UK Outfit Offers VLJ Shares

Farnborough, England-based Speedflight is offering fractional shares in Eclipse EA500 very light jets. The company currently owns one Eclipse (based at London's Luton Airport), has started negotiations for a second and intends to have three by the end of next year. Speedflight says its aircraft will be operated by two-pilot crews and that it "can guarantee to beat any air-taxi/air-charter price, hour for hour." For a limited time, moreover, buyers of a 1/16th share will receive five-days' use of a Pearl 60 yacht in Spain, a bonus that the company values at 15,000 pounds (about $23,500).