|
Jet Card
A jet card is a private aviation product that enables holders to use different aircraft at agreed-upon fixed hourly rates. Jet cards are offered by large and small fleet operators and charter brokers. There are as many as 65 variables between jet card companies, according to Private Jet Card Comparisons, a buyer's guide to jet card programs. Traditional jet card programs are prepaid hours of occupied flight time on a given aircraft or size of aircraft. Some programs include not only jets, but turboprops. The term "jet card" can also refer to prepaid private jet charter programs that have similar attributes. Notable jet card providers include Air Partner, Airstream Jets, Flexjet, Marquis Jet (NetJets), and Wheels Up. Jet card history The first jet card was created in 1997 by Paul A Svensen, the founder of Sentient Jet, a charter broker located in Quincy, Massachusetts. The jet card was developed in response to the highly popular fractional ownership programs of the time offered b ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Aviation
Private aviation is the part of civil aviation that does not include flying for hire, which is termed commercial aviation. In 2022, private air travel was noted as increasing. Definition Private aviation and commercial aviation are not rigorously defined. In general, private aviation is regarded as flights that do not require a commercial pilot licence (CPL) or higher. Some commercial activities do not require a CPL, for example in Europe a flight instructor may have a private pilot licence (PPL). Nonetheless, in the United Kingdom flight instruction is considered a commercial operation. In most countries, private flights are always general aviation flights, but the opposite is not true: many general aviation flights (such as corporate and business aviation) are commercial in that the pilot is hired and paid. In private flight the pilot is not paid, and all aircraft operating expenses are generally paid by the pilot. In some countries such as the United States, aircraft opera ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Air Partner
Founded in 1961, Air Partner is a global aviation services group providing aircraft charter services and aviation safety & security to industry, commerce, governments and private individuals across the world. Air Partner Charter offers Group Charter, Private Jets, Freight and other Specialist Services such as Tour Operations, Air Evacuation, Aircraft Sales & Leasing and Flight Operations. Charter work represents Air Partner's largest income stream at 87% of the group's profits. Air Partner Safety & Security services span consulting, research, training and managed services. With its headquarters located alongside Gatwick Airport in the United Kingdom, the Group employs 400 workers. In April 2022, Air Partner group was acquired by Wheels Up and delisted from the London Stock Exchange. History Air Partner was founded in 1961 by Tony Mack Senior, trading as Airways Training. It began as a school for military pilots converting to civilian flying using flight simulators and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Airstream Jets
Airstream Jets, Inc. is a private jet charter company founded in 2008 with headquarters in Boca Raton, Florida. The company is a member of the National Business Aviation Association (NBAA). The company is known for its Distance Card jet card program and its on-demand private jet charter services. The Distance Card sells aircraft flights based on distance flown, rather than on hours as most other charter operators do. Pricing for Distance Card users is based on an algorithm that takes in a variety of factors and also provides pricing for 250 international destinations. History Airstream Jets was founded in 2008 by Peter Maestrales. In 2019 Airstream Jets expanded to the Northeast U.S. with the opening of an office at Signature Flight Support's south terminal at Teterboro Airport in New Jersey. Services Airstream Jets specializes in providing aircraft and crews for on-demand private air charter, pro & collegiate sports team travel, VIP airliner charter for international delega ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Flexjet
Flexjet is an American provider of fractional ownership aircraft, leasing, and jet card services. Founded in 1995 as a division of Bombardier Aerospace, it is currently owned by Directional Aviation, an aviation private investment firm. Background Flexjet is a provider of fractional jet ownership, leasing, and jet card services as well as private helicopter fractional, leasing and charter services. Directional Aviation, the private investment firm founded by aviation entrepreneur Kenn Ricci, has owned Flexjet since 2013. Headquartered in Richmond Heights, Ohio, Flexjet is led by Ricci, its chairman, and by Michael J. Silvestro, its chief executive officer. Flexjet is one of the largest fractional private jet companies. The company serves over 2,100 clients. History Founded in 1995, Flexjet entered the fractional jet ownership market as a division of Bombardier Aerospace, the world's largest business aviation manufacturer and itself a division of Bombardier Inc. By 1998, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NetJets
NetJets Inc. is an American company that sells Fractional ownership of aircraft, fractional ownership shares in private business jets. Founded as Executive Jet Airways in 1964, it was later renamed Executive Jet Aviation. NetJets became the first private business jet charter and aircraft management company in the world. It launched its fractional ownership business in 1986 and became a subsidiary of Berkshire Hathaway in 1998. History 1960s The company was founded in 1964 and originally known as ''Executive Jet Airways''. The name was later changed to ''Executive Jet Aviation'' (EJA), and again in 2002 to NetJets, after Berkshire Hathaway purchased it in 1998. NetJets was the first private business jet charter and aircraft management company in the world. The idea came from retired Air Force Brigadier General Olbert F. "Dick" Lassiter, who had experience running the Air Mission Squadron, an air taxi service for the Air Force. The idea was to run a similar service for pri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wheels Up
