The jet card broker is launching fixed-rate, guaranteed availability between the U.S. and Europe
U.K.-based charter broker Air Partner will announce later today it has signed up six charter operators who will provide more than 50 long-range private jets for new fixed-rate, guaranteed availability jet card pricing between the U.S. and Europe.
With a buy-in starting at just 10 hours, and the ability to refund unused funds, the new offering is likely to have a wide appeal for its target market, particularly travelers who want set pricing but don’t fly enough to make multi-year commitments to key competitors for the route such as NetJets, Flexjet and Vistajet.
The new cross the pond rates connect Air Partner’s existing fixed-rate, guaranteed availability primary service areas for its jet card customers covering the U.S., Caribbean, and Europe. Air Partner is one of the few jet card programs offering fixed rates for flights within both the U.S and Europe.
“Over the past few years, we’ve noticed increasing demand
for an improved transatlantic option to better connect our clients in the
United States with Europe,” said David McCown, president of Air Partner U.S.
“We’re dedicated to continuously creating innovative travel solutions to best
serve our customers, and we are pleased to today become the first jet
membership program to offer a fixed Trans-Atlantic rate.”
Transatlantic jet card pricing
Beyond a cost of $15,650 per hour with a seven-hour segment minimum, there is a 15% roundtrip discount based on an average of at least four flight hours per day.
The U.K.-based charter and jet card broker also specializes in emergency evacuations
With hurricane season on the horizon, Air Partner, a global
leader in private aviation, with a focus on natural disaster safety and
planning, has its Hurricane Evacuation Program in place, ready to aid and
assist with preparations and evacuations.
In a press release, the company today provided a list of
emergency planning tips especially relevant to companies and organizations, in
advance of the 20 predicted storms in the 2019 hurricane season pipeline.
Jet card broker Air Partner has been promoting luxury travel experiences via partnerships
Air Partner said it has partnered with The Modern Concierge to offer personalized 3, 4, 5 and 7-day wellness getaways for its JetCard jet card members. It follows similar partnerships with Quintessentially Travel and Camper & Nicholson covering luxury travel and yacht charters.
The jet card and charter broker plans to roll out ongoing
promotions around key holidays
Why not give the gift of private jet travel? That’s the idea behind Air Partner’s launch this week of its expanded “Memories Over Miles” campaign. The goal, according to a press release is “encouraging travelers to maximize their vacation time by flying privately with family and friends during holiday celebrations. The program is kicking off with travel tips and recommended itineraries for creating memorable moments with mom this Mother’s Day.”
The publicly traded U.K. company sells jet cards and
on-demand charter with fixed rate programs in both the U.S. and Europe
Stock analyst Liberum Capital restated its buy rating on
shares of Air Partner (LON:AIR) in a research note published last Thursday,
according to several reports.
Shares of Air Partner stock opened at GBX 89.40 ($1.17) on
Air Partner has a 12 month low of GBX 71.40 ($0.93) and a 12
month high of GBX 129 ($1.69). The stock has a market cap of $46.39 million and
a P/E ratio of 17.19. The company has a debt-to-equity ratio of 21.28, a
current ratio of 1.06 and a quick ratio of 0.80, according to Liberum.