Fractional Ownership News
Regent Jet takes aim at fractional jet operators
Private aviation operator Regent Jet says it has created a new concept in the fractional ownership industry and a new way for individuals and companies to manage their private aviation requirements. Its Private Jet Hedging services aims to give jet membership programme subscribers a way to reduce their cost-per-hour by hedging against their fixed-rate programmes.
The company says Private Jet Hedging offers clients access to pristine, late-model aircraft through a network of vetted aircraft operators, often at substantial savings over fixed-rate programmes.
“Jet membership programmes offer a generally high level of service with fixed pricing designed to produce outsized profits on some flights to offset other ‘loss-leader’ flights,” says Justin Sullivan, managing director of Regent Jet. “Regent Jet advises clients whether their programme offers the best value on a trip-by- trip basis. More often than not, we deliver a superior value.”
“Working with us is very simple – there are no fees or up-front deposits. We simply build a travel profile so that we understand each client’s preferences and requirements, and then provide clients with a 24- number to access our team. Clients either call or e-mail their travel requirements, and we analyze each trip, presenting a portfolio of options. Clients than choose the aircraft that is right for them, arrange for payment, and fly. There are no long-term commitments, no contracts and no strings attached,” said Sullivan.
www.regentjet.com
09/03/10
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