Reports from TRAQPak covering the U.S. and WINGX in Europe show private jet travel continues to enjoy strong growth in 2017
TRAQPak says private jet travel increased by 4.1% year-over-year powered Part 135 growth of 7.9%, representing on-demand charter and jet card membership programs. Fractional share flying rose 2.2% and Part 91 activity increased 2.0%. Aircraft size categories all increased with Large and Mid-Size jets posting the largest gains, up 5.6% & 6.9%, respectively.
Chartering a private jet is much more than getting quotes for the hourly rate
Not all private aviation operators are the same. Before you charter a private aircraft, the National Business Aviation Association suggests you ask these questions. Keep in mind that one advantage of jet cards is your provider has set specific sourcing standards, so you only have to go through this once as opposed to every trip or each time there is a switch in the operator. You can compare over 100 jet cards by 65 variables by becoming a subscriber to Private Jet Card Comparisons. There’s more information here. Before chartering a private jet, the questions below will help you find an operator that you are comfortable with.
One of the private jets used by HHS Secretary Tom Price is not what you would expect
Health and Human Services Secretary Tom Price is under the spotlight for his use of private jets. It comes after Treasury Secretary Steve Mnuchin got heat for using a U.S. Government Gulfstream to view the eclipse from the roof of Fort Knox. The trip came into the spotlight when his wife, actress Louise Linton, made an Instagram post that could have been had the hashtag #RichKidsOfInstagram as she called out the various designer labels she was wearing (below).
The Private Jet Operator And Charter Broker Is Focusing On Major Markets
As previously reported by Private Jet Card Comparisons, XOJET is expanding its network of retail offices based on the growth of its charter brokerage business. The company opened an office at Palm Beach International Airport to be closer to clients in Florida, where the firm saw an 18% increase in Southeast Florida flights in 2016 over 2015. Last year XOJET’s top five most frequented airport cities in the southeast region of the U.S. were in Florida, the company said in a press release.
The Private Jet Membership Community Is Offering Charter Customers The Ability To Offset Costs By Selling Seats On Their Flights
JetSmarter is expanding its private jet-sharing service, according to its founder and CEO Sergey Petrossov. “Up until now the name SHAREDCHARTER and Create Your Own Shuttle have been used almost interchangeably. They’re now becoming two distinctly different services,” Petrossov said in a video released yesterday.
NetJets was rolling out the red carpet for its fractional share and jet card owners earlier this month in Basel, Switzerland for the original Art Basel, not the one in Miami. A partner with the art fair that draws some 300 galleries and over 4,000 artists for more than a decade, this year the provide jet provider owned by Warren Buffett engaged Frida Fjellman for a bespoke installation in its VIP lounge.
Does JetSmarter take American Express? It should be a simple yes or no answer. Right? Well, apparently not. During my first email interview with JetSmarter CEO Sergey Petrossov I asked the question after reading that the private jet membership program had stopped accepting Amex as a form of payment.