Core Insights - Falcon Luxe, a division of Alex Group Investment, has launched a time-based private jet charter service that allows clients to purchase a set number of flight hours in advance, providing priority access to the Falcon fleet [2] - This service is designed to simplify the booking process for clients, eliminating the need for repeated inquiries about availability and pricing for each flight [2] - The time-based charter model is increasingly popular among individuals and organizations seeking practical and reliable flying options, particularly for businesses that require frequent travel [2] Company Overview - Falcon Luxe aims to adapt its services to meet the evolving expectations of travelers, offering flexible private jet travel solutions that streamline the flying experience [2] - Sultan Rashit Abdulla Rashit Al Shene, the founder and chairman of Alex Group Investment, emphasizes the demand for a simplified flying experience, highlighting the benefits of the time-based charter service [2] Industry Context - The introduction of time-based private jet charters reflects a growing trend in the aviation industry towards more transparent cost structures and guaranteed aircraft availability for frequent travelers [2]