Jet-Alliance’s Fleet is Growing with the Addition of Another New
Eclipse 500 Jet
Jet-Alliance Continues as the Leader in VLJ
Shared Ownership
Westlake Village, CA (December 6, 2007) -- Jet-Alliance, a
California-based shared jet ownership company, is scheduled to take
delivery of its next new Eclipse 500 jet this month. The aircraft
(serial #84) will fly in conjunction with serial #1. Jet-Alliance
took delivery of the world’s first production very light jet (VLJ)
at the end of last year. As a co-owner of the first VLJ, Randall
Sanada, Jet-Alliance chairman, appreciates the efficiency of this
category of aircraft. “Instead of VLJ, perhaps it should be known as
V-E-J for very efficient jet.”
As a benefit of the recent technological innovations, the aircraft
flown by Jet-Alliance owners are the most environmentally friendly
available. With the Eclipse 500 burning less than 70 gallons an
hour, it sets a prime example of a green aircraft with low aircraft
noise and low engine smoke emissions. “Air and noise pollution
concerns hit especially close to home for airport communities and
frequent air travelers…the Eclipse 500 [is designed] to be a great
neighbor in every sense,” said Vern Raburn, president and CEO of
Eclipse Aviation.
Technological advances in aircraft design combined with an increased
need for fast, efficient travel are the catalyst for the developing
market of affordable jet ownership through shared ownership. This
Next Generation of aviation technology is creating the fastest,
lightest, most environmentally sound aircraft in the air including
the Eclipse 500, Cessna Citation Mustang and the HondaJet. The new
technology also has reduced the production and operating costs so
the jets are more accessible to potential owners. For instance, the
Eclipse 500 retails at $1.8 million (fully equipped) compared to the
price of $8.2 million for a LearJet40XR. Jet-Alliance has emerged as
the leader in shared ownership programs for the VLJ.
Jet-Alliance is working with TerraPass, the leading consumer brand
in the carbon offset market, to be a positive force in protecting
the environment. As a result, owners of Jet-Alliance aircraft will
be given the option to offset their carbon footprint for each trip.
Jet-Alliance, borrowing a core value born of its parent wealth
advisory firm's "stewardship" culture, is committed to serving the
highest and best interest of its aircraft owners and the environment
by working to balance emissions.
By recognizing the latest in technology, Jet-Alliance places a high
priority on staying ahead of market developments as this new
technology matures. Jet-Alliance is also the first fleet buyer for
the Honda Jet and expects to add a Cessna Citation Mustang this
coming year.
The true shared ownership model offered by Jet-Alliance, Inc. allows
the co-owner to enjoy the benefits of ownership without taking on
the responsibility, cost or risk of the entire venture. No longer
are high end travel and leisure products only available to just the
affluent market segment. With shared ownership, families of moderate
wealth and small businesses, can now afford to enjoy the comfort of
private jet travel. Owners take control of their time, by avoiding
crowded airline terminals and congested highways.
In the aviation industry, the shared ownership model and fractional
ownership enable the owner to hold part of the title of a specific
aircraft. NetJets originated the concept of fractional ownership of
business jets. The number of companies and individuals participating
in fractional ownership programs has grown by 76%, from 3,834 to
6,737 shares between 2000 and 2005. The true shared ownership models
followed by such companies as Jet-Alliance, in combination with the
efficiencies of the VLJ aircraft provide even greater savings. For
example, a ¼ ownership share in and Eclipse 500 Jet is only
$450,000.
About Jet-Alliance
Founded in 2000, Jet-Alliance offers a unique opportunity: a true
shared ownership business model with a genuine focus on serving the
owners’ best interests. 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). Sanada said, “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.”
By blending the Next Generation technologies with a solid foundation
in service and operations, Jet-Alliance has established itself as a
trusted provider in the VLJ market. Jet-Alliance has immediate
availability of shared ownership positions in the Eclipse 500 jet
and soon other VLJs. Jet-Alliance is accepting additional delivery
positions from owners who would like to bring their aircraft into
the program in order to save in the cost of aircraft ownership. For
additional information on Jet-Alliance, call (805) 371-8020 or
toll-free at (866) JET-ALLIANCE (866-538-2554)
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