Fractional jet ownership provider Flexjet reported sales for the first half of 2018 increased 17% over the same period in 2017. New business grew even more strongly, expanding by 76% year-over-year; additionally, more than half (57%) of new Flexjet owners came through referrals, indicating strong satisfaction among existing owners.
“During the past several years Flexjet has delivered the fractional industry’s youngest fleet, expanded service overseas and introduced innovative programs such as our Red Label by Flexjet premium offering. The results of this investment are clear: strong growth, driven in large part by the satisfaction of current owners,” said Flexjet CEO Michael Silvestro. “The growth we have achieved is only a start as we strive every day to be the world’s premier private jet travel provider.”
Other notable results from the first half of 2018 include:
Flexjet first entered the fractional jet ownership and leasing market in 1995. Its program is the first in the world to be recognized as achieving the Air Charter Safety Foundation’s Industry Audit Standard and is the first and only company to be honored with 19 FAA Diamond Awards for Excellence.
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