Executive aviation firm Jetex and fractional ownership-based business aviation brand JetClub have announced a new memorandum of understanding (MOU).

It will see Jetex expand its HondaJet Fractional Ownership Programme with JetClub, as a “natural evolution of its service”, according to Jetex founder and CEO, Adel Mardini.

For JetClub, it’s a chance to widen its network in the Middle East market.

“Business and leisure travel has resumed, and private aviation is a fast, hygienic, safe, efficient option. Our agreement with Jetex allows us to explore the market, gain feedback from clients and expand our service offering, ensuring our clients have the best possible experience around the world. Our goal is to allow our clients in the United States, Europe or Asia to be able to have access to a worldwide fleet,” said Vishal Hiremath, Founder and CEO, JetClub Group.

Fractional ownership has made private jet travel accessible to new consumers for the first time, JetClub and its sister company, Jet It, now operate a fleet of 14 HondaJet aircraft, making the group the largest HondaJet operator in the world.

JetClub’s HondaJet is on display at the Dubai Airshow 2021 and at the Jetex VIP Terminal. The HondaJet is one of the lightest, quietest, and most fuel-efficient jet in its category, burning four times less fuel than a larger aircraft. With 70 per cent of the group’s flights less than three hours in duration with less than four passengers, it is a more sustainable, economical, hygienic, safe and convenient way to fly.

JetClub is based upon a fractional ownership model in which club members purchase a share of the jet in return for a certain number of days and not hours, which is a unique innovation in this space. JetClub and Jetex say they aim to make business aviation more accessible at a lower cost with exceptional service and a relentless priority on safety and efficient operations.

jetex.com, jetclubgroup.com