Q1 '25 Jet Card peak days drop to lowest level since 2020; rates up 0.9%

Lower daily minimums and fewer peak days are enhancing the usefulness of jet cards for less flexible and short leg flyers.

By Doug Gollan, 17 hours ago

Jet card peak days fell to their lowest level since 2020 while jet card average hourly rates increased, according to the latest quarterly analysis of key jet card and membership policies and pricing by Private Jet Card Comparisons. 

With peak-day booking deadlines ranging as far out as two weeks, rates not guaranteed in some cases, surcharges up to 100%, the ability to shift departures by as much as plus or minus four hours from the requested time, the reduction in peak days reflects that jet cards are becoming more competitive for flyers who need flexibility.

Q1 2025 Jet Card Pricing

According to our analysis of North American jet card programs with guaranteed availability and fixed or capped hourly rates, the average hourly rate at the end of Q1 2025 was $11,147.

That includes 7.5% Federal Excise Tax and current fuel surcharges as applicable.

Excluding turboprops, the average hourly rate was $11,519.

The average hourly rate by aircraft category was:

  • Turboprops at $6,588 per hour
  • Very Light Jets at $7,869 per hour
  • Light Jets at $8,305 per hour
  • Midsize Jets at $9,817 per hour
  • Super Midsize Jets at $12,510 per hour
  • Large Cabin Jets at $15,197 per hour
  • Ultra Long Haul Jets at $19,152 per hour

Hourly rates from Q4 2024 through Q1 2025 by aircraft category and overall are reflected in the table below.

Jet Card Hourly Rates (2019 to Q1 2025)

HOURLY RATES ($) 2019.Q4 2020.Q4 2021.Q4 2022.Q4 2023.Q4 2024.Q1 2024.Q2 2024.Q3 2024.Q4 2025.Q1
Turboprop 4,762 4,454 5,982 7,348 6,269 6,263 6,533 6,799 6,647 6,568
Very Light 5,653 5,102 6,724 8,379 7,298 7,454 7,496 7,742 7,742 7,689
Light 6,023 5,600 6,978 8,462 7,918 7,918 7,993 8,078 8,079 8,305
Midsize 7,531 6,961 7,985 9,806 9,168 9,169 9,482 9,534 9,526 9,817
Super Midsize 10,042 9,190 10,570 12,675 11,793 11,878 12,307 12,399 12,333 12,510
Large 13,033 12,109 13,229 16,108 15,339 15,250 15,252 15,278 15,209 15,197
Ultra-Long-Haul 16,834 15,316 17,339 20,646 18,753 18,815 18,895 19,104 18,951 19,152
Overall 8,860 8,405 9,706 11,748 10,754 10,862 10,954 11,102 11,052 11,147
Without Turboprops 9,193 8,631 9,850 11,955 11,030 11,143 11,230 11,393 11,377 11,519

Source: Private Jet Card Comparisons

Average hourly jet card rates were up 0.9% from Q4 of 2024.

Excluding turboprops, the average hourly rates increased by 1.2% sequentially.

Average hourly rates are 25.8% higher than December 2019, before Covid.

The U.S. Inflation Calculator says overall inflation was up 26.0% over the same period.

If it feels like jet card prices have increased more than that, your gut feeling is correct.

They are 32.6% higher than at the end of 2020 when the CARES Act waived the 7.5% Federal Excise Tax.

Jet Card Rate Change (2019 to Q1 2025)

HOURLY RATES Change from Q4 2024 Change from Q3 2024 Change from Q2 2024 Change from Q1 2024 Change from Q4 2023 Change from Q4 2022 Change from Q4 2021 Change from Q4 2020 Change from Q4 2019
Turboprop -1.2% -3.4% 0.5% 4.9% 4.8% -10.6% 9.8% 47.5% 37.9%
Very Light -0.7% -0.7% 2.6% 3.2% 5.4% -8.2% 14.4% 50.7% 36.0%
Light 2.8% 2.8% 3.9% 4.9% 4.9% -1.9% 19.0% 48.3% 37.9%
Midsize 3.1% 3.0% 3.5% 7.1% 7.1% 0.1% 22.9% 41.0% 30.4%
Super Midsize 1.4% 0.9% 1.7% 5.3% 6.1% -1.3% 18.4% 36.1% 24.6%
Large -0.1% -0.5% -0.4% -0.3% -0.9% -5.7% 14.9% 25.5% 16.6%
Ultra-Long-Haul 1.1% 0.3% 1.4% 1.8% 2.1% -7.2% 10.5% 25.0% 13.8%
Overall 0.9% 0.4% 1.8% 2.6% 3.7% -5.1% 14.8% 32.6% 25.8%
Without Turboprops 1.2% 1.1% 2.6% 3.4% 4.4% -3.6% 16.9% 33.5% 25.3%

Source: Private Jet Card Comparisons

For those who took advantage of FET-free offers, jet card inflation probably didn’t hit you until 2022 or even 2023.

In Q1 2025, Midsize Jets saw the most significant average increase, with hourly rates up 3.1%.

Light Jets were up 2.8% from the end of 2024.

Turboprops saw the most considerable decrease, down 1.2% in the first 90 days of 2025.

Compared to pre-Covid Q4 2019, Light Jet and Turboprop rates were up the most, by 37.9%

The smallest increases were in the Large Cabin and Ultra Long Haul Jet hourly rates, up 16.6% and 13.8%, respectively.

Daily Minimums

If average prices are a sore spot, daily minimums are a happy place.

Daily minimums—the minimum amount you are charged daily—have dipped to their lowest point since we started tracking them.

At just 80.8 minutes, they are now lower than Q4 of 2020 (table below).

