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Regent Jet offers new hedging service

March 10, 2010

Regent Jet, a renowned private jet operator, says that it has developed a new concept for the fractional ownership industry—a new way for individuals and companies to manage private aviation requirements.

The company new Private Jet Hedging service aims to cut down the members’ cost-per-hour by hedging against fixed-rate programs.

Regent Jet says that the new service will offer clients access to state-of-the-art aircraft through a network of vetted operators, a configuration that offers substantial savings compared to fixed-rate programs.

“Jet membership programmes offer a generally high level of service with fixed pricing designed to produce outsized profits on some flights to offset other ‘loss-leader’ flights,” explained Justin Sullivan, managing director of Regent Jet. “Regent Jet advises clients whether their programme offers the best value on a trip-by- trip basis. More often than not, we deliver a superior value.”

He continued: “Working with us is very simple—there are no fees or up-front deposits. We simply build a travel profile so that we understand each client’s preferences and requirements, and then provide clients with a 24- number to access our team. Clients either call or e-mail their travel requirements, and we analyze each trip, presenting a portfolio of options. Clients than choose the aircraft that is right for them, arrange for payment, and fly. There are no long-term commitments, no contracts and no strings attached.”

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