On February 12, 2025, Gulfstream Aerospace celebrated the end of an era in private jet history as the final G650 ultra-long-range jet rolled off the production line in Savannah. After achieving an impressive milestone of one million flight hours, Gulfstream has announced the retirement of one of its most iconic aircraft.
However, a new luxury jet, G800 is set to replace it, with Gulfstream planning its launch later in 2025.
The G650 distinguished itself not only through its impressive range and speed but also with its cutting-edge engineering and luxurious design.
This made it the model of choice for business travelers, but also by government and corporate entities that depend on premium air mobility solutions. It set new benchmarks for comfort, efficiency, and technological advancement, standards that have been upheld and enhanced in subsequent Gulfstream models.
“Since their inception, the G650 and G650ER have become the industry standard that all others have followed, recently surpassing a staggering 1 million flight hours,” said Mark Burns, President of Gulfstream. “Beyond the program’s innumerable accolades and 125+ world speed records, innovations introduced with the form, fit and precision manufacturing process of the G650 laid the groundwork for today’s next-generation Gulfstream fleet.”
The first G650 was delivered to its launch customer in 2012 and two years later, in 2014, the G650ER, an extended range version of the original, was certified.
The farewell to the Gulfstream G650 marks the end of an iconic era in aviation. Known for its exceptional range, speed, innovative engineering, and luxurious design, the G650 was a favorite among business travelers and companies worldwide. This aircraft set the standard for comfort, efficiency, and technological advancements, leaving a lasting legacy.
Farewell, Gulfstream G650, and thank you for setting the gold standard in private aviation. ✈️✨
Welcome to Rhapsody Magazine‘s exclusive interview series, where we bring you insights from industry leaders and innovators. Today, we have the pleasure of speaking with Cristian – Octavian Frăsin, the owner of Private Jets Europe.
Founded in 2008, Private Jets Europe has established itself as a premier provider of luxury private jet and air ambulance charter services. Known for their exceptional service, safety standards, and diverse fleet choices, the company caters to a wide range of clients, including business executives, sports teams, and families.
Join us as we delve into the world of private aviation and explore the future of Private Jets Europe and the private jet industry with Cristian Frăsin.
Rhapsody Magazine: Hello Cristian, thank you for joining us today. Could you tell us a bit about your journey and what inspired you to start Private Jets Europe?
Cristian Frăsin: Thank you for having me. I started Private Jets Europe in 2008 after noticing a significant gap in the market for luxury private jet charter services. We wanted to set new standards and provide exceptional service to our clients, focusing on health, safety, and comfort.
R.M.: That’s impressive. How has the company evolved since its inception?
C.F.: Over the years, we’ve expanded our fleet and services, catering to a diverse range of clients, from business executives to sports teams and families. We’ve also implemented strict health and safety guidelines, especially during and after the Covid period, to ensure the best travel experience for our clients.
R.M: Safety is indeed crucial. How do you ensure the safety and security of your clients?
C.F.: Safety is our number one priority. We work exclusively with accredited operators and ensure that all licensing and safety standards are met. Our pilots are highly experienced and well-trained, and we maintain strict health and safety guidelines to provide a secure travel experience.
R.M.: Can you tell us about the types of aircraft you offer and the criteria for selecting them?
C.F.: We offer a wide range of aircraft, including light jets (4-6 seats), midsize jets (7-9 seats), heavy jets, and VIP airliners. We carefully select our aircraft based on their features, modern technology, and onboard services. Our pilots are chosen for their extensive flight experience and expertise.
R.M.: How do you see the private jet industry evolving in the next few years, what trends and challenges do you foresee in the private jet industry?
