FET tax holiday extension for private jet flights unlikely

FET tax holiday

A top executive from the National Business Aviation Association says don’t expect the Federal Excise Tax holiday to be extended

Congressional leaders in Washington D.C. are still trying to work out additional relief for companies and individuals impacted by the COVID-19 pandemic. Don’t expect an extension of the holiday for the 7.5% Federal Excise Tax (FET).

Concord Private Jet adds FET-free jet card offer

Concord Private Jet

Boutique jet card broker Concord Private Jet is offering clients who buy jet cards before the end of the year tax-free flying for the life of their funds

Long Island, New York-based Concord Private Jet, is the latest jet card seller to offer FET-free flights. Like other programs, you need to buy before the end of the year.

Concord Private Jets gives preferred payment terms to JetSuite cardmembers

star jets international private jet

SuiteKey members can join Concord’s jet card program with a reduced deposit of $25,000

Long Island, New York-based private jet card broker Concord Private Jets is offering JetSuite customers preferred payment terms.

Concord Private Jets rates were already among the lowest in the industry at $4,300 per hour for light jets, $,5400 for midsize, and $6,750 for super-midsize aircraft.

Jet Card programs make pricing and policy updates in response to COVID-19

compare jet cards 2020

Both the Coronavirus pandemic and the CARES Act waiving the 7.5% Federal Excise Tax are impacting jet membership costs and terms

(Updated Nov. 20, 2020) To say the past month and a half has been a roller coaster for private aviation would be an understatement.

March started with high hopes. A spike in requests from first-timers who wanted to get to second homes or relocate family members kept activity close to normal.

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