Private Jets: 4 Leaders in Fractional Flying
Today, Flexjet customers can purchase shares in various Learjets [now owned by Bombardier] and Canadair [another Bombardier make] aircraft. In 1997, Bombardier bought out AMR Comb's share and renamed the company Flexjet. During the time you are actually flying -- and also for a predetermined amount of time before takeoff and after touching down -- you will be assessed hourly charges to cover catering, maintenance, fuel, and landing fees. Monthly charges will be billed separately and include. When you purchase your share, how long do you actually own that share? Is it renewable and for how much? Is there any additional outlay in capital for you during the time that you own a share.
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A Look at Fractional Jet Ownership
Fractional jet ownership is provided by a number of companies, including Cessna's CitationShares, Bombardier's Flexjet, and NetJets, the company that started the trend. CitationShares and Flexjet are owned by aircraft manufacturers, their respective fleets composed mainly (if not entirely) of the planes they make. The big three, NetJets, CitationShares, and Flexjet, offer excellence in each, but some newer fractional start-ups may not be up to snuff. The Marquis Jet Card starts at $109,900 for 25 hours in a Cessna Citation V. Fractional shares start at 1/16 of a share, which can be as low as $369,875 in a Hawker 400XP.
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Leading Private Jet Charter Operators
A third option is to approach one of the private jet aircraft brokers who will arrange the trip for you. Chief amongst these types of providers are. Chief amongst these specialized providers are. These are no King Airs, Lears, and Westwinds you will be flying. In each case you get the security of having two highly trained FAA licensed pilots and you can opt for a corporate flight attendant to provide cabin services and safety assistance.
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