Jessica Reed is a writer and editor with AIN. She joined the team in the fall of 2023 after two years covering the aviation industry at Avionics International. She earned her bachelor&#039;s degree in English (Writing &amp; Rhetoric) from Pepperdine University. Her hometown is St. Louis, Missouri, and she since has resided in Santa Barbara, California, and Brooklyn, New York, among others. She is currently based in Philadelphia.

Writer & Editor

Jessica Reed

Thrive Aviation is moving into fractional ownership through a strategic partnership with, and minority investment from, Arulean Air, a Honda Aircraft subsidiary, the operator announced today. Under the arrangement, Arulean Air will purchase aircraft for the program while Las Vegas-headquartered Thrive handles operations and management, spanning flight operations through client relationships.
Two jet types will be included in the fleet at launch: the HondaJet HA-420 and Bombardier Challenger 3500. The former is intended for regional flying, while the super-midsize jet will cover longer trips carrying more passengers, with owners assigned to whichever aircraft suits the mission. The first two aircraft have been delivered, with annual additions projected at four to six HondaJets and two to four Challengers as the owner base and fleet expand.&nbsp;
The program can also draw on the 30-plus aircraft Thrive already operates, giving owners access to other airframes as requirements shift.
“Adding fractional ownership opportunities enables Thrive Aviation to serve a broad spectrum of clients throughout their entire private aviation journey—from charter to fractional ownership to full ownership,” said co-founder and CEO Curtis Edenfield. He described the agreement with the Honda Aircraft subsidiary as a “long-term, first-of-its-kind partnership” providing the basis to build the program at scale. Full program details will be released next month at NBAA-BACE 2026 in Las Vegas.

News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.

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