Fractional ownership of private jets and use of jet cards is increasing, according to private jet companies NetJets, Flight Options and Flexjet. The increase is coming from individual travellers where previously shared jets were originally used by smaller and mid-sized corporations. Flight Options reported a six-fold increase in fractional sales in the first quarter of this year compared to the same period in 2010, while sales of jet cards, a prepaid lease of flight time in 25-hour segments, rose 46%. Similarly Bombardier’s Flexjet, which operates its jet-card program through Jet Solutions LLC, has reported a 64% in fractional sales.
This content is restricted to site members.
If you are an existing user, please login below.
New users may register below.