Story ID: 
European skytime reduces prices
By: Charles Alcock
Caption: UK-based European Skytime has been remarketing NetJets Europe shares for almost two years under its Flight Commitment program.
Word Count: 107
UK-based European Skytime has been remarketing NetJets Europe shares for almost two years under its Flight Commitment program. On February 15 it revised its prices downward to reflect the fact that Executive Jet now allows one-eighth-share holders 100 occupied hours per year (compared with 75 hr previously).The new Flight Commitment hourly prices are as follows: Citation Bravo E4,600 ($4,000); Citation Excel E6,600 ($5,800); Citation VII  66,900 ($6,000); Hawker 800XP s7,500 ($6,600); and Falcon 2000 s11,700 ($10,000). These prices are, on average, between 2 and 8 percent less than Marquis’ occupied-hour rates. European Skytime now offers flight hours in blocks of 20, rather than 25. It offers a 30-percent discount on round-trip, same-day flights or those with just a single overnight.