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

The Ten Largest Private Aircraft Operators in 2022

The largest business aviation operators in 2022, together with their flight hours for 2022 and 2021 are listed and discussed below - the data is courtesy of ARGUS. The list is a mix of fractional operators and charter operators.

Record Private Flight Numbers In 2022.
The overall number of business aviation private flights was up 5% in 2022, compared to 2021, to reach a new record level. There was growth in all categories from Part 91 whole ownership, to Part…
Magellan Jets Opens 1st Private Terminal. Starts Aircraft Sales & Management Division.
Private aviation provider Magellan Jets is launching a new aircraft sales & management division which will assist prospective and current aircraft owners with the purchase, management, and optimization of their assets. Magellan has also opened…
Can Elon Musk, Or Anyone Else, Avoid Private Jet Tracking
The feud between the Elon Musk and the student Jack Sweeney, has received a lot of publicity. Sweeney runs various @elonjet social media accounts, that report on the flights and locations of Elon Musk’s Gulfstream…

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Destination Clubs

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 property at Central Park West in New York.

Equity Estates and the Introduction of Fund VI: The Philip Mekelburg Interview
Equity Estates recently launched its sixth luxury vacation residence fund. Philip Mekelburg is the founder and CEO, a graduate of Cornell University and before Equity Estates he held various roles in…
Equity Residences Acquires Two New Homes
Equity Residences has announced the acquisition of the first two homes for its new Equity Platinum Fund 2. The homes are in Punta de Mita, Mexico and Reserva Conchal, Costa…
James Henderson, CEO, on the Exclusive Resorts Travel Club
James Henderson, the CEO of Exclusive Resorts talked to SherpaReport about the club, its portfolio of vacation residences and travel experiences and how it has grown and evolved over the…

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Fractional Jets

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 is for the latest HondaJet Elite II.

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…
Airshare Phases Out Phenom 100. Adds More Challengers.
Kansas City based private aviation operator Airshare has seen significant growth over the last few years. It is phasing out the smaller Phenom 100s, adding super-mid Challenger 350s and increasing…
flyExclusive Orders Cessna Citation XLS Gen2 and Citation Longitude Business Jets
Textron Aviation, manufacturer of Cessna business jets, announced it has entered into a purchase agreement with Exclusive Jets, LLC, operating as flyExclusive, for up to 14 additional Cessna Citation aircraft…

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.