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.
VistaJet, a global business aviation company, is expanding into the United States market, and has announced partnerships with two US-based companies. Jet Aviation will handle US operations while Wheels Up will handle US sales.
In a continuing sign of the growth of private aviation, Sentient reported sales have reached levels not seen since before the peak of the financial crisis in 2008. With this increase in travel and client demand, Sentient has expanded its jet card offering by adding a 25-hour Super-Mid jet card and a 25-hour Heavy jet card.
Whether it's the customer service, privacy, time-saving, flexibility, public image, or the convenience of private aviation, those who choose to charter a private plane need to consider some factors before booking. Here are the steps to follow if you are considering chartering a private aircraft.
Directional Aviation Capital has announced it is purchasing Flexjet from Bombardier, Inc. The new owners are also placing the largest new-aircraft order in Flexjet's history, valued at approximately $5.2 billion for up to 245 Bombardier business jets.
Portsmouth, NH-based PlaneSense, an aircraft fractional ownership program, has recently celebrated some major business milestones. The privately-held company has not only surpassed 200,000 flights, on August 7th, 2013, they took delivery of their 49th Pilatus PC-12 from Switzerland-based Pilatus Aircraft Ltd. Delivery was made in a ceremony hosted by CEO George Antoniadis. The fleet of PC-12s owned by PlaneSense represents the largest fleet of civilian owned PC-12s in the world, and PlaneSense is the largest civilian operator of their type. Pilatus has now built 1,200 of the aircraft.
Flexjet, a major fractional jet ownership services provider, has just reported 96 percent growth of new fractional and jet card sales in the first half of 2013, compared to the first half of 2012. This annoucement follows the Q1 2013 announcement of new business growth of 83 percent compared to Q1 2012.
Recognizing that there is market demand in the private aviation sector for price-sensitive customers, Marquis Jet founder Kenny Dichter has just announced his latest venture, Wheels Up. Commencing operation on October 13, 2013, this membership-based private aviation company will be run by Dichter and co-founder and President David Baxt. According to Dichter, “The world is a different place compared to when Marquis Jet was founded in 2001. Customers want the advantages of private aviation but demand the utmost cost benefit, flexibility, simplicity and safety standards.”
In the cost of operating private aircraft, jet fuel is usually the largest variable factor. For instance, as we noted in our analysis of the operating costs of the Embraer 300, fuel is the largest variable cost - $1,292 per hour. The pricing per gallon of Jet A fuel can vary significantly, as can the typical burn rate. This article delves into the variances and burn rates.
If you own a fractional aircraft or are looking into fractional ownership, you'll probably come across references to FAR 91 Subpart K. These are the federal regulations that cover fractions. Here's an overview of the regulations to bring you up to speed with the most important aspects for fractional aircraft owners.
Many pet lovers choose to travel with their pets, and private aircraft, for a variety of reasons, are a better option for safe and comfortable pet travel. On a private jet, all pets, not just those small enough to fit under the seat, can travel in the main cabin, and they may also be able walk around unrestrained when the plane is at a comfortable cruising altitude.
Brazilian manufacturer Embraer introduced the Phenom 300 in 2009, and launched the enhanced Phenom 300E in 2017. Overall the aircraft has built a reputation for excellent performance and low operational costs, making it a consistent best sellerin the light jet category. This article looks through the various costs of ownership.
The large private aviation provider just reported new business growth of 83 percent when comparing Q1 2013 versus Q1 2012. SherpaReport spoke to Bruce Peddle, Vice President, Sales and Marketing, Flexjet to find the information behind the numbers.
The independent ARGUS rating system looks at an aircraft operators actual safety history, and produces a grade for that operator. If you're a potential customer of a jet charter company or fractional operator it's well worth asking about their ARGUS rating.
Whether you fly for business or leisure purposes, you can choose either private jets or commercial airlines to get from point A to point B. With many smart executives looking at private jet charters as the most comfortable and reliable form of transportation, here is a look at the pros and cons of commercial flights vs. chartering a private jet.
Supplemental Lift provides aircraft owners access to substitute aircraft when their own aircraft is not available. It can fill the gap if an aircraft is undergoing maintenance, or when a need arises for a simultaneous trip, or for flights that may originate or terminate outside a normal range or operating area.
Executive AirShare is a Kansas City, Missouri based company and the only "days-based" fractional aircraft provider. Serving the Central U.S. and also Great Lakes/Mid Atlantic area the organization has continued to grow, expanding into Austin, San Antonio and Houston as well as seeing a steady increase of shareowners. In 2009 Executive AirShare had 95 owners, and as of the end of 2012 that number had grown to about 140 shareowners.
Flight Options is the world's second largest private aviation company. SherpaReport recently talked to CEO, Mike Silvestro about the growth his company saw in 2012 and his views for 2013.
This new offering from Flexjet delivers special incentive jet card rates when traveling across the USA aboard Challenger 300 aircraft.