C.F.: The private jet industry is expected to continue growing, driven by increasing demand for flexible and personalized travel options. However, challenges such as rising jet fuel prices, stricter CO2 emission regulations, and supply chain delays for parts may impact the market. Sustainability and green aviation initiatives will also be a major focus. The private jet industry will likely see significant advancements in technology, including more fuel-efficient engines and the development of electric and hybrid aircraft. Additionally, there will be a greater emphasis on sustainable practices and reducing the environmental impact of private aviation. The industry will continue to adapt to the needs and preferences of clients, offering more personalized and innovative services.
R.M.: What is the new customer profile, and what is he expecting from you?
C.F.: The new clients of private jets are a diverse and dynamic group, including young entrepreneurs, tech executives, celebrities, and high-net-worth individuals seeking personalized travel experiences. Their wishes are centered around flexibility, privacy, and luxury. They value the ability to travel on their own schedule, bypassing the constraints of commercial flights.
Additionally, they seek unparalleled comfort and amenities, from bespoke catering to state-of-the-art in-flight entertainment systems. Health and safety remain a top priority, with many clients requesting enhanced sanitization measures and private terminals to minimize contact. Sustainability is also becoming increasingly important, with clients expressing interest in eco-friendly flight options and carbon offset programs. Overall, these new clients expect a seamless, exclusive, and tailored travel experience that aligns with their lifestyle and values.
R.M.: And how does respond the private jet industry to their needs?
C.F.: The new means of transportation in private aviation are being built to cater to the evolving needs of clients by focusing on sustainability, technology, and personalized services. These advancements are designed to meet the demands of modern travelers who prioritize flexibility, privacy, luxury, and sustainability in their private aviation experiences. I will mention some:
1. To address environmental concerns, new aircraft are being designed to use SAF (Sustainable Aviation Fuels), which significantly reduces carbon emissions compared to traditional jet fuels. These fuels are made from renewable resources and can be blended with conventional jet fuel.
2. Innovations in electric and hybrid propulsion systems are paving the way for more eco-friendly aircraft. While still in the early stages, these technologies promise to reduce the environmental impact of private aviation.
3. Modern private jets are equipped with advanced onboard technology, including high-speed internet, on-demand entertainment, and real-time flight monitoring through mobile apps. This ensures a seamless and connected travel experience for passengers.
4. New business models like jet sharing and jet card memberships are making private aviation more accessible and cost-effective. These programs allow clients to enjoy the benefits of private travel without the need for full ownership.
5. There is a growing focus on passenger wellness, with private jets offering enhanced comfort, better air quality, and personalized services. This includes features like advanced air filtration systems and customized catering options.
6. To optimize efficiency and reduce costs, operators are utilizing empty leg flights, where jets are available for charter on return trips without passengers. This helps minimize empty travel and makes better use of resources.
R.M.: What are your plans for the future of Private Jets Europe?
C.F.: Our future plans include expanding our fleet with more eco-friendly aircraft, implementing a digital booking platform for a seamless customer experience, and continuing to uphold our high standards of safety and service. We’re also looking into partnerships with other luxury travel and lifestyle brands to offer our clients even more exclusive experiences.
R.M. Thank you Cristian for sharing your insights, it’s been a pleasure talking to you.
C.F.: Thank you for having me. It’s been great discussing the future of private aviation with you.
PJE
Time Efficiency: Skip the long lines and delays at commercial airports. With private aviation, you can arrive at your destination faster and on your schedule.
Privacy and Comfort: Enjoy the utmost privacy and comfort in a luxurious cabin designed to meet your specific needs.
Flexibility: Private jets provide the flexibility to fly to remote destinations and smaller airports that commercial airlines can’t reach.
Safety and Security: Experience enhanced safety and security measures, ensuring a worry-free journey from start to finish.
Renting a private jet is an excellent option for those who need occasional access to private aviation without the commitment of ownership. Here are some key benefits:
Cost-Effective: Pay only for the hours you fly, without the long-term financial commitment of owning a jet.
Variety of Aircraft: Choose from a wide range of aircraft to suit your travel needs, from light jets for short trips to heavy jets for long-haul flights.
