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Private jet start-ups trending? PrivateFly raises £2 million (techcrunch.com)
1 point by maxbrown on Sept 28, 2011 | hide | past | favorite | 1 comment


This may be in part due to the prices of private jets going through the floor and owners are unable to continue trading up or selling them. I know someone with a Citation II that went from 3 million to less than 1 million in just two years. Jets don't typically drop that much that quickly. I imagine that the owners may want to begin chartering them to help pay for the dead weight?




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