CitationShares: A Fanciful Fleet
Fractional Aircraft Ownership: Patrons of CitationShares fly high as the firm offers fractional-ownership plans and private-jet charters with aircraft operated by Cessna and TAG Aviation. The entire fleet is made up of Cessna Citations that include the Sovereign, the Bravo, the CJ3, and the CJ1. The Citation Sovereign, which carries up to nine passengers and is capable of coast-to-coast flights (3150 nautical miles), is the largest aircraft. Other jets available comfortably accommodate five to eight passengers.
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CitationShares also provides full-concierge service to passengers to complement travel itineraries, such as arranging transportation, social and entertainment activities, or personal affairs. The company's four fractional-ownership programs, CiteLines, are simple and have no hidden or additional costs other than participants paying one flat rate that can be paid annually or monthly. CiteLines has 365, 350, 335, and 320-day flying plans. The 365-day availability is the most expensive, while the 320-day plan is the least costly. It is industry-wide knowledge that there are 15 peak-travel days yearly. CitationShares' flyers receive significant savings by not traveling on those busiest travel days. It is a value-added incentive that can save travelers tens of thousands of dollars over a year.
All of the company's pilots are trained in CPR, first aid, safety, and type-rated to fly one type of aircraft. The pilots are trained at the highly regarded FlightSafety International and have an average of 8,000 hours of flight experience. Additionally, pilots are required to return to FlightSafety every six months for five to seven days of recurrent flight training. They also are required to complete a program of recurrent ground training annually.
An eight-hour notification is required to book flights within the continental U.S., and a 24-hour notice is required for Caribbean, Bermuda and Turks Caicos flights. A 24-hour notice also is required for all flights occurring on the 15 peak-travel days. For individuals or firms chartering jets for a minimum of 20 flight hours over an 18-month timeframe, the various Vector Jetcard programs are definitely worth checking out.
For LxM James Rothaar
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