Flexjet has introduced Global Access, a flexible lease program providing access to a large-cabin fleet at an hourly rate structure that decreases the longer the distance flown in order to reflect the efficiencies of long-range travel.
Global Access can be added to existing fractional ownership contracts or acquired through standalone leases. Unlike traditional fractional ownership programs, participation in Global Access does not entail buying shares in a particular jet. Instead, participants will be able to access Flexjet’s entire fleet of large-cabin aircraft, with Flexjet providing the most mission-suitable large-cabin jet for each international trip requested.
“We began offering Global Access on a test basis in early 2015, and have been carefully refining it since then based on the response of fractional owners and corporate flight departments,” said Michael Silvestro, Flexjet’s chief executive officer.
“As we publicly launch Global Access, the program is primed to serve a segment of the private jet travel market that needs a flexible means of accessing large-cabin aircraft for non-stop international travel.”
All Global Access participants will have access to Flexjet’s growing fleet of long-range aircraft, including the Bombardier Global Express and Gulfstream G450. In addition, the program will offer access to long-range aircraft that will be joining the Global Access fleet over the coming years, including the Gulfstream G650, the Gulfstream G500 and the Aerion AS2, which will be the world’s first supersonic business jet.
“Global Access will open up the world to our current fractional owners as well as corporate flight departments that have a need for large-cabin aircraft with international range, but not enough to justify whole aircraft ownership,” added Silvestro.