Some subscribers tell me they don’t want to pay membership fees. Here’s why they could be missing out.
The idea of paying membership fees to join a jet card or private jet membership program is a non-starter for some flyers. It’s easy to understand folks would feel that way!
Flying privately is already expensive.
You are likely spending tens of thousands of dollars in the coming months or years.
Why should you pay a membership fee to pay a provider even more money?
Some providers compare it to the country club model.
Membership fees, I believe, are a cost that needs to be factored into your calculus as you decide which program best fits your needs.
Assuming a program with a membership fee does fit your needs, it’s simple math.
Divide the non-flying membership and joining costs by the number of hours you expect to fly during the membership period, typically 12 months.
A $10,000 fee divided by 12 is $833.
Add $833 to the hourly rate, and you can now decide if it makes sense to join the program from a flight cost perspective.
Even easier, as a paid subscriber, use the QUICK COMPARE FLIGHT PRICING in the Excel-based Jet Card Comparisons spreadsheet (It’s best used on a laptop or desktop).
In Cell AE 1, enter the number of hours you expect to fly in the next 12 months.
In Cell AF 1, enter the flight minutes for your domestic one-way flight.
Scanning down Column AF will estimate flight costs, including taxi time, fuel surcharges, FET (as applicable), and amortized membership costs.
Column AH performs the same function, taking into account Peak Day Surcharges.
If you see #VALUE!, the program only offers dynamic pricing.
Remember, by using the filters in Row 3, you can also filter by:
Regarding the membership fees, we calculate the average of any applicable joining and membership fees in Year 1 and renewal fees in Year 2, and then divide by two, so the number applied is an average of the program duration for the first two years.
Some programs, like Wheels Up, offer a lower joining fee if you make a deposit, which is also factored into the cost.
Columns BG and BH include the membership and renewal fees.
If you can negotiate lower fees, put that number into the applicable Cell, and the formulas will recalculate.
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