The jet card and charter broker joins NetJets with its UAE expansion push
Jet card and charter broker Air Partner said it has opened a new office in Dubai as it looks to extend its Middle East presence as it seeks continued organic growth.
Last month, NetJets said it would open a Dubai office in early 2020. Air Partner offers brokered jet cards and private jet charter while NetJets focuses on fractional ownership, leases, and jet cards.
The jet card broker is consolidating to have just one published program for each cabin size category – light, midsize, super-midsize, and large jet
U.K.-based private jet broker Air Partner, which offers fixed-rate, guaranteed availability jet cards for service areas in Europe, including the U.K., the Middle East, and North America, is phasing out its JetCard Sterling as a published offering.
The Sterling level program offers aircraft averaging 10 years old but didn’t guarantee the age of planes, so inventory included pre-2000 model private jets.
With the move, it will now offer singular pricing based exclusively on aircraft that meet its sourcing standards, instead of offering two levels of pricing, one for newer and the other for older jets.
Gross profit of £17.2 million was “stronger than levels anticipated at the time of AGM”
U.K.-based charter and jet card broker Air Partner said its gross profit was £17.2 million for the first half of its financial year, which ended in July. It said the results are “in line with prior period and stronger than levels anticipated at the time of AGM.”
Air Partner sells jet cards with fixed hourly rates that cover Europe, and North America, including the Caribbean and Mexico. During the summer, it introduced one-way transatlantic fixed rates starting with just a 10-hour commitment.
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.