Time Air Launches Aircraft Management Program Greytscale

Fleet operator Time Air announced the launch of an aircraft management program called Greytscale. The program, which features a charter revenue component, gives new owners access to their own aircraft at a lower total cost of ownership than comparable jets on the market, according to the company.

Cost savings from Time Air's Nextant 400XTi fleet has been proven over five years because of the 400XTi’s value and the company’s ability to generate charter demand when the owner is not flying.

“The Greytscale program makes aircraft ownership simple, accessible and cost effective,” said Time Air managing director Martin Pražský. “We have flown over 8,300 hours on our Nextant fleet and will soon accept delivery of our fifth 400XTi. Its 3,700 km range, best-in-class operating costs, and roomy cabin make it the ideal launch platform for the Greytscale program.”

Time Air, which operates Europe's largest 400XTi fleet, is displaying one of its 400XTis in Greytscale livery at the Nextant Aerospace static display (SD18).