{:en} In the fourth quarter of last year, the company received six new aircraft
US business operator Jet It, founded by industry veterans Glenn Gonzalez and Vishal Hiremat in 2018, has continued its explosive growth with the launch of six new HondaJet Elite business jets in the last quarter of 2020. Investments are estimated at more than $ 36 million, and with the arrival of new aircraft, the company's fleet has doubled.
In response to market demand, Jet It expanded its sales and services to the US West Coast. The company also launched the sales and operations of its innovative business model in Canada. According to Jet It CEO Glenn Gonzalez, the Canadian market has shown a high level of demand for the company's services. The need for autonomous, efficient regional travel in Canada is great, as is the case in the US or in Europe, where the company operates through its subsidiary JetClub. “Our growth in the States has generated awareness in Canada for so many of those interested in Jet It providing cost-effective private travel.”
Unlike most equity operators, Jet It uses days rather than hours in its accounting, with half the share equating to 130 days of aircraft use and decreasing based on the size of the share.
The Jet It fleet currently consists of 10 HondaJet Elites, most of which are co-owned and a few are leased. The annual flight time is approximately 800 flight hours per aircraft. According to the company, by mid-June, traffic was already 70% of the pre-crisis indicators. The company is headquartered in Greensboro, North Carolina, adjacent to the HondaJet plant.
