Magellan Jets cuts peak days, minimums, call-outs; adds Europe

Anthony Tivnan

Magellan Jets is revamping its jet card and membership offerings, rolling back a number of policy and rule changes implemented during the past year

Fewer peak days, shorter call-outs, and shorter daily minimums, plus more international destinations with fixed one-way pricing.

Magellan Jets revenues top $80 million in 2021

PRIVATE JETS ON GROUND

Boston-based jet card and on-demand charter broker Magellan Jets says it expects sales of $115 million in 2022 after breaking records last year

Magellan Jets gross revenue increased to $80 million in 2021, and the company is projecting $115 million this year.

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

Phenom 300#

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?

Some Magellan Jets pay-as-you-go rates are decreasing

Magellan Jets

As of June 1, Magellan Jets is rolling out new pricing for its pay-as-you-go memberships, and some prices are coming down

Boston-based jet card broker Magellan Jets is revising hourly rates for its pay-as-you-go memberships, effective June 1. And while the majority of prices are going up, some are decreasing.

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