We spoke with the team at CitationShares today about their new Jet program, Citelines. Citelines is a fractional ownership option based on simplified pricing and non-peak flight savings. Basically, you pay less by opting not to fly on peak days of the year such as the days before and after holidays. Customers can still fly on these days if needed, but at a higher cost. The second feature of the program is a predictable pricing model – all charges, fees, fuel costs are combined into one annual payment. You can pay this set amount annually or monthly. Citelines tries to avoid fuel surcharges by quoting current fuel costs in their contracts.

In earlier articles on Nov. 7th and Sept. 28th, we have cautioned readers to look out for fuel surcharges. Other private jet companies might quote you a low “artificial fuel rate” on your contract, then bill you for the high actual cost. We are glad to see an attempt by CitationShares to simplify the confusing billing process that often frustrates customers. Details about Citelines Program:

• Choose from 3 planes: (light) Citation CJ3, (mid) Citation XLS, (heavy)Citation Sovereign
• Smallest share available: 1/16th share, approximately 50 annual occupied flight hours
• Programs available: 365 days, 350 days, 335 days or 320 days per year (eliminating peak days)
• Calendar of peak days is published at the start of each year
• Availability of the plane is guaranteed with at least eights hours notice
• Contract Length: 5 years

Citelines Pricing examples: 1/16th share, Light Citation CJ3, 335 days: $430,000 purchase price, plus $195,940 annual operations fees

1/16th share, Mid-sized Citation XLS, 335 days: $713,700 purchase price, plus $238,245 annual operations fees

1/16th share, Heavy Citation Sovereign, 335 days: $975,000 purchase price, plus $260,120 annual operations fees

Our Decision Guide includes a list of due diligence questions that you should ask before purchasing a jet share or card. It’s available free here. For more information about Citelines go to Citationshares’s website.

Citation CJ3 Jet