The Jet Linx Joint Ownership Program also eliminates all of the complexities of owning a private jet, because Jet Linx identifies and purchases the aircraft, recruits, trains and employs the pilots, as well as provides complete management of the aircraft, inclusive of hangar, fuel, insurance and maintenance.
To reduce the operating expenses normally associated with private jet ownership, aircraft in the Jet Linx Joint Ownership Program also benefit from the Company’s buying power and scale as part of its nationwide fleet of 120 aircraft.
In addition, whenever an owner isn’t using their aircraft, Jet Linx generates revenue for the aircraft through its Jet Card membership program, making the Jet Linx Joint Ownership Program the most cost-effective private jet ownership solution in the marketplace.
“Our Joint Ownership Program clients actually fly on their own aircraft with their own pilots, offering a truly unique and outstanding service experience compared to the conventional fractional ownership model,” said Mr. Walker.
In addition to sourcing and purchasing aircraft for Joint Ownership Program clients, Jet Linx also offers to facilitate the sale of an owner’s half-interest.
“We have seen a recent trend towards shared ownership, from both new buyers and existing aircraft owners, to reduce the capital outlay and carrying costs associated with whole aircraft ownership,” said Mr. Walker.
“We’re thrilled to introduce a new and innovative solution that allows individuals and companies to experience the benefits of private jet ownership without the financial requirements of whole aircraft ownership.
“Our Joint Ownership Program leverages our extensive experience in whole aircraft ownership and management and brings it to a much larger audience of prospective clients by removing half of the expense and risk of whole aircraft ownership, while providing what’s been missing from traditional fractional jet ownership, the enjoyment of flying on your own aircraft with your own crew from a local private terminal and hangar.”