Flexjet moves to FET exempt jet cards

The fractional share operator is the latest jet card seller to offer an extended tax holiday if you purchase before the CARES Act expires at the end of 2020

Another day, another private aviation provider that is now saying if you buy one of its jet cards before the end of the year, your flights in 2021 and beyond will be free of the 7.5% Federal Excise Tax.

Flexjet sells jet cards in increments of 25 or 50 hours on its Phenom 300 and Challenger 300 fleet. Cards are valid for 24 months or until funds expire.

“We have found that not only is it helpful for our existing owners who are adding on hours through jet cards, but it’s a nice incentive for new clients, who often transition from a jet card product to a lease or fractional share,” a Flexjet spokesperson tells Private Jet Card Comparisons.