““Ride-sharing, in the old days, was everyone hopping in the VW bus to see [the Grateful Dead’s] Jerry [Garcia]. Now it’s about getting a seat on a King Air 350i.” Source: New York Times ”
Flexjet Announces Learjet 85 Fractional Program
Bombardier-owned Flexjet will offer fractional shares in its parent company's new eight-passenger
Learjet 85. The model, built primarily from carbon composites, has greater range (3,000 nautical miles) and more cabin space than any previous Learjet and offers high-speed cruise of Mach 0.82. Other features include advanced avionics, entertainment and wireless Internet systems. To encourage current Flexjet owners to place a deposit on a share in the new model, the company will waive early-termination fees for existing contracts on other aircraft types that will not expire until after delivery of the Learjet 85.