Wheels Up is a provider of "on demand" private aviation in the United States and one of the largest private aviation companies in the world. It was founded in 2013 by Kenny Dichter, using a membership/on-demand business model. Wheels Up members can book private aircraft from the company fleet and third-party operators using a mobile application. The company was purchased by Delta Air Lines in August 2023, who bought a 95% share to rescue the company from financial troubles. History The company was founded in 2013 by Kenny Dichter. The company announced its management team in August 2013. It confirmed a Beechcraft turboprop order for 105 King Air 350i aircraft in a transaction valued at US$1.4 billion, including maintenance. The company focuses on non-hub markets that commercial airlines service less effectively. Wheels Up's marketing strategy involves entertainment at major sports and cultural events for their VIP members throughout the year. By 2014, the company had more th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quincy, Massachusetts
Quincy ( ) is a city in Norfolk County, Massachusetts, Norfolk County, Massachusetts, United States. It is the largest city in the county. Quincy is part of the Greater Boston area as one of Boston's immediate southern suburbs. Its population in 2020 was 101,636, making it the seventh-largest city in Massachusetts, the state. Known as the "City of Presidents", Quincy is the birthplace of two President of the United States, U.S. presidents—John Adams and his son John Quincy Adams—as well as John Hancock, the first signer of the United States Declaration of Independence, Declaration of Independence and the first and third governor of Massachusetts. First settled in 1625, Quincy was briefly part of Dorchester, Boston, Dorchester before becoming the North Precinct of Braintree, Massachusetts, Braintree in 1640. In 1792, Quincy was split off from Town of Braintree, the Town of Braintree and was Incorporated community#English-speaking, incorporated separately as the Town of Quincy; ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fractional Ownership
Fractional ownership is a method in which several unrelated parties can share in, and mitigate the risk of, ownership of a high-value tangible asset, usually a jet, yacht or piece of resort real estate. It can be done for strictly monetary reasons, but typically there is some amount of personal access involved. One of the main motivators for a fractional purchase is the ability to share the costs of maintaining an asset that will not be used full-time by one owner. Every fractional endeavour requires some sort of management, to administer the rules and regulations (which are agreed upon before the fraction is purchased) and maintain the asset to the degree laid out in the ownership documents. Generally, management will oversee the daily operation of more than one property, although it is not necessary. A single fractional asset may be managed by a single entity. Each owner is guaranteed a prescribed amount of access to the asset, which typically can be used or offered to the publi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Jet
A business jet, private jet, or bizjet is a jet aircraft designed for transporting small groups of people, typically business executives and high-ranking associates. Business jets are generally designed for faster air travel and more personal comfort than commercial aircraft, and may be adapted for other roles, such as casualty evacuation or express parcel deliveries, and some are used by public bodies, government officials, VIPs, or even the military. History Early developments The first small, jet-powered civilian aircraft was the Morane-Saulnier MS.760 Paris, developed privately in the early 1950s from the MS.755 Fleuret two-seat jet trainer. First flown in 1954, the MS.760 Paris differs from subsequent business jets in having only four seats arranged in two rows without a center aisle, similar to a light aircraft, under a large sliding canopy similar to that of a fighter. A U.S. type certificate was awarded in July 1958, but commercial sales were limited, with mo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fractional Ownership Of Aircraft
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. Alternatively, owners can join together to purchase their aircraft, independently of any management company. Fractional aircraft ownership allows individuals to purchase a share of an aircraft, instead of the entire aircraft itself. The price for this share is pro-rated based on the market price of a full aircraft. As a result of this purchase, owners have guaranteed, limited access to the plane or a similar one in the operator's fleet, proportional to the size of their share. Monthly maintenance fees and occupied hourly operating fees are required of fractional owners. Typically, the latter is charged only when an owner or guest is on board, not during the plane's travel to a pickup point or ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Air Charter
Air charter is the business of renting an entire aircraft (i.e., chartering) as opposed to individual aircraft seats (i.e., purchasing a ticket through a traditional airline). Regulation Charter – also called air taxi or ad hoc – flights require certification from the associated country's civil aviation authority. The regulations are differentiated from typical commercial/passenger service by offering a non-scheduled service. Analogous regulations generally also apply to air ambulance and cargo operators, which are often also ad hoc for-hire services. United States In the United States, these flights are regulated under FAA Part 135. There are some cases where a charter operator can sell scheduled flights, but only in limited quantities. As of 2021, the FAA had made it a priority to crack down on unauthorised charter flights, according to industry experts. Types of service There are several business models which offer air charter services from the traditional cha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Air Taxi
An air taxi is a small commercial aircraft that makes short flights on demand. History The concept of air taxis existed as early as the 1910s. This concept goes back as early as 1917 with Glenn Curtiss’ prototype, the auto-plane. Furthermore, during the 1920s to the late 1950s, various inventors created their own prototypes. Such inventors included Henry Ford, Waldo Waterman, and Moulton “Molt” Taylor. However, each of these projects faced challenges which included crashes, lack of funding, or technical difficulties. After all this experimentation and challenges faced, the urban air mobility industry had shifted focus on “improving safety and enhancing economic and operational efficiency of vertical flight". The next phase from the 1950s to the late 1980s included urban air mobility services through the use of helicopters within major cities such as Los Angeles, San Francisco, and New York (state), New York; however, the challenges of fuel costs and safety have made it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
