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Jetpool LLC, an aircraft management and acquisition company in North Carolina has ordered an undisclosed number of Freedom and Independence VLJ’s from Spectrum Aeronautical, which will lead them into the fractional market–with a twist.
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Sentient Jet Holdings is the new parent company of Scottsdale, AZ-based Southwest Jet. Southwest Jet began as a fractional jet provider in 1997 but changed its services to focus on charters (with a fleet of 14) and private jet management.
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Cleveland, OH-based Flight Options recently release data indicating the the top ten private air travel destinations for business purposes. The clear winner was New York City with more flights than to any other U.S. destination. The Big Apple leads the list in legs flown by more than double the second place holder, Los Angeles.
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NetJets, the fractional provider owned by Warren Buffet’s Berkshire Hathway, has recently announced some major expansion plans.
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NetJets recently announced the promotion of two key executives.
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Private or commercial? Commercial or private? There are pros and cons to both. Is the price of private flight worth the convenience? Is the hassle of commercial flight worth the savings? Now it might be possible to answer “yes” to both questions on the same day, thanks to JetCombo.
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Yet another private air charter provider has introduced a jet card program. Revolution Air now offers “The Revolution Solution,” their value-added version of pre-paid private flight membership.
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The price of ownership in a fractional jet is based, among other factors, on the purchase price of the specific jet from its manufacturer. Unfortunately for those considering private travel, share prices could increase due to “flipping.”
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