Skyshare, a fractional private aviation firm, recently introduced its SFX-12 program, based on the Pilatus PC-12. This new program complements the other fractional offerings from Skyshare. It offers a cost-effective and flexible solution for entrepreneurs and other business leaders looking for one of the most affordable fractional programs.
Aircraft News
FXAIR is a growing provider of on-demand jet charter services and a member of the Directional Aviation family of companies. Since its founding in 2020 it has grown significantly. SherpaReport recently caught up with FXAIR President Gregg Slow.
Over the next three years, private aviation provider Wheels Up is planning to transition from four different types of jet aircraft to just two: the Phenom 300 Series and Challenger 300 Series. To kick off this transition it is acquiring GrandView Aviation and has arranged financing from Bank of America.
At last month’s NBAA-BACE trade show Rollie Vincent of JetNetIQ presented the latest data on both used private jet sales and the forecast for new aircraft sales. Overall, the pre-owned market is coming closer to rebalancing, while the order books for new aircraft remain at high levels of over $50bn.
Honeywell published its 33rd annual Global Business Aviation Outlook which projects 8,500 new business jet deliveries valued at $280 billion over the next decade. In addition, the survey shows that business jet manufacturers have ongoing plans to ramp up production in response to strong backlogs and stable book-to-bill ratios.
Fractional aircraft ownership has become a popular alternative for those seeking the benefits of private aviation without the full financial burden of owning an entire plane. However, determining if fractional ownership is the right fit for your needs requires careful consideration.
Private aviation provider Flexjet is to launch a new private terminal at Farnborough Airport, the largest business aviation airport in the UK. This will complement the private terminals that the company operates at key airport locations across the USA.
Private aviation co-ownership provider Jet OUT, is opening a new Fort Lauderdale-Hollywood International Airport (FLL) base, has added two brand-new Citation CJ4 light jets and is building a state-of-the-art private terminal at Waukesha County Airport (UES) in WI.
Private aviation company Airshare is expanding the primary service area for its day based fractional ownership, lease and jet cards customers. All current and future customers can travel in the lower 48 states with no repositioning fees.
Private aviation operator flyExclusive has entered into an Aircraft Management Services Agreement (“AMS”) with Volato Group, the largest HondaJet operator in the United States. As part of the overall deal, flyExclusive also has the option to buy Volato over the next twelve months.
SherpaReport is attending the Corporate Jet Investor (CJI) Miami conference in November. The event is taking place from November 11-13, 2024 at the Fontainebleau Miami Beach.
Magellan Jets, a provider of private aviation solutions, has refined its jet card products with generally lower hourly rates, fewer advanced booking days and a bigger discount for round trips. They have also been through an audit and become a certified WYVERN Wingman Broker.
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