Ryan Stone, CEO of air taxi operator Jetpool, LLC, reports that they have taken delivery of their first Embraer Phenom 100 jet. The company is therefore launching a 'Jetpool Shares' fractional ownership program. "The Phenom 100's ultra-efficient design hits the sweet spot of the average domestic business trip, 2-3 people traveling about 500 miles, yet costs roughly 30% less to own and operate than comparably sized jets," said Stone.

"With this new aircraft, Jetpool brings to the table a phenomenally low jet air taxi price point," Air Taxi Association President Joe Leader stated. "The value provided in on-demand jet service under $2,000 per hour brings down the cost per passenger into the range of $1,000 a round trip."

Jetpool offers three programs for the Phenom 100:

Charter - at under $2000/hour, you can get a glimpse of how a private jet might forever change your life by chartering the Phenom 100 starting this summer. By jetpooling with your colleagues, the cost of a typical roundtrip becomes comparable to the airlines yet provides a no-hassle, time-saving experience that's second to none.

Jetpool Shares - at under $1400/hour all-in, the cost of Jetpool's quarter share makes this option the perfect tool for clients who understand the benefits of private aviation, want the convenience and safety of a professionally managed shared jet, but are looking for a more affordable and tax efficient alternative at 'less than half the cost' of traditional fractional offerings. The Jetpool Shares program gives each quarter share 73 days of use per year with no hourly limits, plus the jet is locally based.

Ownership - at under $1200/hour all-in, balance your budget and your life with outright ownership of the Phenom 100, perfect for clients who need an airplane for more than 150 flight hours a year but also need to trim expenses. Jetpool handles the turnkey management of the entire operation. The low ownership cost is achieved by placing the aircraft into the Jetpool Shares program and permitting limited charter.

FMI: www.flyjetpool.com