View all newsletters
Latest in Luxury - Sign up to our weekly newsletter
  1. Travel
  2. Travel News
January 11, 2012updated Feb 11, 2013

Flexjet Reports Strong Private Jet Trends

By Pardhasaradhi Gonuguntla

New York, New York – Reported by Elite Traveler, the private jet lifestyle magazine

The skies are brightening for business aviation, and Flexjet expects that trend to continue in 2012. Here are some recent numbers that illustrate the company’s positive financial indicators:

– When comparing year ending Sept. 2010 to Sept. 2011, fractional jet industry sales are up 16%; at Flexjet, sales of its fractional jet shares are up 92%.

– During this same period of time, Flexjet has grown its market share from 14% to 21%.

– Flexjet has also successfully sold 33 shares in the all-new Learjet 85 aircraft that was just launched in August 2011, with 7 additional contracts in progress.

– Flexjet’s parent company Bombardier released its Q3 financial results in December posting revenues for its Aerospace division of $2.3 billion, compared to $1.8 billion during the same period last fiscal year.

There is no doubt the road to recovery for the business aviation industry has been a long one. But during that time Flexjet has been working diligently to position itself as the private aviation solutions provider of choice. For example:

– Flexjet now offers access to the most comprehensive portfolio of products in the business aviation industry, including whole aircraft ownership and management, fractional jet ownership, jet cards and charter brokerage services.

– It has the youngest aircraft in the fractional jet industry – averaging approximately four years of age – consisting exclusively of Bombardier Learjet and Challenger aircraft.

Content from our partners
Plan the Unexpected with Resorts World Las Vegas' Flexible Dates
Indulge Your Senses at Resorts World Las Vegas
Las Vegas Paiute Golf Resort: A Desert Oasis Awaits

– Flexjet has invested more than $1 million to create a Customer Account Management program, providing each owner with a single point of contact to ensure customized solutions and sublime service.

Topics in this article : , ,
Select and enter your email address Be the first to know about the latest in luxury lifestyle. Get the latest news on hotel openings and in-depth travel guides. Get insider access to exclusive promotions and special offers from our luxury partners.
Visit our privacy Policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications.
Thank you

Thank you for subscribing to Elite Traveler.

Websites in our network