Private Jet Source Bing.com
Private jet travel is often associated with the rich and famous, but did you know that there are publicly traded companies that specialize in providing private jet services? These companies offer a range of services from fractional ownership to charter flights, and their stocks are available for anyone to buy and sell on the stock market. In this article, we’ll take a closer look at some of the major publicly traded private jet companies and what sets them apart from one another.
Fractional Ownership Companies
Fractional Ownership Source Bing.com
Fractional ownership companies allow individuals and businesses to purchase a share of a private jet, which gives them access to the plane for a set number of hours each year. This is a popular option for those who want the benefits of owning a private jet without the full cost and responsibility that comes with it.
NetJets
Netjets Source Bing.com
NetJets is the largest fractional ownership company in the world, with over 700 aircraft in their fleet. They offer a range of ownership options, from a 1/16th share to a whole aircraft. NetJets also has a program called Marquis Jet, which allows individuals to purchase a set number of hours on a specific aircraft model.
Flexjet
Flexjet Source Bing.com
Flexjet is a smaller fractional ownership company with a fleet of around 150 aircraft. They offer ownership options ranging from a 1/16th share to a whole aircraft. Flexjet also has a program called Red Label, which provides a personalized flying experience with dedicated flight crews and custom catering options.
Charter Companies
Private Jet Charter Source Bing.com
Charter companies offer on-demand private jet flights for individuals and businesses. This is a popular option for those who only need to use a private jet for a specific trip and don’t want to commit to fractional ownership.
JetSuite
Jetsuite Source Bing.com
JetSuite is a charter company that specializes in short-haul flights. They have a fleet of Embraer Phenom 100 and 300 aircraft, which are designed for short flights and can land on smaller runways. JetSuite also has a program called JetSuiteX, which offers low-cost flights on scheduled routes.
XOJet
Xojet Source Bing.com
XOJet is a charter company that offers a range of aircraft, from light jets to long-range jets. They also have a program called XOJET Elite Access, which provides guaranteed availability and fixed hourly rates for frequent travelers.
Conclusion
Publicly traded private jet companies offer a range of options for individuals and businesses to access private air travel. Whether you’re looking for fractional ownership or on-demand charter flights, there’s a company out there that can meet your needs. By investing in these companies, you can also benefit from the growing demand for private jet travel and potentially see a return on your investment.