Premier Private Jets is a vertically integrated private aviation company providing on-demand charter, jet cards, aircraft management, and maintenance, and fixed base operator (FBO) services. Its fleet of light and mid-size jets primarily operates east of the Mississippi. SherpaReport spoke to Stephen West, Senior VP at Premier, about the company's services, products and evolution.
Aircraft News
Flexjet just opened a new terminal at Farnborough airport. The building includes a new European operations center and an extension of its Red Label Academy. SherpaReport toured the new building during the opening ceremony.
Flyte is a regional private aviation operator built around the Cirrus SF50 Vision Jet, targeting missions up to the 400–500 nautical mile range and flight times of roughly one to one-and-a-half hours. The two initial operating areas are in the Northeast US and Florida and the Southeast.
The company has historically focused on wholesale flying - providing lift to other operators and partners - but is now transitioning into and expanding its retail offering directly to end clients. SherpaReport spoke with Flyte's Founder and CEO, Marc Sellouk.
Looking at data from market intelligence provider WINGX, shows that over 25% of private jet flights are flown by aircraft that are at least 21 years old. So, if you’re flying on a private jet, there’s a 1 in 4 chance that the plane is over this age.
Here’s a look at flights by aircraft age and how this varies by provider type.
Two of the largest aircraft management companies, Solairus Aviation and Clay Lacy Aviation, are combining to produce the world’s largest managed fleet of more than 500 aircraft.
NetJets, the largest private aviation company, has paused all new sales of its 25-hour jet cards and its 25-hour per year leases, noting record-high retention rates and market demand for its fractional shares. Current holders of cards and leases can renew these products.
The number of business jet flights has continued to grow in 2026, with data from WINGX showing 1.95 million worldwide departures in the first six months of 2026, this was up 4% on departures in the first half of 2025. The detailed analysis also looks at which parts of the world are seeing the most growth and which types of operators are growing.
Sales of preowned business aircraft are up 6% compared to the first half of 2025, according to data from AMSTAT. At the same time, the inventory of available aircraft for sale has also dropped. Here are details on the market highlights by model, including observations from the International Aircraft Dealers Association (IADA).
The new financing program, underwritten by private credit firm KSD Capital, lets qualified individuals and businesses finance Pilatus PC-12 and PC-24 fractional shares with as little as 30% down.
The private aviation company has added to its Private Advantage Card program with a new heavy jet option, aimed at clients seeking greater cabin space and longer-range capability. In addition, the company just added a Gulfstream G550, its first ultra-long-range aircraft.
Flexjet has entered into an agreement with Gulfstream granting it exclusive rights as the only fractional provider to receive new Gulfstream G500 and G700 aircraft. The first G500 has just been added, while the first G700s were added in 2025.
The G500 will begin replacing the G450 as Flexjet's flagship large-cabin jet, adding fuel efficiency and range to that segment of the fleet. The modernized G500 is 33% more fuel-efficient than the G450 and able to fly nearly 1,000 nautical miles farther on the same amount of fuel.
Flight data from WINGX shows a boost to business jet traffic during the opening days of the 2026 FIFA World Cup.
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