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Thrive Aviation has launched a fractional ownership programme backed by Arulean Air, a subsidiary of Honda Aircraft Company. The Las Vegas-based operator, founded in 2018, operates over 30 aircraft and ranks among the world's ten largest private jet operators. Under the arrangement, Arulean Air will acquire aircraft whilst Thrive manages operations and client relationships. The programme launches with two aircraft types: the HondaJet HA-420 and Bombardier Challenger 3500. Thrive has received its first two aircraft and expects to add four to six HondaJets and two to four Challenger 3500s annually. The programme complements Thrive's existing charter, management, jet card and maintenance services. Full programme details will be unveiled at NBAA-BACE 2026 in Las Vegas from 20 to 22 October.

Thrive Aviation to launch fractional program with its new investor, Honda Aircraft subsidiary arleen Air. By Jessica Fisher Editor Thrive's forthcoming fractional ownership program will initially operate two aircraft types: HondaJet HA-420 light jets and Bombardier Challenger 3500 super-mids. (Las Vegas, Nevada) Las Veags-based private aviation provider Thrive Aviation announced today (Sept. 2) a strategic partnership and minority investment by Arulean Air, a Honda Aircraft Company subsidiary; the investment establishes the foundation for a new fractional ownership platform. Image of Thrive Aviation CEO Curtis Edenfield COO Rickey Oswald take delivery of the first airplane in their new fractional program, a Bombardier Challenger 3500, courtesy of Thrive Aviation. Per today's press release from Thrive, Thrive will operate and manage the fractional program while Arulean Air will acquire aircraft for the program. The fractional program will initially operate two aircraft types: the HondaJet HA-420 in the light jet category and Bombardier Challenger 3500 super-midsize jets. Owners will be matched to the right aircraft for each mission, according to Thrive's press release. As of the present time, Thrive has received the program's first two aircraft and anticipates adding approximately four to six HondaJet HA-420s and two to four Challenger 3500s annually as the fractional owner base and fleet continue to grow. The new fractional program is designed to draw on Thrive's existing operating platform and fleet of more than 30 aircraft, providing additional flexibility as owners' travel needs evolve, according to Thrive.

Thrive Aviation to launch fractional ownership program in collaboration with Arulean Air, a Honda Aircraft Company subsidiary. Sep 02, 2026, 08:02 ET Fractional Program to initially operate two aircraft types: the HondaJet HA-420 in the light jet category and the Bombardier Challenger 3500 in the super-midsize category. The program is designed to draw on Thrive's existing operating platform and fleet of more than 30 aircraft, providing additional flexibility as owners' travel needs evolve. Arulean Air is a subsidiary of Honda Aircraft Company, the manufacturer of HondaJet aircraft. LAS VEGAS, Sept. 2, 2026 /PRNewswire/ - Thrive Aviation today announced a strategic partnership and minority investment by Arulean Air, a Honda Aircraft Company subsidiary. This investment in Thrive Aviation establishes the foundation for a new fractional ownership platform designed to scale significantly over the coming decade, expanding private aviation options for passengers. Thrive Aviation will bring its exceptional operational safety standards, unwavering sophistication and industry-leading, client-focused approach to this new fractional program. Thrive will operate and manage the program, from client relationship management to flight operations. Arulean Air will acquire aircraft for the fractional program, providing a foundation for the program to scale as the fractional owner base grows. The program will initially operate two aircraft types: the HondaJet HA-420 in the light jet category and the Bombardier Challenger 3500 in the super-midsize category. The HA-420 brings efficiency, technology and performance to regional missions, while the Challenger 3500 provides the cabin and range required for longer trips with more people aboard. Owners are matched to the right aircraft for each mission. The program is also designed to draw on Thrive's existing operating platform and fleet of more than 30 aircraft, providing additional flexibility as owners' travel needs evolve. Thrive intends to expand the fractional fleet as the program grows. For Thrive, the decision to enter fractional ownership was a deliberate extension of the private aviation platform the company has spent the past eight years building. "Adding fractional ownership opportunities enables Thrive Aviation to serve a broad spectrum of clients throughout their entire private aviation journey - from private charters to fractional ownership to full ownership" said Curtis Edenfield, Co-Founder and Chief Executive Officer of Thrive Aviation. "We're building another major piece of the Thrive platform and something we expect to scale for a long time. The goal is simple: as our clients' aviation needs evolve, we want to evolve with them." Building for Long-Term Growth Thrive has received the first two aircraft and anticipates adding approximately four to six HondaJet HA-420s and two to four Challenger 3500s annually as the fractional owner base and fleet continue to grow. That growth rests on the foundation announced today: a long-term strategic partnership with, and minority investment by, Arulean Air, a subsidiary of Honda Aircraft Company. Arulean Air's acquisition of aircraft for the program, combined with Thrive's existing operating platform and fleet of more than 30 aircraft, is designed to support the program as it scales. "This long-term, first-of-its-kind partnership with Arulean Air gives Thrive Aviation the foundation to build this program at scale," Edenfield said. "We're building for the long term, and having a partner like Arulean Air with a shared vision gives us the ability to grow the program for years to come." The introduction of fractional ownership expands Thrive Aviation's existing suite of private aviation services, which includes on-demand charter, aircraft management, jet card memberships and aircraft maintenance. With fractional ownership added to the platform, Thrive will be positioned to serve clients across virtually every stage of private aircraft utilization and ownership. Full program details will be introduced at NBAA-BACE 2026, October 20-22, in Las Vegas. Prospective owners can register for an advance preview at www.fractional.flythrive.com. Registration is for informational preview purposes only and does not constitute an offer to sell, or a solicitation of an offer to buy, any ownership interest. About Thrive Aviation Thrive Aviation is a premier private aviation company headquartered in Las Vegas, Nevada, providing on-demand charter, aircraft management, jet card memberships, aircraft maintenance and personalized aviation solutions. Founded in 2018, Thrive operates a growing fleet of more than 30 aircraft and has become one of the world's top 10 largest private jet operators. Thrive is known for its commitment to safety, exceptional service and delivering elevated private aviation experiences to clients across the United States and internationally. About Arulean Air Arulean Air is a subsidiary of Honda Aircraft Company established to partner with Thrive Aviation to assist in the creation, implementation, and successful launch of a fractional ownership program. SOURCE Thrive Aviation