Magellan Jets, the Massachusetts-based airplane charter, sales, and management company, has introduced a fractional ownership program in collaboration with Slate Aviation.
With this new service, clients can own shares in Magellan’s Bombardier Challenger 850 fleet. The goal is to provide guaranteed access to jets, predictable pricing, and unparalleled flexibility, catering especially to private clients based in the Northeast and Southeast United States.
The new program offers routes spanning the U.S., Canada, and the Caribbean.
Fractional owners receive significant credits and benefits, including guaranteed repurchase terms. Shares start at 60 hours annually for a three-year term length, with supplemental lift advantages and rollover flexibility in the event of underflown and overflown hours.
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Bombardier Challenger 850’s Luxurious Appeal
The Bombardier Challenger 850, known for its status as one of the most spacious and luxurious heavy jets, is central to this program.
Accommodating up to 19 passengers, these jets provide expansive cabin space, a fully equipped galley, and ample luggage capacity. The interiors, which are brand new, cater to a range of clients from business travelers seeking productivity to families desiring comfort and privacy.
Slate Aviation has added premium amenities like gourmet dining, top-shelf refreshments, and high-speed Wi-Fi, ensuring an exceptional flight experience.
“Our team is dedicated to delivering seamless, personalized solutions that meet the unique needs of every client,” said Anthony Tivnan, founder and president of Magellan Jets. “The launch of our fractional ownership program is an exciting milestone, offering clients even greater flexibility and peace of mind—all under the trusted Magellan Jets umbrella.”
Forward-Thinking Collaboration
The joint effort between Magellan Jets and Slate Aviation showcases an asset-light approach, leveraging both companies’ strengths to redefine private travel through innovation and luxury.
“Our joint venture with Magellan Jets perfectly aligns with Slate Aviation’s vision of redefining private travel through innovation, luxury, and unwavering safety standards,” said Heather Maguire, co-CEO of Slate Aviation. “By combining Magellan Jets’ commitment to tailored client experiences with Slate Aviation’s operational capabilities, we are proud to deliver an unparalleled level of service to fractional owners.”
Looking Ahead
Amid unprecedented demand, Magellan Jets is actively selling shares, with plane deliveries scheduled to begin shortly. This ensures early buyers can swiftly reap the benefits of this groundbreaking program.
For more details on the fractional ownership offering, visit Magellan Jets’ official website.
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