Marquis Jet is a wholly owned subsidiary of NetJets, Inc. and sells the Marquis Jet Card by NetJets. Marquis Jet Card by NetJets program flights are operated by NetJets Aviation or NJI under their respective 14 CFR Part 135 Air Carrier Certificates. The Marquis Jet Card is 25-hour blocks of flight time on the NetJets

NetJets

NetJets, a subsidiary of Berkshire Hathaway, offers fractional ownership and rental of private business jets.-History:NetJets Inc., formerly Executive Jet Aviation, was founded in 1964 as one of the first private business jet charter and aircraft management companies...

fleet with no long-term commitment.

History

Marquis Jet Partners, Inc. was founded in June 2001 by Kenny Dichter and Jesse Itzler

Jesse Itzler

*Thirty Footer in Your Face *# Shake It*# $55 Motel*# Keepin' It Funky*# Sho Nuff Bumpin'*# Poison Ivory*# Body Heat*# Dave The Bookie*# College Girls *# Ain't No Thang*# Rhymes At Will-College Girls :...

. Marquis Jet developed the fractional jet card concept, which allows cardholders to purchase flight time on a fractional-aircraft-ownership fleet without the long-term commitment of fractional ownership

Fractional Ownership

In business, fractional ownership is a percentage share of an expensive asset. Shares are sold to individual owners. A fractional owner enjoys priorities and privileges, such as reduced rates, priority access on holidays and income sharing. Typically, a company manages the asset on behalf of the...

 itself, and thus without a large capital outlay or monthly management fees. They discovered a "working wealthy" niche market that was seeking to fly privately to have greater control of their own schedules and to save time as their demands for business and personal travel increased. But this niche market did not necessarily have the money, the travel needs, or the desire to justify ownership and management of a complete aircraft or a fractional aircraft share.

The company was acquired by NetJets, Inc. on November 3, 2010.

There are currently 3,500 Marquis Jet Card Owners who each fly approximately 25–50 hours annually.

Marquis Jet's main office is located in New York, New York with other offices in Boston, Massachusetts, Chicago, Illinois and Santa Monica, California.

Services

The Marquis Jet Card provides access to the NetJets fractional aircraft fleet in blocks of 25 hours with no long-term commitment. All Marquis Jet Card program flights are operated by NetJets Aviation or NJI under their respective 14 CFR Part 135 Air Carrier Certificates.

A Marquis Jet Card gives Card Owners 25 hours of occupied flight time on one of the 9 aircraft types available in the program.

A Combination Card gives cardholders the ability to purchase 12.5 flight hours on one aircraft type and another 12.5 flight hours on a different aircraft type to better satisfy various travel needs.

Aircraft

There are 9 aircraft types from the NetJets fractional aircraft fleet which are available in the Marquis Jet Card program. Aircraft availability in the Marquis Jet Card program is guaranteed with at least 10 hours advance notice.
Light Cabin

• Hawker 400XP
• Cessna Citation Encore+/Encore
• Cessna Citation XLS/Excel
  Cessna Citation Excel
  |-Operators:The aircraft is operated by private individuals, companies, fractionals, charter operators and aircraft management companies.*******-See also:-External links:* * *...
  
  

Midsized Cabin

• Hawker 800XP
• Cessna Citation Sovereign
• Cessna Citation X

Large Cabin

• Gulfstream G200
  Gulfstream G200
  |-G280:-See also:-External links:* * * * * ****...
  
  
• Dassault Falcon 2000EX/2000
  Dassault Falcon 2000
  |-See also:...
  
  
• Gulfstream G450/G400 (GIV-SP)

External links

• Marquis Jet website
• Robb Report, Best of the Best 2009