On-Demand Availability: Access a private jet whenever you need it, with the flexibility to book flights on short notice.
For those who frequently travel and seek the ultimate in convenience and luxury, purchasing a private jet may be the ideal solution. Here are some advantages:
Full Control: Enjoy complete control over your travel schedule, aircraft customization, and in-flight services.
Long-Term Investment: Owning a private jet can be a valuable long-term investment, offering potential tax benefits and asset appreciation.
Brand Image: Enhance your personal or corporate brand image by owning a private jet, reflecting success and prestige.
At Private Jets Europe, we specialize in private jet sales and brokerage, offering a comprehensive range of services to meet your aviation needs. Our team of experts is dedicated to providing personalized assistance, ensuring a seamless and enjoyable experience.
Aircraft Selection: We help you choose the perfect aircraft based on your travel requirements and budget.
Financing and Insurance: Our team can assist with financing options and insurance coverage to protect your investment.
Maintenance and Management: We offer maintenance and management services to keep your aircraft in top condition and ready for your next journey.
Bombardier shipments continue to grow
Bombardier reported that revenues climbed by 16 percent year-over-year in 2023, topping $8 billion, as it scaled deliveries to 138 Challenger and Global business jets. The aircraft manufacturer expects deliveries to take another step up to between 150 and 155 in 2024, returning to levels not seen since 2016.
This year, most of that growth is expected to come from its super-midsize Challenger 3500s, with Global deliveries remaining stable.
Bombardier president and CEO Éric Martel:
“While we have everything in place to achieve our objective, I want to highlight that our delivery profile for the year is largely set by the pace at which we receive parts from our supplier. We are in an environment where we continue to play the cards we are dealt versus planning an ideal production schedule.”
Martel is optimistic about solid sales continuing this year, despite headwinds involving conflicts in the Middle East and Eastern Europe. “We do foresee quite a bit of activity right now on all of our platforms. Looking at our prospect list and people we’ve talked to, [activity] has remained strong.” Customers are not disappearing, he said, but added that they may be taking more time.
In 2023, deliveries were up by 15 units on the year, with Challenger shipments increasing by 13, to 63, and Globals by five, to 75. However, 2022 totals also included three shipments from the now-discontinued Learjet line. Bombardier handed over 32 Globals in the last quarter, compared with 29 a year earlier, and 24 Challengers, compared with 20 a year earlier.
The rise in Global deliveries in 2025 coincides with planned market entry to the Global 7500 and Global 8000. Martel said the development has remained on track for certification and initial deliveries next year. “We are flying the airplane a lot,” he said. While the aircraft has generated substantial interest from customers, Bombardier is offering a retrofit option for the 7500, which he said is keeping activity solid on that aircraft even as the new version is in the wings.
Meanwhile, thanks to the significant investments in the service center space, the company continued to expand its aftermarket revenues and market share. Aftermarket brought in $1.75 billion, up 16 percent from a year earlier and 75 percent since 2020. Bombardier anticipates this to continue to grow as it works toward its goal of $2 billion in aftermarket in 2025.
NetJets will be the launch fleet customer for the Bombardier Global 8000, and the company has placed an order for an additional four aircraft, bringing the total orders for the fractional ownership pioneer to 24 aircraft. Those 24 orders include eight Global 7500s that will be upgraded to the Global 8000 in addition to the 12 previously on order. The new aircraft is expected to enter service in early 2025, and has a list price of $78 million per aircraft. Bombardier has planned a Supplemental Type Certificate program to upgrade existing Global 7500 models to the Global 8000 specifications shortly after entry into service.
PJE
Quality and craftsmanship
From the moment you board the Gulfstream G550, the cabin enchants. Everywhere you look, everything you touch, you find craftsmanship and attention to detail. The gleam of the finishes on the ledges and tables. The sparkle of goblets and flatware. The high-definition quality of the video equipment. Each element of the Gulfstream interior is exquisitely designed for one purpose – to charm.
