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

New Record Levels of Private Aviation Flights

Private aviation flight numbers started to hit new highs earlier in 2021. The most recent figures show record setting days over Thanksgiving weekend and a record month. Growth is expected to continue.

Wheels Up Vision for a Private Aviation Marketplace
Over the last few months, Wheels Up executives have been presenting and discussing plans for their vision to create a “Marketplace” for private aviation. SherpaReport sat in on the presentations and talked to company executives…
Record Demand And The Challenges In Private Aviation
Private aviation is going through an enormous imbalance of supply and demand. Lots of people want to fly privately, but there just aren’t enough aircraft. Adding to this are various supply chain problems, service issues…
Flexjet Expanding Fleet by 40%
One of the leading private aviation companies, Flexjet, is planning a 40% increase in the size of its fleet by the end of 2022. It is also growing its staff numbers and expanding its ground…

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Destination Clubs

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 recently spoke to one of the club’s members to get a personal insight into his reasons for joining and his...

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…
Equity Estates Adds Multiple New Homes & Starts Waitlist
The manager of several luxury vacation home funds has seen significant growth and interest over the last year. The new investors joining the latest Fund IV have allowed Equity Estates…
Equity Residences Adds Vacation Homes in Vail, Colorado & Little Exuma, The Bahamas
The two new additions to Equity Residences’ Equity Platinum Fund portfolio expand travel options for investors who enjoy mountain and beach vacations. The private equity fund continues to grow with…

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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…