Magellan Jets Unveils Fractional Ownership Program with Bombardier Challenger 850

Magellan Jets announced the launch of its new Fractional Ownership program, providing clients with the opportunity to own shares in an elite fleet of Bombardier Challenger 850 aircraft. The offering is made possible through a joint venture with Slate Aviation.

Fractional Ownership is the latest addition to Magellan Jets’ suite of services, which already includes Jet Cards, On-Demand Charter Flights and Aircraft Sales & Management. The program offers clients a private aviation solution that combines the benefits of jet ownership with customization and potential financial benefits.

It is designed to serve clients originating in the Northeast and Southeast United States, with routes spanning the U.S., Canada and the Caribbean. Fractional Owners receive credits and benefits, including guaranteed repurchase terms. Shares start at 60 hours annually for a three-year term length, with supplemental lift advantages and roll-over flexibility in the event of under-flown and over-flown hours.

The Challenger 850 is distinguished by its large cabin space, seating for up to 19 passengers, a fully equipped galley and generous luggage capacity. With special touches by Slate Aviation, every flight in the Magellan Jets Fractional Ownership program is elevated with amenities, including service from flight attendants, gourmet dining options, refreshments and high-speed Wi-Fi.

"Our team is dedicated to delivering seamless, personalized solutions that meet the unique needs of every Client," said Anthony Tivnan, founder and president of Magellan Jets, "The launch of our Fractional Ownership program is an exciting milestone, offering Clients even greater flexibility and peace of mind, all under the trusted Magellan Jets umbrella."

The collaboration with Slate Aviation demonstrates Magellan Jets’ asset-light approach, leveraging its network of operators and partners in the Magellan Jets Preferred Network.

“Our joint venture with Magellan Jets perfectly aligns with Slate Aviation’s vision of redefining private travel through innovation, luxury, and unwavering safety standards,” said Heather Maguire, co-CEO of Slate Aviation.

Maguire added, “By combining Magellan Jets' commitment to tailored Client experiences with Slate Aviation’s operational capabilities, we are proud to deliver an unparalleled level of service to Fractional Owners.”