![]() ![]() In scenarios like these, clients with larger shares will receive aircraft priority which can result in those with smaller shares being forced to fly off-fleet on a chartered flight. When demand for flights can’t be met, NetJets cannot guarantee that every client will fly on a NetJets fleet tail number, let alone the tail number they bought. However, NetJets’ fixed fleet model, which sees many thousands of customers sharing a fleet of only a few hundred jets, simply isn’t optimized for the challenges of high demand seen across today’s private aviation marketplace. When comparing themselves to charter broker programs, NetJets touts the consistency of experience they provide when flying on the different aircraft in their fleet. In fact, client funds are never mixed with operational funds- Magellan Jets guests fly with peace of mind knowing they’ve invested solely in their own travel experience, rather than the running of an entire fleet. ![]() As we oversee a global network of operators and crews and do not own a fleet ourselves, we never have to use our clients’ investment to cover things like aircraft maintenance. Magellan Jets, founded in 2008, is a proudly lean, privately owned company with zero debt. It’s akin to having customers invest in an entire airline. With this model, clients’ funds are used for operations across the entire company, including aircraft maintenance, monthly management fees, the salaries of their 7,000-some employees, and other expenses. NetJets’ business model involves owning its own fleet of about 800 jets and selling fractional shares or leases on those aircraft. NetJets, a subsidiary of Berkshire Hathaway, is one of the first names in modern private aviation and has provided private jet services since its founding in 1964 as Executive Jet Airways. ![]()
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