Ascension Air Launches Eclipse 550
Personally Flown Timeshare Program
Atlanta, November 16, 2015 – Ascension Air has successfully launched Contrails, a new personally-flown jet timeshare program featuring the new six-passenger Eclipse 550 twin-engine jet from ONE Aviation Corp. Contrails will be the first personally flown turbine timeshare program in the United States.
The Eclipse 550 personal jet features best in class performance, economics, and safety. With the ability to fly at altitudes up to 41,000 feet at a max cruise of 430 mph, while only consuming 59 gallons of fuel per hour, the Eclipse 550 is an efficient twin-engine jet, with a maximum range of 1,125 miles. Ascension Air will offer the Eclipse 550 through Timeshare, Lease, and JetCard programs.
"Building on the great success of our Cirrus timeshare programs based in Atlanta and Ft. Lauderdale, our new Eclipse 550 Contrails program will bring personal jet transportation to a growing segment of aviators who want the flexibility and benefits of flying their own jet, without the worries and expense of full jet ownership," said Ascension Air President and CEO Jamail Larkins. "Our professional owner services team offers easy fleet access, on-site concierge services, professional aircraft management, a dedicated safety pilot, and streamlined scheduling."
"We are excited to be working with Jamail to provide Ascension Air with the very best personal jet available," said Alan Klapmeier, CEO of ONE Aviation. "The Ascension Air Contrails program provides an excellent opportunity for many more pilots to experience the Eclipse 550's efficiency, speed and to learn just how seamless it is to step up to jet from a piston or turboprop aircraft."
Ascension's new Contrails program may include type rating training in a flight simulator at SIMCOM in Orlando, Fla., or it can also be accomplished in the airplane and may double as Multi-Engine Rating training.
Program pricing includes timeshare, lease and jetcard possibilities. A 1/6 timeshare is $527,833, $2,995/mo. management fee, and $620/hour direct operating cost for 50 days per year. A 50-day per year lease costs $7,745/mo., with $104,000 down and $620/hour. The Contrails JetCard is $40,000 for 25 hours.
About ONE Aviation
ONE Aviation is a global manufacturing corporation that markets, produces, and delivers the Eclipse 550 twin-engine jet, as it develops the Kestrel K350 singleengine turboprop. In addition, ONE Aviation will design, acquire, and build additional aircraft complementary to its two core products. ONE Aviation also provides engineering, maintenance, service, and support for the Eclipse 500 and Eclipse 550 fleet. For more information, please visit www.ONEaviation.aero.
About Ascension Air
Ascension Air is one of the fastest growing personally-flown fractional providers in the United States. Ascension currently manages the largest fleet of new Cirrus SR22Ts in the Southeast. The company has fractional hubs based in Atlanta and Fort Lauderdale. Ascension Air also leases, sells, and charters business aircraft. For more on Ascension Air, go to www.ascensionair.net.