Login

Latest Insights and Trends

Explore our most popular and recent blog posts.

plan in the field

N823KD – Bombardier Challenger 604 Accident and Charter Safety Guide

The N823KD, a Bombardier Challenger 604, was involved in a fatal accident on February 9, 2024, near Naples, Florida, due to dual engine failure during landing, resulting in the deaths of both pilots. The National Transportation Safety Board's investigation revealed maintenance deficiencies, including corrosion in the engines and gaps in documentation, which contributed to the incident. This accident has prompted discussions about improving safety practices and aligning maintenance standards for business jets with those of commercial airlines. Jettly offers vetted charter options for travelers, emphasizing the importance of rigorous maintenance and safety protocols in private aviation.

Featured Blog

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

View all

Fractional Jet Ownership Resale, Buyback & Exit Guide

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

Fractional Jet Ownership Tax Benefits: Depreciation, Section 179 & Deductibility

Fractional jet ownership can offer significant tax advantages for qualified business operators, primarily through bonus depreciation, Section 179 expensing, and deductions for business-use flight activity. However, these benefits come with complexities, including compliance requirements, limitations on business use, and potential tax consequences such as depreciation recapture upon resale. The tax treatment varies based on ownership structure and individual circumstances, making it essential for buyers to consult with tax professionals to navigate these intricacies. For those prioritizing flexibility and reduced administrative burdens, jet card programs and charter services may provide simpler alternatives without the tax benefits associated with ownership.

View all

Fractional Ownership vs Jet Card vs Charter: Which Is Right for You?

This guide compares three private aviation options: fractional ownership, jet cards, and on-demand charter, highlighting their distinct trade-offs in cost, commitment, flexibility, and aircraft consistency. Fractional ownership requires a significant upfront investment and long-term commitment, making it suitable for frequent flyers (100-200+ hours/year) who value consistent access to a specific aircraft. Jet cards offer a more flexible, pay-as-you-go model ideal for moderate flyers (25-100 hours/year) seeking predictable pricing without ownership risks. On-demand charter is the most flexible and cost-effective option for occasional flyers (under 25 hours/year), allowing users to pay only for the flights they take without any long-term commitments.

View all

How Fractional Jet Ownership Works: The Complete Guide

Fractional jet ownership allows individuals or companies to purchase a share of a specific aircraft, typically ranging from 1/16 to 1/2, granting them a proportional number of flight hours annually and access to equivalent aircraft when their own is unavailable. This model provides the benefits of private jet travel, including professional management and operational ease, while reducing the financial burden compared to full ownership. Owners can expect to fly between 50 to 400 hours per year, depending on their share size, and the management company handles all operational aspects under FAA regulations. While fractional ownership requires a significant initial investment and ongoing fees, it offers equity and flexibility, making it suitable for frequent flyers, whereas those flying less may prefer alternatives like jet cards or charter services.

View all

Fractional Jet Ownership Cost: The Complete Pricing Breakdown

Fractional jet ownership in 2026 typically requires an upfront investment of $500,000 to over $1.5 million for a share, along with monthly management fees ranging from $8,000 to $25,000 and hourly flight costs of $4,000 to $9,000, leading to total five-year costs that can exceed $1 million. The structure includes various fees such as acquisition costs, management fees, fuel surcharges, and depreciation, making it essential for potential buyers to understand the complete financial implications. While fractional ownership offers flexibility and access to aircraft, it may not be cost-effective for those flying under 150 hours annually, where alternatives like jet cards could provide better value. A thorough analysis of all costs and usage patterns is crucial for informed decision-making in private aviation investments.

View all

Jet Card Tax Guide: FET, Business Deductibility & State Sales Tax

The Jet Card Tax Guide outlines key tax considerations for private jet card users, including Federal Excise Tax (FET), state sales tax, and business deductibility rules, aimed at CFOs and finance teams managing aviation budgets. FET is a 7.5% tax on domestic flights, with pricing typically quoted as either "all-in" (including FET) or "plus-FET" (added on top). Jet card flights may be tax-deductible if they meet IRS criteria for business expenses, while personal travel is generally non-deductible. The guide emphasizes the importance of understanding tax implications for effective financial planning and compliance in private aviation.

Latest Insights and Trends

Explore our latest articles and updates.

5 minutes

min read

Breaking Barriers: Meet the Fastest Private Jet in the World

The Bombardier Global 8000 is the fastest private jet in the world, reaching speeds of Mach 0.94 with an 8,000-nautical-mile range. Designed for luxury and efficiency, it features advanced aerodynamics, powerful engines, and cutting-edge avionics. Its smooth flex wing design enhances performance while minimizing turbulence. With high-end cabin finishes, a low-altitude pressurized cabin, and state-of-the-art air filtration, it ensures comfort and productivity. Available through Jettly’s elite charter programs, this aircraft redefines business and luxury travel.

Read More

5 minutes

min read

Cheapest Private Jets Today: Cost & Affordable Models

This blog explores various options for private jet ownership and the associated financial implications. Alternative models like jet card memberships and charter services are highlighted for their flexibility and cost-efficiency. Key factors such as operating costs, depreciation, and alternative ownership models are discussed to guide informed decision-making. Ultimately, thorough research and expert advice are recommended to find the ideal private jet that meets both luxury and budgetary needs.

Read More

Stay Updated with Our Insights

Join our community and receive the latest blog updates directly in your inbox.

MEMBERSHIPS AND ASSOCIATIONS

partner logo
partner logo
partner logo
partner logo
partner logo
partner logo