AIN is proud to announce the winner of the 2021 Top Flight Awards Charter, Fractional, or Jet Card Innovation category: Jet It
North Carolina-based Jet It is a fractional-ownership and aircraft management program that flies a fleet of 15 HondaJets—and recently expanded to Europe with a sister brand called Jet Club. The European launch comes after Jet It recorded 400 percent year-over-year growth in the U.S.
Jet It uses a hybrid-fractional-ownership model based on days, not hours, and customers get the aircraft for the entire day at a flat rate of $1,600 dollars per flight hour. The number of days customers can use the aircraft varies with the size of share purchased. A one-tenth share entitles the owner to 25 days while a one-half share bumps that to 130 days.
For owner pilots with a type rating in the HondaJet, either PIC or SIC, they can join the Jet It “Red Jet Squadron” and fly with a company captain while building time and experience toward insurance requirements.