Fractional Home News

Overview of Fractional Aircraft Ownership

Fractional Jets

An Introduction to Flying on Private Aircraft

Private Jets

What Are Destination Clubs & Residence Funds

Destination Clubs

Jets & Planes

VistaJet Record Revenue. FT Questions “Debt-fuelled Ascent”

Vista Global Holdings, parent of VistaJet and XO, grew revenue to about $2.5bn in 2022 and says expansion has continued with “high double-digit revenue growth” producing a record first quarter in 2023. However the Financial Times (FT) recently reported on...

Pilatus Supplies the 2,000th PC-12 to PlaneSense
The first iteration of the PC-12 single engine turboprop was approved in 1994. Manufacturer Pilatus just had a handover ceremony for the 2,000th PC-12 which was sold to fractional operator PlaneSense, its longstanding US customer…
Private Jet Charter Rates Dropping in USA
The cost to charter a private jet in the United States has been dropping, across all cabin classes, since the peak levels in mid-2022. SherpaReport looked at data from charter marketplace provider Avinode, to assess…
Magellan Jets Lowers Jet Card Prices
Private aviation solutions provider Magellan Jets offers both model specific jet cards and also category cards, as well as providing membership options. It has just lowered the hourly rates on its cards and memberships.

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Destination Clubs

Why Members Joined Exclusive Resorts

SherpaReport looked at why families had opted for the personalized and ultra-private experiences of Exclusive Resorts. These families talked about all aspects of club membership, from the predictability of the Club’s fixed pricing model to leaving a lasting legacy of travel.

HomeSlice Launches the Destination Home Collection - Co-Ownership of Ten Vacation Homes
HomeSlice has launched the HomeSlice Destination Home Collection, a co-ownership opportunity across a diverse portfolio of ten vacation residences in top tier, stateside destinations. Members enjoy 28 nights of travel…
Inspirato Launches JauntLiving and Inspirato for Good.
The people at luxury travel club Inspirato understand how difficult it can be to leave one of their luxury vacation properties after just a week of rest and relaxation. They…
Further Growth at Destination M With New York Home
The Calgary headquartered equity destination Club, Destination-M, is excited to announce that it has recently closed on an offering to new shareholders, and as a result has added a new…

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Fractional Jets

Top Trends in Fractional Jet Ownership for 2023

Fractional aircraft flights reached a new record level in 2022, with hours flown growing even more than charter flights or wholly owned flights, according to data from ARGUS TRAQPak. These figures confirm the trend of significant growth across the whole of private aviation in the...

The Largest Fractional Aircraft Operators in 2022
The fractional aircraft operators in North America flew over 833,000 hours in 2022. This was an increase of more than 7% compared to 2021, and up about 65% compared to…
Volato Orders 25 New HondaJets. Brings Total Over 40.
Fractional jet and jet card provider Volato has ordered another 25 HondaJets. This new order will bring the total fleet to over 40 of these light jets. The new order…
NetJets Orders Four Ultra-Long-Range Global 8000 Jets
NetJets, the largest private aviation company, is the fleet launch customer for Bombardier’s Global 8000 jet, with a firm order for four aircraft and conversion of eight existing orders. The new…

Jet Cards

NetJets Does Limited Restart on Jet Card Sales

The largest private aviation company is restarting sales of its 25-hour jet card. But new sales are limited to existing owners.

Vista Sees 43% Member Increase in H1 2022
Vista Global Holding (Vista), one of the world’s leading private aviation companies, reported record sales across Vista’s core subscription offerings. Vista says client demand continues to grow for both VistaJet…
Volato Adds Jet Card on HondaJet
The new jet card program from Volato offers some unique features, that could be very appealing for anyone willing to be flexible with their private flying, and for whom the…
Andy Priester Discusses Relaunching a Jet Card Program
Priester Aviation, one of the most experienced private aviation companies, specializing in aircraft management, jet charter and aviation consulting, has just relaunched its 25 hour Centerline Jet Card program. SherpaReport…

Whole Aircraft Ownership

Corporate Jet Service - Freedom by Four Corners Aviation

Four Corners Aviation offers a novel program for companies that fly over 200 hours a year and want access to a corporate aircraft. The program really works for organizations that recognize the value of private aviation but that don’t want the upfront capital expenditure of...

New Guide to Buying a Private Aircraft
The new SherpaReport Aircraft Buying Guide is geared towards people looking to buy larger turboprop and jet aircraft, as well as those exploring the idea of acquiring their first piston…
Used Business Jet Sales Are Surging
In March this year, SherpaReport looked at how the market for new business jets showed signs of a strong recovery, from a pandemic induced fall in 2020. In this article…
Tax Changes Impacting Aircraft Purchasers
The Tax Cuts and Jobs Act (Trump’s Tax Reform Act) was passed in December of 2017 and includes some significant changes that impact anyone buying a plane.

Details: Category: Fractional Home News; Published: 02 December 2014

One of the newest fractional properties available is the Grand Casia Rubia, located in Puerto Escondido on the Pacific Coast of Mexico. Boasting 6 bedrooms, 4 that are oceanfront, and 7 bathrooms along with professional staff, this oceanfront residence will have a total of just 13 owners.

Details: Category: Fractional Home News; Published: 29 July 2014

Elite Alliance, an exchange provider that works with residence clubs and professionally-managed vacation homes, has just announced a partnership with Utopian luxury vacation homes. The partnership will offer exchange opportunties and discounted rates at Utopian's properties to Elite Alliance members. In addition, Elite Alliance will serve as the exclusive exchange provider for Utopian's homeowners.

Details: Category: Fractional Home News; Written by Nick Copley; Published: 10 October 2013

Luxury home exchange company, 3RDHOME enables second home owners to exchange time in their home for stays at premier luxury destinations worldwide. They have added over 20 developments and fractional residence clubs to their affiliate offerings for members.

Details: Category: Fractional Home News; Written by Nick Copley; Published: 29 March 2013

Founded by Wade Shealy in 2010, this new luxury home exchange company offers second homeowners the chance to trade time in their own home for vacations around the world. In just two years it claims to have saved its members over $10 million in rental fees.