Jet card seller Jets.com is offering customers a new membership to hedge against price increases
New York-based jet card provider Jets.com is offering customers a way to lock in rates for extended periods via its All Access Jet Card.
The move comes as jet card rates are rising. Jet card rates are up 5.6% since September to $9,760 per hour, and rates have been up 9.5% since December 2019, according to an analysis by Private Jet Card Comparisons.
Some jet card providers have increased rates three times since June. All Access requires a minimum deposit of $300,000 and a maximum deposit of $1 million. However, your rates are locked until funds expire.
Flying terms are the same as other Jets.com jet cards, so 72 hours for non-peak reservations and 120 on peak days.
Deicing is included, and there are no blackout dates. The peak day surcharge is 10%. One-way rates are applicable to the Caribbean and Canada at a 25% premium.
Light jet hourly rate, including 7.5% Federal Excise Tax, is $6,423, while midsize jets are $7,577 per hour. Super midsize jets are priced at $8,923 per hour, and heavy jets are $11,308 per hour.
Last April, Jets.com bought Part 135 charter operator Pittsburgh Jet Center to secure lift for jet card members.