Long range jet travel should be comfortable and Gulfstream definitely knows how to achieve the ultimate level of comfort. That feeling begins with four living areas surrounded by the unique Gulfstream experience – a soothing, refreshing combination of 100 percent filtered fresh air, low cabin altitude, radiant light from the signature oval windows and a serenely quite cabin.
The aircraft can sleep up to eight passengers or, for the ultimate in personal comfort, design flexibility offers the choice of creating a private stateroom.
Raising productivity
Capable of changing hemispheres easily with its nonstop range, the G550 journeys in and out of remote destinations masterfully. Whenever, wherever opportunity calls, you’ll be there. And you can fly your team with you.
Moreover, the G550 is a fully connected corporate suite powered by the momentum of high Mach speed. Outfitted with the latest communications equipment, the G550 keeps you in control, even at 51,000 feet. You will never miss a call or a meeting.
Brilliant, swift and sure – a triple combination the G550 introduced to business aviation through state-of-the-art technology. The PlaneView flight deck streamlines and organizes data for pilots and presents it in crisp displays that reduce pilot workload and improve situational awareness.
The Enhanced Vision System and optional Synthetic Vision-Primary Flight Display further revolutionize flying by using infrared light and 3-D graphics of terrain to greatly define approach and landing areas.
Luxury meets Luxury – this was the essence of the party organized by Idea Events, Private Luxury Group’ events division, on the 12th of December. In the glamorous decor of the historical villa Oromolu – Qreator by IQOS, the guests were welcomed by renowned travel & lifestyle brands, such as Gulfstream, Tudor. Personal Tailor, Simona Semen of Private Luxury Travel and had the chance to spend a quality evening, sprinkled with Luc Belaire’s sparkling wine.
The event also marked the launch of the new edition of the travel & lifestyle magazine Rhapsody – The Luxury Standard. This number celebrates innovation in luxury and brings forward brands and destinations that put excellence in the core of their business.
Gulfstream, one of the main luxury aircraft producer in the world, is such an example, whose presence was enjoyed at the event. The model of the latest G650 aircraft and the exclusive images from the inside of the aircraft introduced the guests into the atmosphere of a luxury trip. The new aircraft sets a high standard in the business travel industry and achieves notable performance in terms of engineering, functionality, precision and comfort.
The picture of a perfect trip was completed by Private Luxury Travel, which offers concierge services, through its VIP Travel Club – Rhapsody. The cards grant access to VIP lounges in the airport and other exclusive venues in the world, facilitate flight and boarding procedures and provide a complete meet & assist package throughout a trip.
The guests were also delighted with two fashion presentations, first of them bearing the signature of the Romanian designer Simona Semen and the second one, signed by Tudor. Personal Tailor. In discreet shades of grey, peach or pale pink, Simona Semen’s creations have outlined a romantic image, through delicacy and femininity, simple lines and fluid materials. Tudor. Personal Tailor’ creations brought a touch of extra elegance and masculinity through British inspired costumes and the highest attention to details.
The event was organized with the support of our partners: Gulfstream, Private Luxury Travel, Private Jets Europe, Luc Belaire, Qreator by IQOS and Leonidas.
https://youtu.be/PUltR7pnNCw
Emirates has launched its own private jet service, and it is receiving rave reviews from travel experts.
The Dubai-based carrier’s private jet is being described as a “flying hotel.”
The company’s reconfigured Airbus A319 has impressive interior specifications, including private suites, a spa, and even branded luxury toiletries.
Passengers can also reconfigure the main salon according to their needs. It can be transformed into a business center geared for conference calls and presentations.
In addition to that, the jet also has 1,500 television channels, high-speed internet, as well as mobile connectivity.
Emirates’ created the new division in response to heightened private jet flight demands in the Middle East, China, Russia, and India.
Read more here.
