A top NetJets executive says he doesn’t “foresee any new restrictions or fewer restrictions to the jet card program”.
Despite spiking fuel prices, NetJets says it will not impose a fuel surcharge on its current jet card customers.
North American jet fuel prices are up 88% month-to-month and 102% year over year, according to the IATA Jet Fuel Price Monitor.
The NetJets jet cards offer an inclusive hourly rate that covers fuel, taxes, deicing, WiFi, and catering.
Many industry jet cards have fuel surcharges.
Some are updated weekly, others monthly, and others at the company’s discretion.
During the Covid demand surge and after the Russian invasion of Ukraine, some programs implemented changes, including extra charges, peak days, and other restrictions.
Fine print in some contracts enables a provider to change guaranteed rates on as little as a couple of weeks’ notice.
During the Covid demand surge, some programs that didn’t want to fly customers at a loss refunded their money.
While NetJets stopped selling or renewing jet cards back in 2021, it has consistently honored existing contracts.
A spokesperson says, “Fuel is inclusive with our card product, and while NetJets manages volatility through scale and procurement strength, we are not immune to extreme market conditions.”
She says, “We continually monitor market conditions, and any future fuel surcharge would be driven only by extraordinary circumstances and would not impact current card agreements.”
READ: 21 extra charges that could be in your jet card contract
Speaking about the program earlier this week, NetJets President Patrick Gallagher said, “I don’t foresee any new restrictions or fewer restrictions to the jet card program.”
Gallagher says jet cards and 25-hour leases “amount to about 15% of our overall demand, 15% of our total flying, and we feel like we’re in a really good place.”
The 25-hour leases have 10 blackout dates, 35 peak days with a surcharge, and 45 more peak days without a surcharge.
There are two jet card versions.
One has 90 blackout days with the lowest price.
The other has 45 blackout dates and 45 peak days, with no surcharge.
After record growth in 2024 and 2025, Gallagher says demand so far in 2026 has not let up.
The company added 19 additional private jets in the first two months of the year.
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