US air taxi company ImagineAir is planning to double its Cirrus SR22 fleet over the next 12 months through the introduction of an ownership programme targeted at regular users of its on-demand service.
The Lawrenceville, Georgia-headquartered company is already the largest commercial operator of the four-seat piston single, with 11 of the type in its lineup.
It is hoping the new initiative – dubbed Platinum Membership – will help boost the inventory to more than 20 before the end of 2016.
“Demand for our service is growing year-on-year,” says ImagineAir co-founder and chief executive Ben Hamilton. The 10-year old company operates more than 5,000 flights per year, serving customers on the US East Coast.
Hamilton attributes the growing appetite for its niche charter offering to an increasing dissatisfaction with airline travel.
"Light aircraft like the SR22 provide a cost- and time-efficient alternative to regional airline travel,” he says.
Such small types can also fly point-to-point, due to their ability to operate from hundreds of airports and aerodromes, he continues, so customers can avoid the congested airline hub-and-spoke system.
“We now need to grow the fleet quickly in order to satisfy the growing demand for our service. This latest strategy will help us to do that,” saysHamilton.
Platinum Membership is targeted at ImagineAir customers who fly at least two regional trips per month. “They will purchase the SR22 [at a cost of $677,000] from Cirrus and then lease it back to us for a four-year term,” saysHamilton.
The aircraft will be absorbed into the ImagineAir fleet and painted, at the operator’s expense, in its homogeneous blue and white livery.
In exchange, these owners will receive more than $200,000 of free, unlimited travel – equivalent to about 200 one-way flights. ImagineAir will also cover the crew, hangar, insurance and fuel costs, Hamilton says.
“Our Platinum members get a hassle-free, maintenance-free travel and ownership experience,” he continues.
The first non-stop commercial airline flight from New York to Sydney has landed after 19 hours 16 minutes in the air. A total of 49 passengers and crew were on the flight, which was used to run a s...
Liebherr-Aerospace and ATR signed recently a ten-year agreement covering the supply of components, repairs and associated Pay-by-the-Hour services for the more than 300 ATR42/72-600 aircraft fleet....
The aerospace industry is at an exciting point as new technologies open opportunities for industrial changes that can be translated into tangible cost savings and growth. When the Dubai Airshow return...
The future is already here! Seraph, an electric air taxi , capable of carrying loads of up to 250kg, completed its maiden flight already back in August! Now, the first co...