NetJets restructures jet card pricing, reduces rates

NetJets pricing

The world’s largest private jet operator is updating its Marquis Jet and Elite jet card memberships in response to declining fuel prices and the COVID-19 Coronavirus pandemic

NetJets is eliminating fuel surcharges on its Marquis jet card programs and moving to inclusive pricing. At the same time, it is reducing the inclusive pricing on its Elite branded jet cards.

The move was not publicly announced but is instead being communicated directly to customers and prospects.

Priester Aviation adds 10-hour jet card option

Priester Aviation

The private jet charter operator is offering a new, lower starting option as a response to the COVID-19 Coronavirus pandemic

Starting for price for its Centerline jet card is dropping from $148,275 to around $55,000

Private jet operator Priester Aviation is reducing the buy-in for its Centerline jet card to 10 hours from 25 hours. The move means starting price is now around $55,000, down from close to $150,000.

Priester is the latest private aviation membership provider to create a new option in response to the COVID-19 Coronavirus crisis.

The pandemic has created a need for short-notice evacuation and relocation flights.

Jets.com rolls out 10-hour jet cards as COVID-19 Coronavirus response

Jets.com

The Jets Dot Com membership eliminates the 7.5% Federal Excise Tax from its inclusive pricing

Unused hours are refundable

The latest COVID-19 Coronavirus response to last-minute flying needs spurred by the pandemic is from jet card broker Jets.com.

Access to its fixed-rate, guaranteed availability no-fee membership now starts at 10 hours. The program is also refundable for unused hours.

Europe private jet flights drop 34% in March

As U.S. private jet travel fell by close to 30%, the COVID-19 Coronavirus pandemic had a big impact on business aviation in Europe

Italy private aviation flights dropped by 70% in March

Business aviation departures from Europe were down by 34% in March 2020 compared to the previous year, according to data supplied by WINGX.

The Germany-based business aviation research firm said there were 17,800 fewer flights flown last month. Like in the U.S., declines have accelerated towards the end of the month. During the final days of March, flying was down close to 50%.

Private Jet flights could drop by 60% in April from COVID-19 Coronavirus impact

Through the first 29 days of March, flying dropped 29.4%

That’s after private flights were only off 5% in the first 10 days of the month

A just-published white paper from Argus TRAQPak shows the dramatic drop in private aviation flights. It also paints a difficult picture looking forward.

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