The joint venture provides Private Clients with guaranteed jet access, predictable pricing, and unmatched flexibility
QUINCY, Mass. and WEST PALM BEACH, Fla. (June 30, 2025) – Magellan Jets, a leader in private aviation solutions, today announced the launch of its new Fractional Ownership program, providing Clients with the opportunity to own shares in an elite fleet of Bombardier Challenger 850 aircraft. The offering is made possible through a joint venture with Slate Aviation, one of the nation’s leading operators of Challenger 850.
Fractional Ownership is the latest addition to Magellan Jets’ extensive suite of services, which already includes Jet Cards, On-Demand Charter Flights, and Aircraft Sales and Management. The program offers Clients a private aviation solution that combines the benefits of jet ownership with enhanced customization and potential financial benefits. It is designed to serve Clients originating in the Northeast and Southeast United States, with routes spanning the U.S., Canada, and the Caribbean. Fractional Owners receive significant credits and benefits, including guaranteed repurchase terms. Shares start at 60 hours annually for a 3-year term length, with supplemental lift advantages and roll-over flexibility in the event of under-flown and over-flown hours.
The Challenger 850, renowned as one of the largest and most luxurious heavy jets, is distinguished by its expansive cabin space, seating for up to 19 passengers, a fully equipped galley, and generous luggage capacity. Featuring brand new interiors, the aircraft provides an ideal environment for business travelers seeking productivity, families prioritizing privacy and comfort, and musicians, golfers and athletes that require extra luggage storage. With special touches by Slate Aviation, every flight in the Magellan Jets Fractional Ownership program is elevated with premium amenities, including attentive service from world-class flight attendants, gourmet dining options, top-shelf refreshments, and high-speed Wi-Fi.
“Our team is dedicated to delivering seamless, personalized solutions that meet the unique needs of every Client,” said Anthony Tivnan, Founder and President of Magellan Jets. “The launch of our Fractional Ownership program is an exciting milestone, offering Clients even greater flexibility and peace of mind — all under the trusted Magellan Jets umbrella.”
The collaboration with Slate Aviation demonstrates Magellan Jets’ asset-light approach, leveraging its highly vetted network of top-tier operators and partners in the Magellan Jets Preferred Network.
“Our joint venture with Magellan Jets perfectly aligns with Slate Aviation’s vision of redefining private travel through innovation, luxury, and unwavering safety standards,” said Heather Maguire, co-CEO of Slate Aviation. “By combining Magellan Jets’ commitment to tailored Client experiences with Slate Aviation’s operational capabilities, we are proud to deliver an unparalleled level of service to Fractional Owners.”
Magellan Jets is actively selling shares and has seen unprecedented demand. Plane deliveries begin this month, ensuring that early buyers will be the first to experience the program’s benefits. Learn more about Fractional Ownership at www.magellanjets.com/fractional-ownership.
About Magellan Jets
Magellan Jets is a world-class private aviation solutions provider offering Jet Cards, On-Demand Charter Flights, Fractional Ownership, and Aircraft Sales and Management Services. With a focus on safety, hospitality, and Client care, the company is setting a new standard in private jet travel. Magellan Jets has flown Private Clients to over 100 countries and consistently delivers exceptional service, maintaining a 4.9-out-of-5-star rating. The company has been featured on the Inc. 5000 list of “Fastest Growing Companies in America,” awarded Robb Report’s “Best of the Best,” and named Modern Luxury’s “Best Private Charter.”
Founded in Boston in 2008, Magellan Jets is headquartered in Quincy, Massachusetts with a private terminal in Bedford, Massachusetts. To learn more, visit www.magellanjets.com and follow the company on LinkedIn, Instagram, YouTube, and Facebook.
Magellan Jets coordinates travel on behalf of our clients using approved FAA 14 CFR Part 135 vendors for our charter and Jet Card programs and approved FAA 14 CFR Part 91K vendors for our Fractional program. Magellan Jets does not own or operate aircraft.
About Tri State Charter and Slate Aviation®
Slate Aviation is the new marketing name of Tri State Charter. Operating over 3,500 flights annually and with over 100 employees nationwide, Tri State is the chosen large cabin operator for discerning clients throughout the United States, including government officials, former heads of state, award-winning artists, and private principals and their families. The Company and its affiliates own and/or operate nearly 30 Bombardier aircraft, with a uniform fleet type that supports in-house, vertically integrated pilot training and maintenance operations. Slate is an ARGUS Platinum Safety-rated carrier.
For more information, visit flyslate.com.
