Net Jets - Services

Services

NetJets sells fraction of specific aircraft, chosen from several available types at the time of purchase. When purchasing a fraction of an aircraft, the purchaser is considered an "owner." Being an owner offers customers the convenience, access, and time advantages of flying point to point in private jets. This also allows the owner access to more, often smaller, airports; possibly shortening travel to both arrival and departure point. Arrival and departure points along with departure time are chosen by the customer for each individual trip. Costs are higher than flying commercial carriers but lower than purchasing, staffing and maintenance of a similar private jet.

• Fractional ownership — the price is pro-rated from the market price of a full aircraft. Owners then have guaranteed access (50–400 hours annually, depending on share size) to that aircraft with as little as four hours’ notice. If the owner's aircraft is unavailable for some reason, another aircraft of the same type, or a larger aircraft, will be provided. Fractional owners pay a monthly maintenance fee and an “occupied” hourly operating fee. The latter is charged only when an owner or guest is on board, not when the aircraft is flying to a pick up point, or flying to another location after completing a flight.
• Marquis Jet Card — This plan is aimed for people who need fewer than the minimum of 50 flight hours with fractional ownership plans and do not want the usual five-year commitment of fractional ownership. All costs would be paid upfront and are sold in 25-hour increments.