According to a press release, "Flexjet, the world's second largest fractional jet ownership services provider, reports new business growth of 83 percent when comparing Q1 2013 versus Q1 2012. During this period, sales of fractional shares grew 108 percent, while new jet card sales increased 48 percent.
"With the economy picking up speed, owners who have been tentative since the downturn have started to gain more confidence and are taking more and more trips," said Deanna White, President, Flexjet. "Having the Dow Jones Industrial Average reach a record-breaking 15,000 points is not only a significant financial milestone, but also very good for our industry. People are ready to get back to business, and Flexjet takes them there."
During the Easter travel weekend, Flexjet recorded flying hours at levels not seen since the height of the market in 2007. As a result, Flexjet is currently hiring pilots to satisfy the increasing demand.