Jet streams are narrow, high speed air currents that are found at high-altitudes of our atmosphere. These winds generally flow in a westerly direction and are found in both the Northern and Southern Hemispheres.
Like Fractional Ownership, Joint Ownership allows unrelated parties to purchase a portion of an aircraft. The main motivation of joint ownership is the capacity to share the costs of the aircraft which no one party needs full-time use of. However, due to the fact that these owners generally pay a fixed monthly maintenance fee as well as an hourly fee, this results in it being more expensive than having LunaJets organize individual on-demand flights.
LunaJets is a flight broker and as such arranges carriage by air on behalf of its customers by chartering aircraft from third-party aircraft operators as agent of its customers. LunaJets only acts as an intermediary, does not itself operate aircraft and is not a contracting or an indirect carrier.