter which aviation company you travel with.
As the largest private aviation operator, NetJets aims to go even further, offering a huge variety of lifestyle benefits that continue long after the plane has landed. In this article, we will take a look at the many perks that come with NetJets membership.
Exclusive Resorts recently announced the addition of a new European Villa Collection to their already impressive portfolio of more than 400 vacation properties. European Villa Collections have been made available in the past for limited summer use, and they have proven very popular with Exclusive Resorts members. The 2016 collection includes some previous favorites, as well as some new additions.
Destination club M Private Residences has partnered with Seekda to provide its members with a curated portfolio of certified and professionally managed exclusive vacation homes, villas and hotels. This provides members with even more vacation options around the globe.
In order to increase the luxury travel options for their respective members, 3RD HOME and Equity Residences are opening up their respective locations to the other clubs members.
If you're in the market to buy a new aircraft, or even if you're just looking to charter a plane, the fuel burn rate is an important factor, along with the size, range, specs and so on. When buying a car, the fuel efficiency is easily determined and stated in the vehicle specifications. For aircraft, it is not so simple. And yet, the fuel costs can be 50% or more of the annual operating costs, running from hundreds of thousands of dollars a year for a light jet, to millions of dollars a year for heavy jets.
Flexjet joined the Directional Aviation Capital fold about 18 months ago and since that time has been undergoing quite a transformation. We recently caught up with Christopher Bero, SVP Marketing at Flexjet to talk through all the changes that the company has been putting in place.
Inspirato wants to make sure that its members are impressed with more than their array of destinations and properties. So like many destination clubs they have two key types of staff on their member services team, who help with all aspects of travel. A Member Services Coordinator helps with planning and recommendations beforehand and an Onsite Concierge takes care of members during their stay.
The term "memberships" gets used a lot when referring to private aviation companies and the products that they offer. This article looks at the variety of different products that are referred to as "memberships" and will give you some clarity, so that you can understand whether a membership is right for you.