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Jet Card
A Private 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. Many private jet providers now offer some form of a Jet Card or membership option. Notable Jet Card providers include Jet Linx, Wheels Up, Air Charter Service, Airstream Jets, Marquis Jet (NetJets), and Flexjet. Jet card history The first Jet Card was created in 1997 by the founder of Sentient Jet, a charter broker located in Quincy, Massachusetts. The Jet Card w ...
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Private Aviation
Private aviation is the part of civil aviation that does not include flying for hire, as opposed to commercial aviation. 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 above. Some commercial activities do not require a CPL, for example in Europe a flight instructor may have a 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 operating expenses for a flight may optionally be divided with any passengers up to a ...
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Wheels Up
A wheel is a circular component that is intended to rotate on an axle bearing. The wheel is one of the key components of the wheel and axle which is one of the six simple machines. Wheels, in conjunction with axles, allow heavy objects to be moved easily facilitating movement or transportation while supporting a load, or performing labor in machines. Wheels are also used for other purposes, such as a ship's wheel, steering wheel, potter's wheel, and flywheel. Common examples are found in transport applications. A wheel reduces friction by facilitating motion by rolling together with the use of axles. In order for wheels to rotate, a moment needs to be applied to the wheel about its axis, either by way of gravity or by the application of another external force or torque. Using the wheel, Sumerians invented a device that spins clay as a potter shapes it into the desired object. Terminology The English word ''wheel'' comes from the Old English word , from Proto-Germanic , from P ...
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Air Charter Service
Air Charter Service (ACS) is a global aircraft charter provider with 29 offices around the world in Australia, Brazil, Canada, China, France, Germany, Hong Kong, India, Kazakhstan, Singapore, South Africa, Spain, Switzerland, UAE, UK, and USA. As a brokerage, Air Charter Service does not own any aircraft, but arranges helicopter, private jet, commercial airline, and cargo aircraft charters. Additional services include Jet Cards for its private jets division, Onboard Couriers and Travel & Concierge. History In 1990, from a basement in the UK town of Kingston upon Thames, Chris Leach set about creating Air Charter Service (ACS). In 2015 Air Charter Service announced that it would be investing £10 million ($15 million) in charter technology over the course of the next five years. Chronology 1990 In the basement of Chris Leach's house, ACS is born. 1993 ACS gets involved in relief operations following Somalia's civil war. Chris Leach works on the ground in war-torn Mogadish ...
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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 ...
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NetJets
NetJets Inc. is an American company that sells 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, launching its fractional ownership business in 1986. The founding members of the board of directors included US Air Force generals Curtis E. LeMay and Paul Tibbets, Washington lawyer and former military pilot Bruce Sundlun, and entertainers and pilots ...
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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, ...
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Quincy, Massachusetts
Quincy ( ) is a coastal U.S. city in Norfolk County, Massachusetts, United States. It is the largest city in the county and a part of Metropolitan Boston as one of Boston's immediate southern suburbs. Its population in 2020 was 101,636, making it the seventh-largest city in the state. Known as the "City of Presidents", Quincy is the birthplace of two U.S. presidents—John Adams and his son John Quincy Adams—as well as John Hancock (a President of the Continental Congress and the first signer of the Declaration of Independence) and the first and third Governor of Massachusetts. First settled in 1625, Quincy was briefly part of Dorchester before becoming the north precinct of Braintree in 1640. In 1792, Quincy was split off from Braintree; the new town was named after Colonel John Quincy, maternal grandfather of Abigail Adams and after whom John Quincy Adams was also named. Quincy became a city in 1888. For more than a century, Quincy was home to a thriving granite ind ...
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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,by renting out weeks or months online on the many Online travel agents,such as Expedia group-Booking.com air BnB luxe TripAdvisor etc, 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 an asset that will not be used full-time by one owner.If owners use some time for their own vacations and some to rent out to receive income with the aim of paying off their original purchase then this becomes a win win for the buyer. 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 do ...
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Private Jet
A business jet, private jet, or bizjet is a jet aircraft designed for transporting small groups of people. Business jets may be adapted for other roles, such as the evacuation of casualties or express parcel deliveries, and some are used by public bodies, government officials or the armed forces. History Early developments The first small jet-powered civil 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 most examples going to the military; an improved civil version similar to a modern very light jet, with a 6-seat enclosed cabin and a conventional door, never proceeded pas ...
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Fractional Ownership Of Aircraft
A fraction is one or more equal parts of something. Fraction may also refer to: * Fraction (chemistry), a quantity of a substance collected by fractionation * Fraction (floating point number), an (ambiguous) term sometimes used to specify a part of a floating point number * Fraction (politics), a subgroup within a parliamentary party * Fraction (radiation therapy), one unit of treatment of the total radiation dose of radiation therapy that is split into multiple treatment sessions * Fraction (religion), the ceremonial act of breaking the bread during Christian Communion People with the surname * Matt Fraction, a comic book author See also * Algebraic fraction, an indicated division in which the divisor, or both dividend and divisor, are algebraic expressions ** Irrational fraction, a type of algebraic fraction * Faction (other) * ''Frazione'', a type of administrative division of an Italian ''commune'' * Free and Independent Fraction, a Romanian political party * Part (d ...
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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 U.S. 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 charter operator to ...
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Air Taxi
An air taxi is a small commercial aircraft that makes short flights on demand. In 2001 air taxi operations were promoted in the United States by a NASA and aerospace industry study on the potential Small Aircraft Transportation System (SATS) and the rise of light-jet aircraft manufacturing. Since 2016, air taxis have reemerged as part of the burgeoning field of eVTOL. Regulation In Canada, air taxi operations are regulated by Transport Canada under Canadian Aviation Regulation 703. The Canadian definition of air taxi includes all commercial single-engined aircraft, multi-engined helicopters flown by visual flight rules by one pilot and all multi-engined, non-turbo-jet aircraft, with a maximum take-off weight or less and nine or fewer passenger seats, that are used to transport people or goods or for sightseeing. In the US, air taxi and air charter operations are governed by 14 CFR Part 135 and 14 CFR part 298 of the Federal Aviation Regulations (FAR).
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