Fractional Ownership

Explore the pros and cons of private jet charter vs. fractional jet ownership.

The move comes as the CEO of the fractional aircraft operator said the company is ‘facing financial pressure.’

The private aviation services provider, which counts NFL star quarterback Patrick Mahomes as a customer, snapped up 90 aircraft and 300 personnel from its rival.

New turboprop singles are part of an expansion plan focusing on Brazil.

After the fractional jet company ceased operations, its owners are now responsible for maintaining the airplanes.

Jet It fractional owners have options when it comes to navigating the company’s shut down.

As the fractional business jet operator shuts down contracts, owners are now tasked with deciding what to do with their aircraft.

This fireside chat recap is from FLYING’s “What’s Next in General Aviation” Virtual Event on Wednesday FIRESIDE CHAT TOPIC: Partners in Aviation is a different type of fractional aircraft program. Think of it as Match.com for business owners looking to add the right aircraft to their assets. DETAILS: Mark Molloy opens up about Partners in […]

New York City-based Wheels Up (NYSE:UP), a private member-based aircraft operator, saw record revenue growth of 113 percent in the second quarter of the year, the company announced Thursday. It also reported that membership has grown to more than 10,500, nearly double what it was the same time last year. Active users grew, as well, […]

Jet It and JetClub cofounders Glenn Gonzales and Vishal Hiremath have been recognized by Ernest and Young for starting and growing a hybrid ownership company based on the HondaJet series. The pair won the prestigious EY Entrepreneur of the Year 2021 Southeast Award. “An amazing recognition for the entire Jet It and JetClub teams,” Gonzales […]