The Flexjet Advantage

The Flexjet fractional ownership program presents many extras, including Red Label by Flexjet. Red Label lets you enjoy the best of whole ownership for a fraction of the cost thanks to crews dedicated to your tail number, interior designs from our LXi Cabin Collection, and much more.

Flexjet Fractional Benefits

If you fly on a non-Flexjet aircraft for more than five percent of your utilized hours, those hours will be credited back to your annual allocated hours for the following year.
Depending on your ownership level, you may use up to five aircraft in one day. Multiple-use benefits are based on the total number of share hours you own rather than share size within a single aircraft. Phenom 300 Legacy 450 Praetor 500 Challenger 350 Gulfstream G450 Gulfstream G500 Global Express Gulfstream G650 Gulfstream G700
Flexjet gives fractional Owners the option to fly on larger or smaller aircraft types when the need arises. No matter your share size, you will enjoy a guaranteed number of aircraft upgrades and downgrades each year.
Flexjet gives fractional Owners the option to fly on larger or smaller aircraft types when the need arises. No matter your share size, you will enjoy a guaranteed number of aircraft upgrades and downgrades each year.
Typically, for any flights lasting under one hour, you will incur a standard minimum charge of one flight hour. With Flexjet, you receive two short-leg waivers annually for every 50-hour share you own. This means you can fly short routes (under one hour) and only be charged for the actual flight time involved with your trip.

The majority of the cost of fractional ownership can be broken down into three main parts:

  • Capital Cost (Ownership): An asset purchase that allows for a minimum of 50 flight hours per year priced at predictable rates over a specific term in the type of aircraft owned
  • Asset purchase - this upfront cost covers your share of the aircraft.
  • Monthly Management Fee - Covers the indirect expenses associated with operating your aircraft, including pilot training, insurance, cabin support, trip management, crew provisions, and other administrative costs
  • Hourly Rate - Charged for each hour an aircraft is in flight, plus 2/10 taxi time. This rate also includes direct expenses associated with maintenance, standard catering, and engine operation
  • Fuel Component Adjustment - Added to the base hourly rate to account for fluctuations in the cost of fuel, which varies monthly

*Certain federal taxes may apply

Download the Comparative Private Aviation Guide

Flexjet Programs Compared

Flexjet Programs Compared
Fractional Lease Jet Card
Estimated Annual Flight Hours 50+ 50+ 1-49
Purchase Increments 50-hour minimum
(25-hour increments)
50-hour minimum
(25-hour increments)
25-hour minimum
Contract Commitment Maximum term: 60 months - Minimum term: 30 months Maximum term: 60 months - Minimum term: 30 months Maximum term: 24 months - Minimum term: 25-hour deposit
Call Out Time 10-hours 10-hours 24-hours

About Fractional Jet Ownership

Fractional lets you secure the best aspects of whole aircraft ownership for a portion of the cost and with none of the responsibility.

Fractional ownership grants guaranteed access to a private aircraft based upon the number of flight hours purchased. Share sizes range from 1/16th (50 hours) to 1/2 (400 hours), with no limit on the number of shares one may own. Each level of ownership entitles includes a percentage of the 800 flight hours available per year on each aircraft. For example, a one-eighth share entitles an owner to 100 flight hours annually, which is approximately 50,000 miles.

With fractional, there are minimum and maximum contract periods. Most costs are fixed, and owners may use depreciation deductions applicable to a capital asset. A portion of a share purchase can be sold back to the provider at the end of the contract.

The majority of the cost of fractional ownership can be broken down into five parts:

  • Capital Cost (Ownership): An asset purchase that allows for a minimum of 50 flight hours per year priced at predictable rates over a specific term in the type of aircraft owned
  • Asset purchase - this upfront cost covers your share of the aircraft.
  • Monthly Management Fee - Covers the indirect expenses associated with operating your aircraft, including pilot training, insurance, cabin support, trip management, crew provisions, and other administrative costs
  • Hourly Rate - Charged for each hour an aircraft is in flight, plus 2/10 taxi time. This rate also includes direct expenses associated with maintenance, standard catering, and engine operation
  • Fuel Component Adjustment - Added to the base hourly rate to account for fluctuations in the cost of fuel, which varies monthly

*Certain federal taxes may apply

ADVANTAGES OF CHARTER

  • Pay as you fly
    • However, pricing varies based on timing and varies across operators
    • Peak travel can add to hourly rate
  • No upfront capital required
  • No fixed costs
  • No minimum contracts. No commitment.
  • Designed for those with minimal travel needs

ADVANTAGES OF FRACTIONAL

  • Predictable expenses
  • No fees for repositioning, catering, or de-icing
  • Typically offers more experienced pilots and crews
  • Higher safety & maintenance standards
  • Premium owner service experience
  • Aircraft are often younger and more advanced
  • Extensive Primary Service Area
  • You select aircraft and receive guaranteed access
  • One point of contact + expert operations team
  • Providers own their aircraft and employ their own pilots
  • No need to involve more than one provider for long trips
  • Minimal cabin restrictions (pets allowed on board)
  • VIP access to events, resorts, and product offerings
  • None of the risks, restrictions, and responsibilities associated with whole ownership
  • Much smaller upfront capital deployment + fixed costs
  • Repositioning, catering, and de-icing fees are covered
  • Ability to upgrade or downgrade aircraft for specific trips
  • Option to utilize more than one aircraft simultaneously
  • No maintenance downtime or need for supplemental lift
  • Access to multiple bases of operation
  • Option to sell share back to the provider at end of term
  • Depreciation deductions applicable to a capital asset
  • Provider handles all crew scheduling, aircraft maintenance, insurance, regulatory compliance, hiring and training, storage and parking