A new Censuswide study of over 2,000 top-level business executives and UHNWs (Ultra High Net Worth) showed that the time they spend navigating commercial airports costs their company $7,500 every flight.

The math was that flying commercially on average adds over six hours to the trip compared to using a private jet solution. Based on the median salary of FTSE 100 CEOs at $5 million, it means that if four highly paid executives are traveling together, commercial flying would add $30,000 to the price of a ticket.
For a flight from London to New York that might run $5,000 one-way in first or business class, it means the effective cost is $50,000, not that much different from flying on a private jet. Jet cards and prepaid private jet charter programs also enable companies to lock-in prices and can guarantee availability, meaning even when commercial flights are full or cancelled, executives can get where they need to be.

About the Author Doug Gollan

Media Executive focused on marketing and sales to Ultra High Net Worth (UHNW) consumers, luxury travel and private aviation, particularly jet cards