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, and a directory of charter operators, then sign up for membership.
The latest news and research on private jets and aircraft is included below.
Several private jet companies have announced fleet expansions, indicating that business jet travel is increasing as the US economy rebounds from a recession. ARGUS' TRAQPak reports show only a slight increase (4.3 percent) in business flights in 2010 yet spokespersons for several fractional jet and charter jet companies say they are seeing convincing interest from business owners who are looking for products that meet their needs:
In a recent interview in magazine Aviation Week, Netjets CEO David Sokol, stated that Netjets “added 100 net fractional share owners last year.” This was a turnaround from 2009 when the net number was down by 82.
In 2001 Kenny Dichter started the The Marquis Jet Card program, to provide individuals and corporations with access to the NetJets fleet, with a commitment of just 25 hours at a time. With this recent acquisition, Marquis Jet becomes a wholly-owned subsidiary of NetJets.
This holiday season, purchasers of the FlexJet “Napa Valley Edition” jet card will be treated to a rare opportunity to attend an intimate culinary experience with Chef Masaharu Morimoto, along with a pair of all-inclusive passes to Auction Napa Valley, the must-attend wine charity event of the year.
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.