The time to talk to your broker, operator or jet card provider about COVID-19 related cancellations is before you sign the contract
One problem in life is most consumers don’t read the fine print in contracts they sign until there’s a problem. That was a key point from panelists, including a private jet charter operator, a major charter broker, and executives of the National Air Transportation Association (NATA), during a webinar yesterday.
Guidance from the IRS infers if you buy a Jet Card now, you can save the 7.5% Federal Excise Tax for flights next year, maybe
Get ready for a possible flood of email offers from private jet companies. The offer is to buy a jet card now for flights in 2021 and beyond. The goal is to save the 7.5% Federal Excise Tax for those post-New Year’s trips.
As part of the CARES Act, the collection of the tax is suspended through Dec. 31, 2020. Unless new legislation is put into place, it will snap back into effect on Jan. 1, 2021. The tax applies to domestic flights and those that begin or end within 225-miles of the Canadian and Mexican borders.
The private jet charter broker and jet card provider provided a wide view of its varied business units
Private jet charter and jet card broker Air Partner, which
offers extensive aviation services beyond private flying, updated shareholders earlier
today on its approach to the Coronavirus COVID-19 pandemic, including protective
actions being taken, current sales and pipeline.
Don’t Look Media has filed a new lawsuit against Fly Victor, its founder Clive Jackson, and others
The new lawsuit against private jet charter broker Victor was filed in Florida’s state court
Following the administration of private jet charter broker Fly Victor’s parent, and a subsequent management-led buyout, Don’t Look Media has filed a new lawsuit, this time in Florida’s state court.
A previous, similar lawsuit filed last year in Federal Court was dismissed in February, a move Don’t Look is appealing.
The new lawsuit, also seeking $30 million, is over a revenue-sharing agreement for website privatejet.com, owned by Don’t Look.
The private jet operator says it is on track to launch its fractional share, lease and jet card offerings in Europe
More plans are expected to be disclosed in the second quarter of this year
Flexjet’s long-planned expansion into Europe is still on track, the company told Private Jet Card Comparisons.
Several pilots commenting on chat board PPRuNe, which stands for Professional Pilot Rumor Network, had raised the question if Flexjet’s Europe launch was on hold.