
This guide outlines the complexities of fractional jet ownership resale, focusing on resale value, buyback terms, and exit strategies for current and prospective owners. It highlights that fractional ownership is an illiquid asset with significant depreciation, typically retaining 60-70% of its value after three years and 45-60% after five years, influenced by contractual restrictions and provider control. Owners face challenges such as lockup periods, right of first refusal clauses, and ongoing costs until a sale is finalized, which can take several months to over a year. For those seeking flexibility without the burdens of ownership, transitioning to jet cards or charter services may be a viable alternative.


View all
Taylor Swift owns a Dassault Falcon 7X, a long-range business jet valued between $40 million and $58 million, with annual operating costs exceeding $3 million. The jet has attracted significant attention due to its environmental impact, as it was reported to have emitted 1,200 tonnes of CO2 in 2023, leading to public criticism and discussions about celebrity jet usage and climate responsibility. Swift's extensive touring schedule necessitates private air travel, and while ownership offers benefits like customization and privacy, platforms like Jettly provide flexible charter options that can be more cost-effective for occasional travelers. The article explores the jet's specifications, costs, and the ongoing debate surrounding private aviation's environmental footprint.
View all
The Bombardier CRJ 900 is a regional jet designed for short-to-medium-haul flights, accommodating 76 to 90 passengers and offering a range of approximately 1,784 miles. Since its introduction in 2001, it has become a key player in regional aviation, effectively linking smaller cities to major hubs across North America and Europe. The aircraft is popular for private charters, particularly for groups such as corporate teams and sports organizations, thanks to its efficient operational costs and flexibility in scheduling. Platforms like Jettly facilitate easy booking and tailored services for CRJ 900 charters, enhancing the travel experience for larger groups.
View all
The blog post discusses the advancements in high-speed personal aircraft, highlighting the Bombardier Global 8000 as the fastest private jet, capable of reaching Mach 0.94 using sustainable aviation fuel. It outlines the performance spectrum of modern personal planes, which range from single-engine aircraft to ultra-fast jets, emphasizing the importance of speed, efficiency, and comfort for business and personal travel. The article also covers critical factors such as operating costs, safety features, and the evolving market dynamics driven by innovation and competition among manufacturers. Finally, it touches on the future of aviation, focusing on sustainable practices and potential developments in electric and hybrid propulsion systems.
View all
The Airbus A340 is a four-engine wide-body aircraft designed for long-haul travel, with seating capacities ranging from 210 to 440 passengers depending on the variant and cabin configuration. The A340 family includes four models: A340-200, A340-300, A340-500, and A340-600, each differing in length, range, and typical seating arrangements. While production ceased in 2011, the A340 remains relevant for charter, VIP, and occasional scheduled services, with airlines customizing layouts based on market demand. Understanding the seating capacities and configurations of the A340 is crucial for planning group travel, especially when comparing options through platforms like Jettly, which connects clients with various aircraft for charter needs.
View all
A $2 million private jet typically buys a pre-owned light jet or a high-end turboprop, with total ownership costs potentially matching or exceeding the purchase price within five years. Annual operating expenses can range from $400,000 to $800,000, making ownership less economical for those flying fewer than 150-200 hours per year. Alternatives like chartering or jet cards often provide better value and flexibility without the complexities of ownership, such as maintenance and insurance. For potential buyers, evaluating actual travel patterns and costs through platforms like Jettly can help determine if ownership is a justified investment.
View all
Booking a private jet in Philadelphia provides business and leisure travelers with convenient access to numerous destinations along the East Coast, avoiding the hassles of commercial flights. Jettly offers a range of aircraft options and instant pricing for charter flights from various local airports, including Philadelphia International Airport (PHL) and Northeast Philadelphia Airport (PNE). Travelers can expect flexible scheduling, minimal wait times, and efficient customs processing, making private aviation an attractive choice for quick trips or last-minute travel needs. With transparent pricing and access to thousands of aircraft, Jettly simplifies the booking process for private jet charters in the Philadelphia area.
Explore our latest articles and updates.
.avif)
5 minutes
min read
Flying Made Easy: The Best Private Jet Charter Membership Options
Private jet charters offer unmatched flexibility, comfort, and convenience compared to commercial flights, with key considerations like aircraft availability, pricing, and safety standards influencing your choice. Jettly’s membership model provides access to over 23,000 aircraft, with transparent pricing, guaranteed aircraft access, and 24/7 concierge support. Additional perks include private terminal access, international travel capabilities, and customizable onboard amenities. With no hidden fees, Jettly ensures a luxurious and hassle-free private aviation experience.
Read More5 minutes
min read
Jet Card vs Fractional Ownership: Which Is Right for You?
This blog outlines the key differences between jet cards and fractional ownership for private jet access. Jet cards provide flexibility, short-term commitment, and predictable costs, while fractional ownership offers a longer-term investment with guaranteed access to specific aircraft types. The right choice depends on evaluating factors such as flight frequency, commitment level, and financial goals. Consulting private aviation experts can help you determine the best option for your travel needs.
Read MoreJoin our community and receive the latest blog updates directly in your inbox.
MEMBERSHIPS AND ASSOCIATIONS