Luxury Destination Clubs & Private Jets Guide and Reports

The Reasons to Use Private Aircraft During COVID-19

Private Jets

What Are Destination Clubs

Destination Clubs

How Much Does it Cost to Charter a Private Plane

Jet Charter

Jets & Planes

Anthony Tivnan, President of Magellan Jets, Discusses Covid, Growth and Travel…

Anthony Tivnan has over twenty years’ experience in private aviation and co-founded Magellan Jets in 2008. Through his leadership, Magellan Jets has seen significant growth and more recently has navigated the challenges of covid in the private aviation world. SherpaReport...

NetJets Planning to Restart Jet Card Sales
Fractional and jet card provider NetJets recently shared a review of 2021 and predictions for 2022, commenting on the “unprecedented flight demand” which “fueled extreme growth and innovation” but also “caused a ripple of new…
Jet Linx Resumes Jet Card Membership Sales
Private jet company Jet Linx had temporarily suspended jet card sales in October, to ensure its promise of providing guaranteed services to its members during the peak travel season. It has just restarted sales of…
The Costs to Own and Operate a HondaJet HA-420
The HondaJet has proven to be a popular light jet, since the first one was delivered to a customer in 2015. The updated HondaJet Elite was launched in 2018, offering a new Garmin G3000 flight…

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Destination Clubs

Equity Residences Has Record Year, Adds Homes

The luxury vacation home investment fund manager, Equity Residences, had a successful year in 2021. Its Equity Platinum Fund attracted a record number of investors who poured $18.7 million into the Fund. New homes additions during the year, mean the fund is over half way to its target of 25...

Equity Estates Launches Fifth Investment Fund
After recently selling out its fourth real estate investment fund, luxury destination club Equity Estates has announced a fifth fund (Fund V), which is raising $50 million and will buy…
Destination M – Through the Eyes of A Member
Luxury property club Destination M offers its almost 150 members a personalized experience and worry-free investment with its portfolio of 33 residences in locations throughout the Americas and Europe. We…
Inspirato Plans To Go Public Via SPAC
Luxury travel company Inspirato is planning to go public through a merger with Thayer Ventures Acquisition Corp. The transaction values the combined company at an estimated enterprise value of approximately…

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Jet Cards

Air Partner Launches New App, Adjusts Card for Demand

Private aviation company Air Partner has a new mobile app for members of its JetCard program. It is also increasing the notice period to request aircraft, is increasing the hourly rates on smaller jets and saying that for certain days over the end of year...

Vista Global Sees Highs At VistaJet and XO Brands
In the first half of 2021, VistaJet sold over 8,000 new annual subscription hours, an increase of 67% on 2020 figures and a 41% rise over 2019 levels. XO Deposit…
Wheels Up Active Membership up to 10,515
Private aviation company Wheels Up (NYSE:UP) reported its first set of results as a public company, following on from its SPAC listing. The second quarter revenue increased 113% year-over-year to…
NetJets Pauses All Jet Card Sales
As of today, NetJets says “all requests for the NetJets Card Program will be placed on a waitlist.” This temporary pause for all jet cards extends the announcement from only…

Fractional Jets

George Antoniadis on Growth at PlaneSense

SherpaReport sat down with George Antoniadis, the founder and CEO of PlaneSense, to discuss recent growth and expansion in their fractional aircraft programs. The company operates both the Pilatus PC-12 turboprop and PC-24 light jet and has been adding new aircraft to its fleet.

NetJets To Buy Up To 100 More Phenom 300’s
Aircraft manufacturer Embraer and private aviation company NetJets have just signed a deal for up to 100 additional Phenom 300 light jets, with a value in excess of $1.2 billion…
The Largest Fractional Aircraft Operators in 2020
The numbers from aviation services company ARGUS, show fractional aircraft operators flew 504,821 hours in 2020 a decrease of 115,467 hours (18.6%), compared to 2019. The number of actual flights…
NetJets Sees Increasing Flight Activity. Brings Back European Staff.
Just a few month ago, as the covid pandemic struck, NetJets said it was delaying aircraft orders and furloughing European staff, because flight volumes were depressed. But, in the space…

Whole Aircraft Ownership

Used Business Jet Sales Are Surging

In March this year, SherpaReport looked at how the market for new business jets showed signs of a strong recovery, from a pandemic induced fall in 2020. In this article, we follow up by exploring the current, booming state of the market for pre-owned business...

Tax Changes Impacting Aircraft Purchasers
The Tax Cuts and Jobs Act (Trump’s Tax Reform Act) was passed in December of 2017 and includes some significant changes that impact anyone buying a plane.
How To Select A Broker to Help Sell Your Jet Aircraft
It always amazes me just how many people are caught out when they make the decision to sell their aircraft, but when you look at the array of specialists offering…
Seven Mistakes When Buying An Aircraft
Acquiring your own aircraft takes some thought and planning. If you know what you’re doing and have a good team to help you, the process can go fairly smoothly. But…