Jet Republic Launches 'Free to Fly' Program

Business Jet Traveler » August 2009
Tuesday, September 1, 2009 - 5:00am

Portugal-based Jet Republic's new "Free to Fly" program offers clients what appears to be a somewhat different twist on standard fractional-share deals. Buyers purchase an entire Learjet 60XR, which the company will buy back at 50 percent of original cost in five years. In the interim, buyers can enjoy tax depreciation benefits and fly 200 hours per year without paying hourly fees, a savings of about $1.8 million annually, according to Jet Republic. (More flight time is available at an hourly rate.) The deal includes a flight attendant on each trip and access to a worldwide concierge service.

Share this...

Add your comment:

By submitting a comment, you are allowing AIN Publications to edit and use your comment in all media.

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.


“"At first I thought flying privately was a luxury and I felt guilty. Then I realized how much more I can do in a week than I would if I had to fly commercially.” ”

-Golf great and entrepreneur Annika Sorenstam