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, a directory of charter operators, and our Aircraft Buying Guide then sign up for membership.
The latest news and research on private jets and aircraft is included below.
Fractional aircraft operator NetJets has obtained purchase rights for 20 AS2 supersonic business jets. The two companies are also looking at further partnerships.
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 by the fractional operators dropped 22.4% in 2020 compared to 2019 flight levels. The largest operators are ranked and discussed below.
Last year, SherpaReport took a look at up-and-coming aviation company Jet It. The North Carolina company was established in late 2018 to offer fractional ownership of the HondaJet Elite aircraft. The company quickly garnered attention with its day-use model and its guaranteed residual values. This latest article looks at their continued progress and recent announcements for further expansion.
SherpaReport recently caught up with Ian Moore, the Chief Commercial Officer at VistaJet. We talked through the changes that VistaJet has seen over the last year, the effect of COVID, expectations for 2021 and advice for anyone looking at private aviation.
Having just launched in August 2020, the premium on-demand charter provider has seen rapid growth. FXAIR ended the year having arranged more than 4,000 premium on-demand charter flights for more than 8,000 passengers to 600 destinations.
If you are considering private aviation for your future travels, this article will give you a good introduction to chartering an aircraft for the first time.
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.