Celebrity Travel & StyleInterviewsJet Set PetLuxury VoyagesSuite Dreams - The World's Best SuitesTime TravelerLuxury Travel TrendsWeekend Away
Destination WeddingsFamily Vacation PackagesSpa & Wellness PackagesRomantic & Honeymoon PackagesGirls GetawaysFall Travel PackagesWinter Getaway PackagesChristmas Travel & PackagesNew Year's Eve Packages
ArticlesThe Best Hotels, Resorts & Villas Around the World
Beach & Island Resorts5-Star City HotelsAdventure Lodges & Eco EscapesBoutique City HotelsCountry House HotelsRomantic RetreatsLuxury Guest RanchesLuxury Safari Camps & LodgesGolf Resorts & LodgesSpa Resorts & Wellness RetreatsSki Resorts & LodgesWine Country GetawaysLuxury Family Travel & ResortsNew HotelsHot Hotel Openings
Beach, Coastal & Island VillasCountry VillasGolf VillasSki VillasLuxury Villas & Vacation Rentals Around the WorldHotel Branded Residences
Luxury Cruises & YachtingLuxury Car RentalTravel Tips & AdviceAirline NewsUltimate TripsBusiness TravelFamily TravelLuxury SafarisPrivate Jet TravelRail Journeys: The World's Most Scenic Train Rides
Events
RestaurantsBars & NightclubsAfternoon TeaCoffeeCooking ClassesCulinary TravelWine Travel
Spa & Wellness RetreatsYogaGolf GetawaysTennisSki Vacations
Gift GuideBeach and ResortwearBeauty and FragranceBooksFashionHome StyleLuggage and HandbagsLuxury Autos & Driving ExperiencesMen's StyleTravel EssentialsWatches & JewelryWine and SpiritsWorld's Most Expensive
Back to:  Home > News > Trends

Luxury Travel Trends

Interview with Fractional Private Jet Provider, Flexjet

July 17, 2017 -

Fractional private jet provider Flexjet has reported that their new business to date in 2017 is up 50% year over year.

This is on top of a 20% spike in new business they experienced in 2016. As a result, they also announced that they will be hiring a significant amount of new pilots to service this surge in demand for private flying.

We interview Flexjet about how the market dynamics at play have led to their surge in new business in 2016 and so far in 2017.

What is Flexjet’s 2017 demand so far and what do you expect for the busy summer travel season?

Flexjet has experienced new business that increased 25 percent in the first five months of 2017 compared to the same period in 2016, on top of 20 percent growth in new business during 2016. This has resulted in very robust flying activity during the first half of the year, and we expect this summer to be one of the busiest we have ever experienced.

What are the market dynamics at play that have led to Flexjet’s surge in new business in 2016 and so far in 2017?

Broadly speaking, the private jet industry is an indicator of overall business sentiment. With both the economy and markets performing well, flying activity and interest in our offering has trended positively. Within our industry, we have introduced innovations to the fractional private jet marketplace that have allowed us to outperform the industry. That includes our Red Label by Flexjet offering which aims to offer to our fractional Owners a private flying experience as personalized as whole aircraft Ownership.

How has Flexjet differentiated itself?

Red Label by Flexjet has proven to be a major differentiator. All of the elements of Red Label are not offered by any other operator of private jets. There is nothing else like it in fractional private jet travel. Red Label provides fractional owners with a level of premium customization that fosters a private flying experience as personally rewarding and empowering as owning your own aircraft outright. The three main components include:


  • Dedicated Crews Among the most pioneering features of Red Label are flight crews dedicated to a single aircraft. Red Label pilots are exclusive to their very own Flexjet aircraft, akin to what both pilots and Owners experience when they own a whole aircraft.

  • Artisan Aircraft Interiors Red Label aircraft will come complete with custom interiors. Gone is the traditional “greige” that is the boring norm with interiors making up fractional fleets. Red Label interiors feature hand-stitched leather and suede seating, a distinctively warm, welcoming color palette and customized smart seating configurations.

  • The industry’s newest fleetThe Red Label fleet includes new aircraft including the Learjet 75LXi, Challenger 350, Legacy 450 and 500, Gulfstream G450 and soon to come G500 and G650.

Flexjet prides itself on offering the industry’s most personalized and tailored approach to account management. The world-class service our account management team and pilots provide is one of the many reasons for our unprecedented levels of Owner referrals, which grew 23 percent in 2016 versus 2015 and have continued to increase this year.

What are the different ways in which Flexjet provides people with access to private jet travel without having to purchase an entire aircraft outright?

Flexjet focuses primarily on fractional ownership. Fractional ownership aims to offer the experience of whole aircraft ownership without the need to manage crewing and maintenance for the aircraft. Designed for the traveler who flies 50+ hours per year, fractional private jet ownership allows you to purchase equity in a specific aircraft. The number of hours you can fly per year is dependent on how much of the jet you own. With fractional ownership, most costs are fixed and predictable for the duration of the contract, and service and aircraft availability are guaranteed.

What are the new aircraft that will be joining your fleet in the coming months based on demand for more aircraft with global range, as you have stated in past press releases?

