Las Vegas-headquartered private jet operator Thrive Aviation has added the Praetor 500 to its managed charter fleet under a second management partnership with aircraft owner Munday Aviation, a move it says highlights its expanding managed aircraft business model. This is the second factory-delivered aircraft through Munday within a little over six months.

Munday owner Christopher B Munday says: “Thrive Aviation has been an incredible partner and has done everything, and more, that it promised us. Entrusting it with a second aircraft, our new Praetor 500, was an easy decision.”

Thrive COO Rickey Oswald adds: “Working with Mr Munday on his first aircraft acquisition was exciting for Thrive as it spearheaded the managed fleet business model for us. The fact that he is adding additional aircraft speaks volumes to the relationship we’ve built and the product offering we have as an aircraft management company. The Praetor 500 is an incredible airplane and fits extremely well within our fleet. We are excited about the opportunities it presents and look forward to continuing to deliver on enhanced flying experiences for our passengers.”