The total number of private aviation flights for 2023, compared to 2022, showed a drop of 3.3%. There were mixed results within the various sectors. Fractional had a strong 2023 and in particular higher flight numbers in large cabin fractional...
Read moreThe large private jet operator became a public company today through its merger with EG Acquisition Corp. (NYSE:EGGF). The combined company now trades on the NYSE American under the symbol “FLYX”. It is projecting 2023…
Yes, OK, so it’s a bit of a “come on in” title, but it is also a valid new program from private jet operator Volato. Their new Vaunt app gives you access to all the…
Private jet operator Northern Jet merged with Florida based operator Speedbird, earlier this year. The enlarged company has recently launched new jet card and fractional jet ownership programs.
The Equity Residences management team has always believed that delivering value to investors starts with acquiring the right vacation homes, in the right locations, at the right time, at the right prices. Sometimes they buy these homes, like the Mauna Lani Resort Villas in Hawaii or the North Star Resort...
Read moreLuxury travel club Inspirato has recently introduced a member loyalty program simply called Inspirato Rewards. SherpaReport spoke to David Kallery, Inspirato President, about the new program and other recent changes…
Luxury vacation club Exclusive Resorts is celebrating its 20th anniversary this year, and has been adding new vacation destinations and once-in-a-lifetime experiences to its portfolio. With continuing growth and demand, the…
For many people, owning a luxury vacation home in an exclusive location has long been an aspiration. However, the costs, maintenance, and the reality of limited usage have driven many…
Private aviation company Volato has completed a business combination with PROOF Acquisition Corp I (NYSE: PACI). The new entity will operate under the Volato brand, with its common stock and warrants commencing trading today, December 4, 2023, on the New York Stock Exchange American (NYSE...
Read morePrivate aviation operator flyExclusive has taken delivery of its first three Citation CJ3+ jets which will go into its new fractional fleet. This brings the total fleet size to over…
Textron Aviation and NetJets have signed an agreement giving NetJets the option to purchase up to 1,500 additional Cessna Citation business jets over the next 15 years. The deal covers…
The large private aviation provider Flexjet just opened a new, purpose built $50m HQ and Global Operations Control Center. SherpaReport just toured the building and talked to multiple Flexjet staff…
Private jet operator Northern Jet merged with Florida based operator Speedbird, earlier this year. The enlarged company has recently launched new jet card and fractional jet ownership programs.
Read morePrivate aviation solutions provider Magellan Jets has launched a jet card program specifically aimed at corporate users and named Magellan Business. It offers hourly rate locks for up to three…
Solairus, a private jet management company, has reopened Altitude by Solairus. The company refers to this as a “Private Jet Charter Club” and it offers jet card like fixed hourly…
One of the largest private aviation providers, flyExclusive, has expanded the features in both its Jet Club and fractional program. These will allow members to benefit from increased savings and…
The latest data for the preowned business aircraft market shows inventory continues to offer increased choice for buyers while transaction activity trends back to historical norms.
Read moreThe latest SherpaReport Aircraft Buying Guide has been published. This updated book provides comprehensive and user-friendly guidance on all aspects of purchasing a private aircraft. The new edition of this…
International Aircraft Dealers Association (IADA) members expect an ongoing shift toward a more balanced market throughout 2023. Members also reported an uptick in private aircraft resale expectations for the next…
Four Corners Aviation offers a novel program for companies that fly over 200 hours a year and want access to a corporate aircraft. The program really works for organizations that…