New Life, New Job For Paris Jets

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Every so often we're reminded that there's nothing new under the sun -- or in the sky. A four-seat jet was developed by the French back in the 1950s. Refurbished models of the MS760x Paris Jet, complete with Chelton glass cockpits, now are being offered on the fractional market in Canada. JetSet Fractions, based in Burlington, Ontario, has 20 of them on order, and is selling shares at $60,000 for 25 hours per year -- monthly fees and hourly operating costs, of course, are extra. The twin-engine jets will cruise at 400 mph at 25,000 feet, JetSet says. A few of these jets have been trickling into the U.S. market in recent years, sometimes marketed as time-builders for VLJ owners who can't wait to take delivery on their new jets. The jets are imported to Calhoun, Ga. , where they are refurbished and upgraded. The result is a fully certified aircraft.