JetSafe launches fractional Vision Jet programme

Part 135 operator JetSafe has launched Shared Visions, a shared ownership and membership programme based around the Cirrus Vision Jet. 

Ownership program pricing is structured as an ownership interest purchase, a monthly management fee and an hourly occupied use fee. Participants purchase 1/5th or limited 1/10th ownership shares of a Vision Jet starting at $275,000 per share. Participants can also enrol as members in 35 hour annual usage increments. 

Additionally, programme customers get access to other fleet aircraft when their own is down for maintenance or in use by another owner. For longer trips or larger groups, customers also can access supplemental lift in larger aircraft from operator partners vetted by JetSafe. Programme owners get a share of revenue earned for traditional charter sales on empty return legs.

“The Shared Visions programme satisfies a market need for low-cost regional shared ownership and membership solutions,” said Kyle Hankinson, president of JetSafe. “Our programme is perfect for couples looking for a quick getaway or for regional corporate travellers seeking a better alternative to traditional charter or airlines.”

The entire fleet is enrolled in complete OEM airframe, engine and avionics programs, serviced through JetSafe’s approved network of over 30 Cirrus Authorized Service Centers across the US.

Unlike fractional or other programs operating under FAR Part 91 and 91K, Shared Visions aircraft are operated exclusively under FAR Part 135. This allows programme participants are not exposed to liability that comes with direct operational responsibility – emphasised by the FAA in Advisory Circular 91-84.

JetSafe is establishing regional bases for the Shared Visions programme across the US. JetSafe holds FAA authorisation to conduct charter flights to the contiguous United States and select islands within the Bahamas and Caribbean region.

Diana Schneider, MD of JetSafe, said: “We are excited to bring a unique regional shared ownership program to the market. This aligns with our purpose of providing safe and exceptional private aviation solutions that connect more people, places, and possibilities – fostering growth for our team and the clients we serve.”