Tue, Jan 04, 2022
Fractional Ownership Company Sees Growth, Expansion to 23 Aircraft
Fractional ownership company and world's largest HondaJet operator Jet It hits the ground running as it heads into 2022, announcing another expansion of its fleet as it retains its momentum from 2021.
The company accounts for over 10% of the flying HondaJet fleet, racking up nearly 20% of the type's flight hours over its 3 years of operation. Their selection of the HondaJet went far in building a unique, recognizable brand for the company as one of the few fractional offerings for the distinctive aircraft. Jet It has bolstered their fleet with 2 Gulfstream G150s, but by and large have found a solid measure of success by being one of the only ways for many buyers to enjoy ownership of Honda's aeronautical work.
Recent additions to the company have seen 23 aircraft in operation, up 13 from the year before, as well as 70 additional employees in the US and 8 in Canada, a 150% expansion over its 2020 size. In a 2021 interview with Aero-News, co-founder Glenn Gonzales said he expected to bring the overall fleet to 30 aircraft by the end of 2022.
He and his Jet It co-founder Vishal Hiremath were named as Ernst Young Entrepreneur of the Year Awards for the Southeast in 2021, gaining lifetime membership to the multi-industry community of winners around the world.
"The Jet It model is the first of its kind, and 100% of our growth and awards are due to the tremendous talent we have throughout our organization," said Gonzales. "As former Honda employees, Vishal and I are excited to extend our Jet It and JetClub HondaJet and Gulfstream fleet into more geographic regions and provide the opportunity for our global clients to experience more of life."
"Our vision extends beyond transportation to enriching lives. Adding 13 new HondaJet and Gulfstream aircraft in one year is just the beginning of our plan to be of value to our customers and community."
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