Fractional ownership

September 28, 2011 - 5:23am

Providing you with the best information available on business jet travel is by far our most important goal here at Business Jet Traveler magazine. As we work our way through meeting after meeting, draft after draft and plan after plan, what motivates us is helping you get the most out of private air transport.

August 29, 2011 - 10:10am

The Latin American Business Aviation Conference & Exhibition in São Paulo last month marked the dawn of fractional jet ownership in Brazil, with two companies launching programs.

July 28, 2011 - 8:30am

Britain’s Office of Fair Trading (OFT) has said that it will not continue to investigate a complaint made against NetJets Europe because it has insufficient resources to do so.

June 29, 2011 - 5:14am

Flight Options launched a new membership program for its Embraer Phenom 300s that combines the advantages of fractional ownership with the flexibility of a jet card. The new Flight Options Jet Club Membership program, which offers members access to the Phenom 300 without the asset purchase or monthly management fees, has two levels: 75 or 150 hours of flight time in the Phenom 300, to be used anytime within the 36-month membership period.

April 27, 2011 - 6:20am

Avantair now offers leasing of fractional shares of Piaggio Avanti turboprops. The new Axis lease program allows buyers to lease a share of a fractional Avanti; this is a true lease, not a block-charter program.

April 14, 2011 - 10:00am

Cleveland-based Flight Options said it saw renewed interest in fractional share and jet card (JetPass) sales during the first quarter, noting that net share sales doubled from a year ago while JetPass sales climbed by 46 percent. Flight Options officials declined to specify the exact number of net fractional shares sold, but did say that first-quarter gross share hour sales grew significantly from 225 hours last year to 1,275 hours this year.

April 12, 2011 - 10:45am

Cleveland-based Flight Options today announced 467-percent and 46-percent year-over-year growth in fractional share and jet card (JetPass) sales, respectively, during the first quarter. In addition, fractional utilization in the quarter climbed by 8 percent from a year ago, while JetPass flight revenue hours rose 35 percent.

March 30, 2011 - 1:40pm

As they start to see growing demand, fractional aircraft providers are beginning to recall furloughed pilots to fill cockpit vacancies. Last month, Cleveland-based Flight Options recalled eight furloughed pilots to fill open seats in its Citation X fleet.

March 10, 2011 - 11:04am

As they start to see growing demand, fractional aircraft providers are beginning to recall furloughed pilots to fill cockpit vacancies. Yesterday, Cleveland-based Flight Options announced it is recalling eight furloughed pilots to fill open seats in its Citation X fleet. “We are extremely pleased to be able to announce the recall.

 
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