• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
General Aviation NewsGeneral Aviation News

General Aviation News

Because flying is cool

  • Pictures of the Day
    • Submit Picture of the Day
  • Stories
    • News
    • Features
    • Opinion
    • Products
    • NTSB Accidents
    • ASRS Reports
  • Comments
  • Classifieds
    • Place Classified Ad
  • Events
  • Print Archives
  • Subscribe
  • Show Search
Hide Search

Ascension Air launches Eclipse 550 timeshare program

By General Aviation News Staff · November 20, 2015 ·

Ascension Air has launched Contrails, a personally-flown jet timeshare program featuring the six-passenger Eclipse 550 twin-engine jet from ONE Aviation Corp.

With the ability to fly at altitudes up to 41,000 feet at a max cruise of 430 mph, while only consuming 59 gallons of fuel per hour, the Eclipse 550 is an efficient twin-engine jet, with a maximum range of 1,125 miles, according to officials with Ascension Air.

The Eclipse 550
The Eclipse 550

The company will offer the Eclipse 550 through timeshare, lease, and jetcard programs.

“Building on the great success of our Cirrus timeshare programs based in Atlanta and Ft. Lauderdale, our new Eclipse 550 Contrails program will bring personal jet transportation to a growing segment of aviators who want the flexibility and benefits of flying their own jet, without the worries of full jet ownership,” said Ascension Air President and CEO Jamail Larkins. “Our professional owner services team offers easy fleet access, on-site concierge services, professional aircraft management, a safety pilot, and streamlined scheduling.”

Ascension’s new Contrails program may include type rating training in a flight simulator at SIMCOM in Orlando, Fla., or it can also be accomplished in the airplane and may double as Multi-Engine Rating training.

Program pricing includes timeshare, lease and jetcard possibilities. A 1/6 timeshare is $525,467, with a $2,995 a month management fee, and $620 an hour direct operating cost for 50 days per year. A 50-day per year lease costs $7,745 a month, with $104,000 down and $620 an hour. The Contrails JetCard is $40,000 for 25 hours.

Share this story

  • Share on Twitter Share on Twitter
  • Share on Facebook Share on Facebook
  • Share on LinkedIn Share on LinkedIn
  • Share on Reddit Share on Reddit
  • Share via Email Share via Email

Become a better informed pilot.

Join 110,000 readers each month and get the latest news and entertainment from the world of general aviation direct to your inbox, daily.

This field is for validation purposes and should be left unchanged.

Curious to know what fellow pilots think on random stories on the General Aviation News website? Click on our Recent Comments page to find out. Read our Comment Policy here.

Primary Sidebar

Read the Latest Issue

Cover of the September 17, 2026 edition of General Aviation News
September 17, 2026

Featured Video

https://youtu.be/_5GlVdS1gpo?si=PEX8RGgp1XCz3-uM

Become A Better Informed Pilot.

Join 110,000 readers each month and get the latest news and entertainment from the world of general aviation direct to your inbox, daily.

This field is for validation purposes and should be left unchanged.

Recent Comments

  • Art Friedman on Five Things Your GA Airport Manager Wishes You Knew
  • Are Cee on In-Flight Weather Radar Is Failing General Aviation
  • Javier Lifa on In-Flight Weather Radar Is Failing General Aviation
  • Thomas J Young on Fuel-Oil Contamination Leads to Cessna 172 Engine Power Loss
  • Mark Gibson on Picture of the Day: Cycling Past College Park Airport
  • Andrew J Venuto on Fuel-Oil Contamination Leads to Cessna 172 Engine Power Loss
  • ERIC TAYLOR on What I Learned Towing Banners
  • jimh in ca on Fuel-Oil Contamination Leads to Cessna 172 Engine Power Loss
  • Jamie Beckett on Five Things Your GA Airport Manager Wishes You Knew
  • Robert B on Five Things Your GA Airport Manager Wishes You Knew

© 2026 Flyer Media, Inc. All rights reserved. Privacy Policy.

  • About
  • Advertise
  • Comment Policy
  • Submit Press Release
  • Contact Us
  • Privacy Policy
  • Writer’s Guidelines
  • Photographer’s Guidelines