Welcome to Jet-Alliance, where Shared Jet Ownership, also known as Fractional Jet Ownership, can become a reality!

   Welcome to Jet-Alliance, where Shared Jet Ownership, also known as Fractional Jet Ownership, can become a reality!

 

Jet-Alliance In The News


Citation Mustang


Los Angeles Business Journal - October 2007

Affordable Jet Ownership—It’s About Time

Jet-Alliance Emerges as the Leader in Very Light Jet (VLJ) Shared Ownership by Nanette S. Metz, PhD

Many dream of owning a private jet—that dream will soon be a reality for more than just a special few. The time has finally arrived for a whole new market segment to be served. With time being the most valuable commodity for many individuals, this development is overdue. Privately owned aircraft present a welcome relief to the burdens experienced by today’s travelers.

The cost of private jet ownership has been the main obstacle preventing most people from taking part in its benefits. “Before now, only the wealthiest of families and the largest of businesses could consider ownership in a private jet” said Randall Sanada, Chairman of Jet-Alliance, Inc. “Today, families of moderate wealth and even small business can own a private jet.” Jet Alliance developed a unique offering: a true shared ownership business model with a genuine focus on serving the best interests of the owners. The result is a significant reduction in the cost of purchasing and operating private jets.

After experiencing the many benefits of aircraft ownership along with the inherent challenges and responsibilities, Sanada was intrigued by the progress and success of the fractional jet ownership industry. Yet he believed there was a better way to serve the best interests of aircraft owners. In 2000, Sanada and members of his wealth management firm incorporated Jet-Alliance. Prior to launching, Sanada assembled a team of aviation advisors to research, construct, and implement a program to provide a winning alternative for the consumer. In designing the Jet-Alliance business model, the team ultimately combined three significant concepts:

Savings through Shared Ownership
Industry participants (NetJets, FlexJets, FlightOptions as well as various start-ups) were analyzed to evaluate their significant contributions to the fractional market. The obvious benefit of cost sharing is its significant savings over owning an entire aircraft. Professional management saves time as well. Owners have access to the entire fleet, not just their own aircraft. However, the high price to purchase and operate conventional jet aircraft causes even fractional programs to be out of reach of most cost-conscious prospective owners. The good news is that we are no longer limited to the use of conventional aircraft.

Efficiency of New Technology Aircraft
VLJs have brought the benefits of private aviation to a larger market base. Previously, entry level jet aircraft such as the Cessna CJ1 were available for approximately $5 million. In comparison, fully equipped VLJs are now available at $1.8 to $3.0 million. Simple math provides pricing in a shared ownership arrangement: A ¼ share in a Cessna Citation Mustang is approximately $750,000 and an Eclipse 500 is less than $500,000. Jet-Alliance shared-owners receive all the benefits and utility of multiengine private jet use, now at a “fraction of fractional” pricing.

Wealth Stewardship Business Model
With over 35 years of wealth management experience, Jet-Alliance builds on the stewardship attributes of Sanada’s investment advisory firm. Jet-Alliance is part of Alliance Financial Group, Inc. whose holdings also include a registered investment advisor, a securities brokerage firm and a national bank & trust company (assets $5B). When responsible for the management of someone else’s wealth or property, it is critical to perform with an attitude of serving the best interests of the owner. The Jet-Alliance team practices the concept of offering full disclosure. Only the actual costs of ownership and operations are paid by the owners. All cost sources, including the firm’s compensation are fully disclosed to the owners. Additionally, net revenues of any aircraft charter revenue are paid to the owners. The model is designed around the firm’s three core values: Safety, Stewardship and Excellence with special attention on what is fair and reasonable for all parties.

This explains why Jet-Alliance has emerged as the leader in shared ownership programs for VLJs. By recognizing the latest in technology, it places a high priority on staying ahead of market developments as this new technology matures. Manufacturers of Next Generation aviation platforms are creating even faster, lighter, environmentally responsible aircraft including the Eclipse 500, Cessna Citation Mustang, and HondaJet. Jet-Alliance offers these aircraft and more.

The distinction of being the firm to take delivery of the world’s first VLJ, (Eclipse serial #1), has given Jet-Alliance national recognition. Currently its initial operations are focused in Southern California. Operations will expand to the North and to the East to accommodate a growing list of owners awaiting delivery of a VLJ in their area.

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Jet-Alliance is not a Flight Services Provider. All transportation services are provided by a federally licensed direct air carrier.

Jet-Alliance, Inc. 3390 Auto Mall Dr., Westlake Village, Ca. 91362
phone: 866.538.2554 - fax: 805.371.8008 - email: info@Jet-Alliance.com
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