CitationShares: Your Ticket to Ride
CitationShares says it is taking a leap in going where no fractional aircraft business has gone before. The company, co-owned by Cessna Aircraft and TAG Aviation, is offering private jet accessibility in the form of a 20-hour jet card instead of the industry-standard 25. What that means is that customers can purchase just 20 hours of flight time at a beginning price of $75,995 (roughly $3,800 per hour) with no other costs. No fuel surcharges, positioning, international or landing fees will apply. CitationShares will accept payment by credit card. The company will also take a check or wire transfer. S&H Green Stamps are not encouraged. "Since its inception, our Vector JetCard program has been the most competitively priced on the market," said Steve O'Neill, chief executive officer of CitationShares. "But with the introduction of our exclusive 20-hour version, we are pleased to be making the luxury of private travel even more affordable. Quite simply, this new product reduces the barriers to entry and enables consumers to fly private with less commitment -- in terms of both flight time and expense." Under the program, members can have a private jet waiting for them in the continental U.S. with as little as eight hours' notice.