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Premier Private Jets, a Florida-based regional business aviation service provider, has launched a fractional ownership program touted as the best value in the industry.
“Our objective is to put private aviation within reach for companies and individuals that might not have considered this possible,” said Josh Birmingham, Founder and CEO. “We started with economical charter and jet cards and now have a compelling fractional product.”
The program offers shares in Premier Private Jets’ fully owned fleet of Hawker 800 series midsize aircraft, which are maintained in-house and equipped with up-to-date WI-FI and high-speed cabin connectivity.
“The Hawkers have long been prized for their cabin comfort, durability, reliability and coast-to-coast range,” said Birmingham. “By standardizing on the Hawker, we deliver a uniform product and the efficiency of supporting and training for one fractional model.”
“These are not brand-new aircraft, by intention. Shares are roughly half the cost of comparable new aircraft and experience less depreciation over a three-year contract period. They offer a more flexible ownership option than traditional five-year fractional lock-up periods. That adds up to substantial savings while giving passengers all the capability of a new aircraft,” said Birmingham.
By maintaining the aircraft at its three Part 145 repair stations, Premier Private Jets ensures high-standard maintenance at lower costs, providing priority booking, high availability, and reduced expenses for users.
PremierShares adopts a day-based rather than an hourly model. A 1/16th share allows for 20 days of use instead of 50 hours, while a 1/8th share offers 40 days instead of 100 hours. This model provides significant savings for the right kind of user. Companies aiming to fly multiple legs during a 14-hour duty day can achieve more at a lower cost.
For instance, a company making a four-hour round trip over 20 days would accumulate 80 flight hours with its 1/16th share, compared to the standard 50 hours.
Additionally, the plane and crew can stay at the passenger’s location, allowing for flexibility in scheduling the next leg either ahead of schedule or later according to the passenger’s wishes.
PremierShares typically operates in the Eastern U.S., but can extend services farther west or internationally for an additional charge.
“This is an exceptionally efficient program for individuals and medium size companies with regular commutes or a need to visit multiple locations on a regular basis,” said Birmingham. “We’ll work with them to structure an ideal program consisting of either charter or fractional products, or some combination of the two.
Premier Private Jets offers retail charter, jet cards, and the unique Florida Express Jet Club, featuring low charter rates for flights starting or ending in Florida. All of Premier’s options provide exceptional value in today’s market.
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