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Fractional ownership of aircraft is an arrangement in which multiple owners share the use and costs of purchasing and operating an aircraft. Several management companies provide fractional ownership programs for aircraft, including NetJets, Flexjet, Cirrus Aviation Services, and AirSprint.
Flexjet's fractional owners are 80% Fortune 500 companies and 20% high-net-worth people, Sibilla said. First launched in June 2019, the dual-engine Praetor lists for about $23 million. Taylor ...
Over 200 Challenger 350 were delivered by December 2017, adding to around 450 Challenger 300 deliveries. [2] The 350th Challenger 350 was delivered in July 2020. [3] By the 2020s, second-hand Challenger 300s typically cost from $7 million to over $20 million. [41] During 2021, Bombardier's list price for a new Challenger 350 was $26.7M. [42]
By 1998, doing business as Business Jet Solutions, Flexjet had 41 aircraft, including the Learjet 31A, Learjet 45, Learjet 60, and Challenger 600 series, serving more than 200 clients. [6] At one time, Flexjet offered not only fractional ownership and jet card but also aircraft charter services. Flexjet entered the charter market in 2000 when ...
The fractional ownership jet card—fractional jet cards, such as those offered by NetJets or FlexJet, offer prepaid hours of occupied flight time, sold in the form of a sublease of a fractional jet share. Operators such as FlexJet give fractional jet owners the ability to sell unused flight hours in the form of fractional jet cards, with ...
XO (formerly XOJET) is a US-based private aviation company and subsidiary of Vista Global with its headquarters in Fort Lauderdale, Florida.XO, with a worldwide fleet access of more than 1,450 private aircraft, offers clients on-demand private jet charters with fixed-price membership programs as alternatives to jet cards and fractional ownership of aircraft.
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