Why Traditional Fractional Jet Programs Are Being Replaced

PlaneSense specializes in fractional aircraft ownership, offering a unique model that combines shared ownership with in-house operations, maintenance, and training, primarily using a fleet of Pilatus aircraft. Founded in 1995 by George Antoniadis, the company provides clients with access to private aviation without the full costs and management burdens of owning an entire aircraft. With a focus on safety, reliability, and exceptional customer service, PlaneSense operates a fleet that includes 43 PC-12 turboprops and 14 PC-24 jets, allowing access to a wide range of airfields. The program offers structured ownership options with guaranteed aircraft availability, making it a compelling alternative to traditional charter services like Jettly.

Michael Jordan’s move from a legacy Gulfstream G550 to a new Gulfstream G650ER wasn’t about prestige—it was disciplined asset management. By exiting an aging airframe before heavy maintenance cycles, his flight department locked in reliability, range, and predictable operating economics. The G650ER’s nonstop global reach reduces downtime, crew inefficiencies, and long-term cost volatility. It’s a textbook example of UHNW aviation shifting from status symbols to performance-driven capital strategy.