Shared Jet Sales Soar as Wealthy Fliers Avoid Airline Hassles

Bloomberg Businessweek reports:

Fractional ownership of private jets and use of jet cards is on the rise as commercial travel frustrates fliers, despite the high cost, according to interviews with executives at the three largest North American private aviation companies -- NetJets Inc., Flight Options LLC and Flexjet. Shared jets were originally used by smaller and mid-sized corporations, and have expanded to individual travelers as well.