JetClub has entered into a memorandum of understanding with global FBO operator Jetex to explore serving the Middle East as its next market, the companies announced this week. JetClub is the European sister brand launched earlier this year to North Carolina-based Jet It, a fractional provider that exclusively flies Honda Aircraft HA-420 HondaJets.
“After successfully starting operations in Europe, we are exploring the Middle East market as our next strategic opportunity,” said JetClub Group founder and CEO Vishal Hiremath. “Our agreement with Jetex allows us to explore the market, gain feedback from clients, and expand our service offering, ensuring our clients have the best possible experience around the world. Our goal is to allow our clients in the United States, Europe, or Asia to be able to have access to a worldwide fleet.”
JetClub and Jet It currently operate a fleet of 14 HondaJets. Under the Jet It and JetClub model, members purchase a share of a HondaJet in exchange for using the aircraft for a certain number of days, not hours.
“Both JetClub and Jetex are leaders in innovation as they offer a new way for more consumers to access private aviation and enjoy its benefits,” said Jetex founder and CEO Adel Mardini. “We are confident of the value Jetex can add to JetClub’s discerning fractional aircraft owners and passengers.”