Wed, May 23, 2007
Fractional Ownership Program Spending Some Money At EBACE
Luxembourg-based JetFly loves its turboprop singles. Hot on the
heels of its announcement at EBACE 2007 this week of six new Pilatus PC-12
orders, the fractional ownership program announced an
additional order for four TBM 850s to supplement an existing fleet
of three TBM 700s.
The first of these TBM 850s entered service Tuesday, according
to company officials. Contract value is US $11.4 million.
"With outstanding performances equivalent to those of a light
jet, the TBM850 comes at exactly the right time to support our
company’s development," said founder and Managing Partner of
JetFly Jacques Lemaigre du Breuil. "The aircraft can easily enter
the increasingly dense European air traffic. It flies at 320 ktas
at FL 260 without disrupting airliners, with an exceptional low
fuel consumption ratio for such a speed."
The TBM850s for JetFly's fleet have been specially customized
with an original paint scheme and interior created by architect and
designer Jean-Michel Wilmotte.
"We are proud to have JetFly, a very dynamic company, among our
customers," said Stéphane Mayer, Chairman and CEO of EADS
Socata. "That they have chosen to order our new aircraft is
evidence that the TBM 850 meets fractional ownership expectations.
Their commitment to quality and excellence in their service are key
to their well-deserved growth. I also take this opportunity to
salute the longstanding confidence of the JetFly executives'
longstanding confidence in the TBM concept, first as private
individuals and then as JetFly's directors."
JetFly is the only European company dedicated to the management
of aircraft under fractional ownership. Created in Luxembourg in
1999, JetFly operates the latest generation aircraft for more than
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