Daily Minimums (2019 to Q1 2025)

DAILY MINIMUMS (minutes) 2019.Q4 2020.Q4 2021.Q4 2022.Q4 2023.Q4 2024.Q1 2024.Q2 2024.Q3 2024.Q4 2025.Q1
Light 78.1 79.5 87.9 75.8 71.9 72.9 66.7 68.4 68.7 67.7
Midsize 83.7 84.1 95.8 83.0 79.7 79.0 76.1 76.0 77.3 76.3
Super Midsize 95.7 95.3 111.5 94.1 96.5 95.1 91.9 91.6 92.9 84.4
Large 101.4 98.6 125.6 110.2 121.4 121.3 119.8 119.0 121.8 106.7
Overall 86.2 85.4 103.3 94.7 89.4 89.7 86.3 86.1 86.7 80.8

Source: Private Jet Card Comparisons

Light Jets (67.7 minutes) and Midsize Jets (76.3 minutes stayed essentially flat.

However, Super Midsize and Large Cabin flyers saw significant decreases.

Daily MInimums dropped 6.8% from Q4 2024.

Every category saw a drop:

  • Light Jet Daily Minimums dropped 1.5%
  • Midsize Jets Daily Minimums dropped 1.3%
  • Super Midsize Daily Minimums dropped 9.1%
  • Large Cabin (including Ultra Long Haul) Jet Daily Minimums dropped 12.4%

See the table below.

Daily Minimums (2019 to Q1 2025)

DAILY MINIMUMS (minutes) Change from Q4 2024 Change from Q3 2024 Change from Q2 2024 Change from Q1 2024 Change from Q4 2023 Change from Q4 2022 Change from Q4 2021 Change from Q4 2020 Change from Q4 2019
Light -1.5% -1.1% 1.4% -7.2% -5.9% -10.7% -23.0% -14.9% -13.4%
Midsize -1.3% 0.4% 0.3% -3.4% -4.2% -8.0% -20.3% -9.2% -8.8%
Super Midsize -9.1% -7.8% -8.1% -11.2% -12.5% -10.3% -24.3% -11.4% -11.8%
Large -12.4% -10.3% -10.9% -12.0% -12.1% -3.2% -15.0% 8.2% 5.2%
Overall -6.8% -6.2% -6.4% -9.9% -9.6% -14.7% -21.8% -5.4% -6.3%

Source: Private Jet Card Comparisons

Returning to Q4 of 2019, Light Jet Daily Minimums are down 13.4%.

Only Large Cabin Jets were up over that period, 5.2% more.

Peak Days

Perhaps the most significant change so far in 2025 was the drop in Peak Days.

Peak Days dropped to 35.4 days at the end of Q1 2025.

That’s down from 44.6 days at the end of 2024.

It also compares to the peak of 55.7 Peak Days at the end of 2022.

Jet Card Peak Days (2019 to Q1 2025)

PEAK DAYS (hours) 2019.Q4 2020.Q4 2021.Q4 2022.Q4 2023.Q4 2024.Q1 2024.Q2 2024.Q3 2024.Q4 2025.Q1
Overall 22.8 24.4 39.3 55.7 47.4 47.5 46.4 46.2 44.6 35.4

Source: Private Jet Card Comparisons

That was in a period when demand was outstripping supply.

The reduction in Peak Days represented a 20.6% sequential decline.

Jet Card Peak Days (2019 to Q1 2025)

PEAK DAYS (hours) Change from Q4 2024 Change from Q3 2024 Change from Q2 2024 Change from Q1 2024 Change from Q4 2023 Change from Q4 2022 Change from Q4 2021 Change from Q4 2020 Change from Q4 2019
Overall -20.6% -23.4% -23.7% -25.5% -25.3% -36.4% -9.9% 45.1% 55.3%

Source: Private Jet Card Comparisons

That’s 36.4% less than at the end of 2022.

Of course, if you prefer the glass half empty, Peak Days are still 55.3% above the end of 2019 before Covid.

Either way, fewer Peak Days mean fewer surcharges, shorter callouts, and a lower chance of your flight departure time being shifted.

Jet Card Callouts

If Jet Card sellers are trying to hold rates, Callouts are another area where they seem unwilling to return to pre-Covid rules.

The average Non-Peak Callout held steady at 65.7 hours before departure.

That’s essentially where the minimum booking window has been for the last four quarters.

Jet Card Callouts (2019 to Q1 2025)

CALL OUTS (hours) 2019.Q4 2020.Q4 2021.Q4 2022.Q4 2023.Q4 2024.Q1 2024.Q2 2024.Q3 2024.Q4 2025.Q1
Overall 23.2 29.0 55.9 64.7 69.3 69.2 64.5 65.1 66.2 65.7

Source: Private Jet Card Comparisons

Callouts are also down marginally from their 2023 peak of 69.3 hours.

The window to book at contracted hourly rates is still 183.2% higher than in 2019.

Jet Card Callouts (2019 to Q1 2025)

CALL OUTS (hours) Change from Q4 2024 Change from Q3 2024 Change from Q2 2024 Change from Q1 2024 Change from Q4 2023 Change from Q4 2022 Change from Q4 2021 Change from Q4 2020 Change from Q4 2019
Overall -0.8% 0.9% 1.9% -5.1% -5.2% 1.5% 17.5% 126.6% 183.2%

Source: Private Jet Card Comparisons

The average Callout was 23.2 hours, with many programs going as low as six, eight, 10, or 12 hours.

However, by requiring jet card clients to book two to three days before departure to get contracted rates, providers are giving themselves a bigger window for sourcing.

READ: Here’s what you negotiated when buying jet cards

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