“Transparency and innovation are at the core of our fractional model and continue to differentiate us in the marketplace,” said Brad Blettner, chief revenue officer, flyExclusive.

“The JetQuity Protect program offers a compelling proposition to our fractional customers by creating easier planning and certainty in their investment. We’re proud to further simplify the process of owning a private jet share and provide our customers with a best-in-class experience along the way.”

By paying a one-time fee upfront, owners can lock in a minimum value for their share of the jet. This protects them from the possibility that the market value of the jet could decline after five years.

In addition, regardless of how the jet market performs, the program guarantees they can sell their share for at least the predetermined price. If the market value of the jet happens to be higher than the guaranteed minimum after five years, the owner gets the higher amount.

The company said that the program provides certainty as to the future value of the asset while ensuring that fractional owners can sell their aircraft share at the guaranteed price.

flyExclusive owns and operates the second-largest fleet of Cessna Citation aircraft in the world, giving fractional owners guaranteed access to a large, versatile fleet of light, mid or super-mid aircraft with no monthly management fees.

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Brad Blettner, chief revenue officer, flyExclusive, said: “Our new business centre gives members who need to transact business in the South Florida area a premium setting, adding another layer of value and service to an already robust offering.” 

flyExclusive’s Jet Club provides fliers access to flyExclusive’s floating fleet of over 75 light, midsize and super-midsize Citation aircraft. Members can retain their membership for as long as they choose to fly for a low monthly fee and an aircraft daily rate that enables access to the most aggressive hourly rates in the industry, says the company.

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