News

Share a private jet ride with one click

The private jet industry has introduced the “Share a Jet” concept, which allows passengers to cut costs and avoid PR problems whenever they board private jets.

When you log on to shareajetexchange.com and plug in your desired destination along with the other details, including times and number of fellow passengers.

 At the opposite end of the exchange are private jet charter companies or jet owners who log in an offer shares of the flights for sale. The website matches the jet companies / jet owners with the passengers.

The exchange can cut costs by up to 50 percent, said Ricky Sitomer, CEO of Blue Star Jets. A flight from US to Europe, which usually costs $120,000, can cost a customer only $50,000.

The program could take off, since the recession is making everyone save, especially corporate. To make thing worse, companies that fly private attract bad press. With this program, they can ride a private jet without the bad PR.