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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 ...
Directional Aviation, the private investment firm founded by aviation entrepreneur Kenn Ricci, has owned Flexjet since 2013. [2] 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.
Pages in category "Fractional aircraft ownership companies" The following 10 pages are in this category, out of 10 total. This list may not reflect recent changes. A.
The cheapest private jet service is Villiers Jet. The company offers the best private jet membership programs in the $5,000 range, while many other best private jet memberships only start at $10k ...
NetJets Inc. is an American company that sells fractional ownership shares in private business jets. [6] 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.
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