Fractional Home News

Overview of Fractional Aircraft Ownership

Fractional Jets

An Introduction to Flying on Private Aircraft

Private Jets

What Are Destination Clubs & Residence Funds

Destination Clubs

Jets & Planes

Private Aviation Flights down 3% in 2023

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...

flyExclusive Becomes Public Company on NYSE
The 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…
Vaunt: Fly Privately For $1,000 Per Year
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…
Northern Jet Adds Jet Card & Fractional Programs
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.

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Destination Clubs

How Value-Added Remodeling Transforms Equity Residences Homes

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...

Inspirato Rewards, New CEO and More
Luxury 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…
Exclusive Resorts Expands Partnerships & Destinations
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…
Reviewing Luxury Vacation Home Alternatives
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…

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Fractional Jets

Volato Becomes Public. Adds Funding.

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...

flyExclusive Adds First Fractional Jets and 100th Overall
Private 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…
NetJets To Buy Up To 1,500 Cessna Citation Jets
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…
A Deep Inside Look at Flexjet Operations
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…

Jet Cards

Northern Jet Adds Jet Card & Fractional Programs

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.

Magellan Jets Introduces Business Focused Jet Card Program
Private 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 Relaunch Altitude Fixed Hourly Rate Club
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…
flyExclusive Reduces Jet Card Prices & Enhances Terms
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…

Whole Aircraft Ownership

Business Aircraft Resales. Market Easing. Fewer Transactions.

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.

Updated Aircraft Buying Guide
The 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…
Aircraft Dealers Report Shift to More Balanced Market
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…
Corporate Jet Service - Freedom by Four Corners Aviation
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…

Details: Category: Fractional Home News; Published: 02 December 2014

One of the newest fractional properties available is the Grand Casia Rubia, located in Puerto Escondido on the Pacific Coast of Mexico. Boasting 6 bedrooms, 4 that are oceanfront, and 7 bathrooms along with professional staff, this oceanfront residence will have a total of just 13 owners.

Details: Category: Fractional Home News; Published: 29 July 2014

Elite Alliance, an exchange provider that works with residence clubs and professionally-managed vacation homes, has just announced a partnership with Utopian luxury vacation homes. The partnership will offer exchange opportunties and discounted rates at Utopian's properties to Elite Alliance members. In addition, Elite Alliance will serve as the exclusive exchange provider for Utopian's homeowners.

Details: Category: Fractional Home News; Written by Nick Copley; Published: 10 October 2013

Luxury home exchange company, 3RDHOME enables second home owners to exchange time in their home for stays at premier luxury destinations worldwide. They have added over 20 developments and fractional residence clubs to their affiliate offerings for members.

Details: Category: Fractional Home News; Written by Nick Copley; Published: 29 March 2013

Founded by Wade Shealy in 2010, this new luxury home exchange company offers second homeowners the chance to trade time in their own home for vacations around the world. In just two years it claims to have saved its members over $10 million in rental fees.