Temporary flight restrictions at Palm Beach International Airport during visits by President Donald J. Trump to his Mar-a-Lago “Winter White House” are causing private jets to shift operations to Boca Raton Airport, 25 miles to the south, with weekends when the President is in the Sunshine State seeing 400 movements, double the norm.
Omaha, Nebraska-based Jet Linx has 1,300 clients and 90 airplanes and is expanding its private jet program to more of the country using what it describes as an Airbnb model.
If you are looking for ways to burn some of your private jet card hours, officials in Wyoming are expecting a surge in private aviation arrivals this August for prime eclipse viewing.
JetSmarter has long intrigued the industry as to whether or not it has a sustainable business model. While some memberships start under $10,000, others range over $40,000 meaning members potentially put their money at risk when they sign-up. The offer of free shared shuttle flights on private jets and free empty legs means for many people who can’t afford private jet cards or on-demand private charter, JetSmarter is a cost affordable way to avoid commercial airports. The offer is enticing when one compares an entire year of free flying based on as little as $10,000 to hourly charter rates of $4,000 to $18,000 per hour!
But is JetSmarter too good to be true?
Honda Aircraft Company’s six-seat private jet priced at $4.5 million is finally taking flight giving the industry and consumers the opportunity to see if the carmaker can truly expand the business jet market or if it will be an expensive money pit for a company that racked up a nearly $3 billion operating profit in 2016.
JetSmarter has made splashy headlines in the private aviation space. It’s been called the Uber of private jets. It claims to be a Unicorn, a privately held company with a valuation of over $1 billion. On the surface, it seems like a great deal.
Wheels Up, best know for its fleet of King Air 350i, will be leveraging the aircraft type with operations in and out of Daniel Field, about 10 minutes from Augusta National, home of The Masters. The company is projecting a 45% increase in flights over last year, in the neighborhood of 200 movements.