Story ID: 
JetSuite Jumps into Business Aircraft Management
By: Chad Trautvetter
Caption: An increase in charter flying demand and growth in its SuiteKey block charter program led to the creation of the multi-tiered aircraft management o
Word Count: 211
JetSuite has delved into aircraft management with a new program designed to reduce the cost of ownership for single-aircraft owners. “Strong demand” in JetSuite’s charter flying and growth in its SuiteKey block charter program led to the creation of the multi-tiered aircraft management offering, according to JetSuite.

“We are thrilled to provide single-aircraft owners with three options that are tailored to their aircraft management needs,” said JetSuite CEO Alex Wilcox. Each of the three options offers owners reductions in the cost of operating their airplanes, with the level of aircraft availability based on their expected flying needs.

The first option, RedStripe, is for owners who plan on occasional use of their aircraft, giving JetSuite primary access for charter. Under RedStripe, JetSuite absorbs all operational and management costs. GreyStripe is targeted at owner/operators and small corporate flight departments seeking additional revenue for their aircraft during specified blocks. With this option, the owners outsource the maintenance oversight and compliance under FAA Part 135; on charter trips, JetSuite crews fly the airplanes, while owners continue to operate their aircraft for their own travel. WhiteStripe is billed as a more traditional option, outsourcing the complete operation to JetSuite while retaining owner control of the availability of the aircraft.