The charter market for private jets is changing – Here’s how

private jet charter

Charter brokers are navigating new rules of engagement for sourcing your private charter flights. It impacts what you pay and how you fly

Brokers who sell on-demand private jet charter flights say it’s not just availability and price that’s an issue. Record demand has changed the ways jet owners and the operators who manage their aircraft and sell charter flights are working.

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?

On-demand charter vs. jet cards – a look at current pricing

private jets in Miami

Here’s our comparison of on-demand charter pricing to jet cards with fixed or capped rates and guaranteed availability

In the never-ending question about how to fly privately as cheaply as possible, the scale is now seemingly tilted to jet cards. That’s despite price recent increases. In 25 of the 30 examples, we analyzed, flying with a jet card would cost less. The average savings per flight was $5,693.

Despite spiking demand, jet card pricing is holding steady

Hourly rates for guaranteed availability jet cards with fixed pricing increased just 0.1% since May

With record demand and tight supply, jet cards with fixed rates and guaranteed availability could prove more attractive to those of you who charter on a flight-by-flight basis.

%d bloggers like this: