Best Of The Best 2006: Fair Shake

<< Back to Robb Report, June 2006
  • Joseph E. Burnside

CitationShares, the fractional operator co-owned by Cessna Aircraft and TAG Aviation, is offering innovative, accessible incentives. Its Preferred Positioning option, for example, allows discounted travel on unoccupied planes flying to or from a point on another customer’s trip. The company also has launched a program that waives repositioning fees for all Saturday trips to and from the Caribbean that fall within designated four-hour windows. Finally, a Value Plus option lets you purchase additional hours in any increments on any CJ1, Bravo, or Excel in the company’s fleet. Fractional prices range from $430,000 for a one-sixteenth share (50 hours) of a small, six-seat Citation CJ3 to $975,000 for the same share of a medium-size, nine-seat Citation Sovereign.

As fractional contracts that were signed at the beginning of the decade reach their maturation dates, buyback policies—referring to the rate at which an operator will purchase shares back from an owner—are drawing attention. CitationShares has won praise for offering some of the best buyback rates in the business, usually well above the industry average of about 70 percent.

CitationShares
203.861.9667
www.citationshares.com

From Around the Web...
One of Qatar Airways' Boeing 777 aircraft in flight.
The new seat configuration can transform into a private retreat for up to four travelers…
The Airbus Pop.Up
Pop.Up can attach to a chassis and wheels for driving or a set of rotors for flying…
Pilatus PC-12 turboprops
Tradewind Aviation claims its $395 hop is an hour faster than the airlines’ flights…
Manhattan Airship
Embraer’s VP of interior design discusses the Manhattan Airship and the Hollywood Airship…
EHang 184 flying taxi
The EHang 184, the world’s first passenger drone, is being prepared for a July launch in the...
Pal V flying car
Pal-V becomes the first flying-car company to accept customer orders…
MGM/REX/Shutterstock
Planes have played pivotal roles in some of the most indelible movie scenes: Cary Grant being...
XB-1 Demonstrator
The company completed wind-tunnel testing and recently announced a partnership with Virgin Galactic...
See which private-jet and airliner interiors made the shortlist for the Crystal Cabin Award…
DesignQ creates new luxury interior concepts for a business jet
Focused on comfort, the interior includes a private lounge, a dining area, and a large shower…