In his recent “Inside Fractionals” column for Business Jet Traveler, Shaircraft CEO, James Butler, reports that some fractional companies have reduced or altogether eliminated ferry fees — a trend that may soon spread industry-wide.
Butler writes, “Ferry fees [charged to reposition an aircraft when flying outside of your service area] stick in the craw of fractional owners. Having purchased their share precisely to enjoy greater convenience flying to out-of-the-way places, owners are frustrated to find that they have to pay extra to get where they want to go.”
Butler cites two providers, NetJets and FlexJet, who both recently have expanded their ferry-free service areas. He adds, “[C]itation Shares and Flight Options may soon have to follow suit or risk losing customers to their competitors. In the end, it may well be that for many owners, ferry fees will become a thing of the past.”
Inside Fractionals: “Ferry Fees Could Be On the Way Out”
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