As part of a 50 aircraft order with Gulfstream, we have been taking deliveries of large-cabin Gulfstream G450s since 2015. In 2016, 100 percent of the hours available on Flexjet’s fleet of Gulfstream G450 large-cabin aircraft were sold; this paved the way for further G450 deliveries in 2017 as well as new additions to the fleet, including the ultra-long-range Gulfstream G650 in late 2017 and the large-cabin Gulfstream G500 thereafter, for which Flexjet is the North American launch customer.

These large-cabin and long-range aircraft allow our Owners to reach almost any destination from North America without having to stop.

Via our sister company Flexjet Ltd, we offer a dedicated fleet of Nextant 400XTi light jets based in Europe. Flexjet Owners flying there can now make the crossing from North America to Europe in one of our large-cabin offerings, and can utilize the fleet of European-based Nextant 400XTi light jets for practical intra-European travel to city pairs within the continent.

***

For more details on innovative programs and flexible offerings, visit www.flexjet.com


 

Featured Luxury Hotels

 


 

LUXURY PARTNERS

 

Springtime in Tuscany, 25% off
Relais San Sanino is a charming, unique resort in Tuscany, near Montepulciano, offering 4 Exclusive Luxury Suites in the Countryside.

 

 

Private Villa Rentals - Caribbean & Mexico
In the realm of world-class luxury private villa rentals, we know that the exceptional experiences our guests deserve are about much more than just the villa itself.

 

 

 

Carneros Resort and Spa - Napa Valley, California
The resort features 86 charming private guest cottages and suites and nightly private luxury home rentals, each furnished with casual elegance and nestled in a lush garden courtyard with private deck.

 

 

 

Calala Island - Nicaragua
A luxury resort named one of "The 10 Best Private Islands in the World" is nestled in the undiscovered part of the Caribbean, off the coast of Nicaragua. Come experience barefoot luxury in a pristine paradise!

 

 

 

WEALTH MAGAZINE
The luxury lifestyle - how to spend it on autos, jets, yachts, real estate, travel, shopping, wellness and all the best in life.

 

 

 

Anse Chastanet - St. Lucia
Set amid a lush 600-acre estate with two soft-sand beaches and breathtaking views of St. Lucia's iconic twin Pitons mountains, a UNESCO World Heritage Site.

 

 

 

Eden Roc at Cap Cana - Punta Cana
Offering exclusive luxury in the Dominican Republic, Eden Roc at Cap Cana, the only Relais & Chateaux hotel on the island, features 34 freestanding suites with private pools and stunning views.

 

 

 

ULTIMATE ADVENTURES
Explore the world outdoors - discover the best travel adventures, glamping, activities, gear, apparel, vehicles, and more.

 

 

 

Primland - Meadows of Dan, VA
A pristine Blue Ridge Mountain resort offering 12,000 acres of space, sky and shifting moods. Primland is the ultimate getaway for world-class golf, refined dining, and outdoor activities in an environment of rare natural beauty.

 

 

 

Rawai VIP Villas - Phuket, Thailand
A brand new family community and kids' park that epitomizes modern Thai luxury. Each of the 40 villas boasts a private pool in terraced courtyards.

 

 

Argentario Resort Golf & Spa
The Design Golf Resort - named 'Best Luxury Hotel in Italy' by Overseas Living Magazine - offers 73 design rooms, one luxurious villa for rent and a number of sophisticated homes for sale.

 

 

SUPERYACHT MAGAZINE
Living the dream - the world's best yachts for sale and charter. See the latest trends in yacht design, tech, toys, destinations and lifestyle.

 

 

Mountain Shadows
The new resort features timeless modern design, 183 guestrooms, a restaurant with an exhibition kitchen, two pools, a high-tech fitness facility, a fully revamped short golf course, a golf grill and lounge as well as 37,500 square feet of indoor and outdoor event space.

 

 

Jade Mountain - St. Lucia
Jade Mountain is an exclusive luxury 'resort within a resort' with 24 suites at St. Lucia's famed Anse Chastanet Resort, in a truly romantic and magical setting poised high overlooking St. Lucia's Piton World Heritage site and the Caribbean Sea.

 

 

Hotel Valley Ho - Scottsdale, AZ
Escape to the sun in Scottsdale! A hideaway for celebrities, this Downtown Scottsdale resort features generously sized guest rooms with all-glass walls opening onto airy patios or balconies, many with views of Camelback Mountain.

 

 

JETSETTER MAGAZINE
Luxury travel and lifestyle - discover all the best destinations, hotels, resorts, nightlife, adventure, shopping, safaris, villas, spas and much more.

 

 

A.M.A Selections
A.M.A Selections offers a portfolio of hand-picked villas on the French Riviera, Tuscany and Umbria, complemented with an exclusive range of concierge services such as private jet and yacht charter, private chef, car service, and more.

 

 

BINA - Luxury Yacht Charter 142'
Offering remarkable quantities of luxury for a yacht of her size category, nothing but unadulterated bliss awaits you on board BINA. Sleeps 10-12 in 5 cabins.

 

 

 

VOYAGES MAGAZINE
Exploring the World in Style - cruising, yachting, expeditions, family adventure, luxury, river cruising - all to the best destinations in the world.