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Fractional Jet Ownership | FlexJet | NetJets

Bombardier Flexjet offers a turnkey program allowing individuals or companies to purchase a share
in a
Bombardier business jet at a fraction of the full ownership cost.

Fractional Jet Ownership - FlexJet | Netjets.com

It's simple. For a fraction of the cost of buying and maintaining a business jet and pilots you can have access to a business jet any time you need it - wherever you need it. A properly managed fractional jet ownership program will benefit your company in more ways than one. You save time by avoiding busy airports. You will travel in style in business jets such as the Bombardier LearJet 40XR. You make one call to the fractional jet ownership company and they take care of the rest.

NetJets.com is another popular business jet company.

Netjets fractional jet ownership program owned by Warren Buffett's Berkshire Hathaway offers the largest fractional jet fleet available including Boeing, Cessna, Dassault Falcon, Gulfstream, and Raytheon.

FlexJet
The Flexjet.com fractional jet ownership program can have you traveling in a private business jet within 6 hours notice

The term fractional ownership originally became popular for business jets. Richard Santulli of NetJets pioneered the concept of allowing businesses to purchase shares in a jet to reduce costs - other companies such as Flight Options and FlexJet.com followed with the same model.

With a fractional jet ownership plan, members will typically fly in any jet available, not necessarily the one in which they own shares. The company will reposition jets as necessary and provide flight crews. Companies with greater needs purchase larger shares to get access to more time.

Fractional Aircraft Ownership

Fractional ownership has since been extended to smaller aircraft, and is now become common for single-engine piston aircraft like the Cirrus SR22, which are beyond the financial means of most private pilots. The same concepts apply, except that the management company does not typically provide flight crews or reposition the aircraft. The first prominent company in this area was OurPlane, but many others have since started up.

Fractional aircraft ownership has played a significant role in revitalizing the general aviation manufacturing industry since the late 1990s, and most manufacturers actively support private jet charter fractional ownership programs.

FlexJet in the news

Bombardier Flexjet, the fractional business jet ownership program of Bombardier Aerospace, announced an expansion of its services in Canada, with the addition of three Canadian-registered aircraft formerly in the Bombardier corporate fleet and ten Montreal-based pilots who have joined the Flexjet organization.

Bombardier Flexjet,
the fractional business jet ownership program of Bombardier Aerospace, announced the induction of the first three aircraft into the Flexjet fractional fleet. Flexjet will take delivery of an additional four Learjet 40 XR aircraft in 2006 and current backorder of share sales reflects robust market demand for the new jet.

American Express and FlexJet
announced that it has enhanced its Membership Rewards program with the addition of Private Jet Rewards, a new luxury travel redemption option allowing Cardmembers to redeem points for private jet travel through Bombardier Skyjet and Flexjet.

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Fractional Jet Ownership | FlexJet | Bombardier FlexJet | NetJets.com

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Sources: Wikipedia, Company press releases and other public or permitted material.