Private jet CEOs talk trends, challenges, opportunities at Corporate Jet Investor

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Private jet capacity, pricing, labor, consolidation, demand, investment, new jet owners, offer challenges and opportunities for private aviation providers

Over 450 industry CEOs and leaders gathered last week in Miami for Corporate Jet Investor. For two days they hashed about issues relevant to the overall industry, with a large focus on private jet travelers who fly via jet cards, memberships, and charter.

Is the current record level of demand here to stay? Where will the industry find the capacity to meet that demand? Is more consolidation coming? How many big players are there left to buy? What is Amazonian pricing? When will the supply chain improve? Where have all the pilots – and line workers gone? Are they coming back? How will all the outside investment impact private aviation? What about on-time performance? What type of changes will you see to your jet card program? With dwindling supply, are small brokers on life support?

Sentient Jet joins NetJets in pausing jet card sales

Sentient Jet

Sentient Jet will become the third major player to temporarily halt jet card sales, Private Jet Card Comparisons has learned

As jet card sellers cope with sourcing flights at guaranteed rates on short notice and system hiccups against record demand, Sentient Jet plans to temporarily halt sales at midnight tonight.

As NetJets raises jet card rates, here’s what to expect from competitors

Jet card pricing 2021

With record demand, will private jet travel become more expensive? Jet card hourly prices are up 5.8% to 8.7% from December

The recent announcement by market leader NetJets it is raising jet card rates between 2% and 8% raises the question, will others follow suit?

FXAIR

FXAIR

FXAIR Executive Overview

Year Founded2020
LeadershipKenn Ricci, Chairman
Michael A. Rossi, Chief Financial Officer
Andrew Collins, CEO
Gregg Slow, President
Michael Hall, SVP of Operations
Michael Shaplen, SVP of Sales
HeadquartersNew York City, New York
Jet Card Hourly RatesFXAIR uses dynamic pricing
Related ProductsOn-demand Charter
Related CompaniesDirectional Aviation, OneSky Flight, Flexjet, Sentient Jet, PrivateFly

FXAIR is included in Private Jet Card Comparisons’ database of over 50 jet card providers, enabling you to compare programs in minutes.

Founded in 2020, FXAIR is part of Directional Aviation’s family of companies created by private aviation entrepreneur Ken Ricci, including FlexjetSentient JetPrivateFlyTuvoliFXAir, jet remanufacturer Nextant Aerospace and jet sales company Sojourn Aviation. It offers premium on-demand private jet charter and its Aviator charter membership.

When was the company founded?

2020

Who owns FXAIR?

Directional Aviation

Who is the CEO?

Andrew Collins is CEO; Gregg Slow is president

How are the aircraft sourced?

Charter operators and Flexjet's fleet

What are the initiation and membership fees?

None

What is the entry-level program?

$100,000 for its Aviator membership

Does Aviator provide guaranteed availability?

No, except for its Coast-to-Coast product

Is the hourly rate guaranteed?

No, it uses dynamic pricing

Can jet card holders/members use multiple aircraft at the same time?

Yes

What is the company website?

FXAIR.com

Where is its headquarters?

New York City

Contact a Sales Executive at FXAIR

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