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.
If you only fly a few hours a year then on demand aircraft charter is probably the best way to go. As your number of hours of private flying increases look at charter cards and fractional cards.
Once you reach about 50 hours of flying a year then fractional aircraft ownership can start to make sense and above 400 or so hours per year whole ownership is worth looking into.
One of the biggest changes in private flying is the introduction of "Very Light Jets" (VLJs). Several models of these smaller planes are coming into production and are giving rise to new air taxi services.
The latest news and research on private jets and aircraft is included below.
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Marquis Jet has ushered in a collection of four unique strategic partnerships and value-added offerings. These are aimed at enhancing the experience for their thousands of card owners and the members of their travel partners. |
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The Financial Times reviewed the latest results and happenings at fractional jet industry
leader Net Jets. |
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The Flexjet 25 Jet Card program and Jet Set Sports are teaming up to offer a limited-edition package at next year’s Olympic Winter Games in Vancouver. This special package is available to anyone who purchases the Flexjet 25 Jet Card—2010 Gold Edition. |
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Jet card sales continue to do well despite the economic downturn. Used much like a debit card, jet cards provide travelers with a pre-set number of private jet flight hours. Such programs are designed for those who travel between 10 and 100+ hours in a calendar year. |
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Flexjet, the fractional business jet ownership program of Bombardier, is rolling out a price reduction incentive program for owners making quick turnaround trips. |
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The US operator of the Avanti P 180 has announced a new product, which bridges the gap between fractional aircraft ownership and buying into a card program. |
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Prospective jet card owners can choose a split payment option and can customize their selection of any two aircraft from the Flexjet 25 full fleet. |
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The North American provider of fractional shares in the Piaggio Avanti P.180 aircraft is now offering a new 15-hour "Edge Card". |
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For a limited time, new Flexjet jet card holders can choose from one of six Expert Guide packages. The packages feature a range of expert guides in a variety of lifestyle categories. |
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The International Herald Tribune has an article on the growing popularity of private jet cards. It includes comparisons to some of the alternatives. |
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With commercial airlines downsizing their fleets and cancelling flights daily, airport
travel has become a nightmare. Chartering a private jet never looked more appealing.
There are several companies that offer jet card programs, but like any investment,
you need to do your due diligence before signing on.
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The recently launched airtaxi operator DayJet has announced that it will layoff nearly half its staff and ground over half of its fleet of Eclipse 500 Jets. |
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The recent bankruptcy filing for JetNetwork has an important lesson for folks putting down deposits on charter cards and fractional cards – do your due diligence. |
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The Virgin group established an Internet charter flight-booking portal last June with the take-off of Virgin Charter. The program's invitation-only beta version will expand this year to connect all interested travelers to private aircraft charter operators. |
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Very light jets (VLJs) are revolutionizing private flying, making it possible to travel for business trips or vacations at short notice and with great ease. Two companies, DayJet and LinearAir, have tapped into the opportunity to use VLJs to offer travelers in the private aircraft market personalized service with no more than three passengers on most flights. These "Air Taxis" are changing private flying as we know it, and here is a look at how they do it. |
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Cirrus Design has taken the initial wraps of its long expected small jet. This single engine plane, dubbed "the-jet", will have seating for up to 5 adults and 2 children. |
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In a sign of the continuing strength of private aviation Executive AirShare has expanded operations to four cities and assembled a fleet of 12 aircraft and 20 pilots. The fractional aircraft company serves owners in Kansas City, Mo., Wichita, Kan., Tulsa, Okla., and Ft. Worth, Texas. |
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The newly public AvantAir has recently partnered with Century Bank to offer a financing package for fractional aircraft buyers. |
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AvantAir was recently taken public through a takeover by a publicly listed (shell) acquisition company - Ardent Acquisition Corp. This makes it the only pure play fractional aircraft company that is publicly traded. |
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As very light jets start to become more widespread, we came across two that have their own very unique characteristics. One of them has been around for almost 50 years, the other one is due for first deliveries in 2008. Both of them have military and civilian guises. |
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