Flying » Fractional Jet Ownership

February 8, 2012
CitationAir Ceases Sales of Fractional Jet Shares
Cessna's CitationAir has stopped selling fractional shares as well as memberships in its Jet Access program and has ceased renewals for current customers. The Connecticut-based company–which is refocusing efforts on its jet card and jet management businesses–will honor existing fractional and Jet Access contracts until they expire.
February 3, 2012
Bombardier Rolls Out First NetJets Global 6000
Bombardier Aerospace and NetJets celebrated the rollout of the fractional provider’s first Global-series jet on January 31, a Global 6000 (neé XRS).
February 1, 2012
Can NetJets Europe defy the doubters?
Fractional aircraft ownership is a great American entrepreneurial idea that arguably hasn't traveled well. Fifteen years after its main proponent, NetJets, brought the concept to Europe, that company remains the only one to have achieved any lasting traction in the international markets that supposedly have a massive appetite for business aviation.
November 30, 2011
Vespa scooter
A fractional share can take care of your air travel needs, but how will you get to the airport? Avantair, which features Piaggio Avanti twin-engine turboprop aircraft, is offering what could be a fun solution: For a limited time, purchase a new 50-hour fractional share or Axis Lease Program from the Clearwater, Fla.-based company and it will give you a Vespa Scooter at no additional charge.
October 1, 2011
Each of the major companies in the fractional-share business claims to be number one at something, the point being that it is the smartest choice for you. We investigated some of these claims–all of which we found on the providers' Web sites–to see how well they stand up to scrutiny.
August 1, 2011
Zaher Deir, managing director of jet connections, claimed its program will ma
Perhaps you like everything about ­fractional ownership except the ownership part. You want to be able to count on having the same model aircraft for every flight and the idea of sharing expenses with others appeals to you. But maybe you can't come up with the cash to purchase a fractional share or can't use the tax benefits that accompany ownership.
June 1, 2011
Small operators don’t have as many resources as the big-four providers to hel
You're probably familiar with the four operators that dominate the fractional-jet-share business: CitationAir, Flexjet, Flight Options and–the biggest of the big, with more than half the market–NetJets. But if you're shopping for a share, those aren't your only choices.
May 31, 2011
You're probably familiar with the four operators that dominate the fractional-jet-share business: CitationAir, Flexjet, Flight Options and–the biggest of the big, with more than half the market–NetJets. But if you're shopping for a share, those aren't your only choices.
February 1, 2011
“Fractional is slightly more than 50 percent of our business,” said Citationa
Not long ago, the idea of selling fractional shares in business jets looked like a winner. Industry pioneer NetJets-which Warren Buffett had acquired for Berkshire Hathaway in 1998-appeared prosperous, and so did the several other companies that had formed to take advantage of the business model.
December 1, 2010
Providers generally charge a minimum of 60 minutes per flight. So If all your
If you're new to the world of fractional shares, you may well be confused about how these deals work and about the terminology you're hearing. Here are the answers to some frequently asked questions. How did the fractional-share concept get started?

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Quote/Unquote

“"I've got a list of corporations that have gotten out of their airplanes [because of criticism from politicians]. It is the stupidest thing I've ever seen. When you look at the time and cost savings; it does not make sense not to fly [privately]. You can't let public perception interfere with your business decision to fly. It either is a good business decision or it isn't."”

-business aviation entrepreneur Nick Popovich