Airshare, a growing private aviation company, has announced a new promotion for customers interested in its fractional ownership and EMBARK jet card programs. The promotion applies to the Challenger 3500, offering 20% in bonus flight usage during a customer’s first year.
Aircraft News
The idea of sharing aircraft goes back to Orville and Wilbur Wright's partnership. While the industry has offered many sharing options in the past, Partners in Aviation provides a unique sharing solution that addresses the needs of an important market segment.
As the name suggests, Partners in Aviation brings together two individuals or organizations interested in co-owning an aircraft. Their solution works best for those flying between 50 and 150 hours per year, a longstanding "doughnut hole" that PIA fills for a growing list of clients.
This new jet card provides access to Northern Jet's fleet of light jets and is good for customers traveling to or from Florida, the Midwest and the Northeast.
Private aviation operator flyExclusive is acquiring the aviation operations of Jet.AI. This will include five aircraft and related customers.
The combination is structured as an all-stock transaction and a key condition is that flyExclusive will receive net cash of at least $12 million.
The Super Bowl is always one of the busiest private jet weekends of the year and this years game saw the usual large influx of private flyers. Here’s a look at the number of jets flying in, a comparison to prior years and a review of the type of planes.
The One Card introduced last year with 275 days access to the Citation XLS is being renamed the Card275 and is now offered on a total of five aircraft models. The other NetJets jet card is now called the Card320 and offers 320 days of access each year on six different aircraft.
The vast majority of business jet flights in North America are under 1,000 nm (nautical miles). Only about 2% of flights are over 2,000 nm. The chart and table below, courtesy of WINGX, show how the length of flights has varied over the last six years. Further data show flights by duration.
Fractional jet operator Flexjet has signed a purchase agreement with Embraer Executive Jets. This new agreement, representing the largest order for both companies, includes a firm order of 182 aircraft and options on 30 additional jets, and an enhanced suite of services and support.
During the first quarter of 2025, private aviation provider Magellan Jets is offering to provide new jet card clients with additional peace of mind.
New clients who purchase and fund a jet card by March 31st, 2025 and complete their first flight within 30 days of funding their jet card, will have the ability to request a refund for the remaining portion of their jet card funds if anything about their first flight is less than perfect.
In the North American market, the top 15 charter and fractional jet operators accounted for 71% of all hours in 2024. The chart below, from WINGX, shows the hours for each of these top 15, together with the number of jets in their fleets. The top 5 operators have been growing their market share over the last 6 years.
Two leading fractional operators, USA based PlaneSense, and Europe based Jetfly, are partnering to provide mutual service to clients. Share owners in each program will be able to use their flight hours to fly on the other program’s fleet beginning April 1, 2025.
The fractional fleets in North America posted record levels of activity in 2024, based on data from WINGX. Last year was the first ever year in which fractional jet ownership, as a category, saw the most North American departures – more than corporate flight departments, charter or aircraft management companies. What’s more the fractional operators continue to add aircraft and to work their aircraft very hard, putting far more flight hours on each plane than any other operator type.
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