The private aviation definition of a roundtrip is different than commercial airlines, but you can find discounts as high as 40%
When buying a jet card we always say it pays to do some homework upfront from a multitude of reasons. Some of it involves kicking the tires of the providers, comparing their standards for sourcing airplanes and flight crew, assessing who they are, how long they’ve been around and so forth. However, in making the best decision it really helps if you can as best possible map out the trips you expect to be taking, and yes, how many people are traveling, but also how long each trip is and if it includes multiple stops, the time between each flight segment.
If you assume that all jet card programs are similar, you are making a mistake. Here are some common misperceptions.
In a decade where private jet flying has had to gradually climb back to pre-2008 recession levels and delivery of new aircraft has yet to reach those historic heights, the number of jet card providers has more than doubled. Why? Jet cards provide an experience as close as you can get to whole or fractional aircraft ownership without the same financial or long-term commitment. It’s also easier than on-demand charter where each time you are comparing aircraft served up by your broker and then having to worry about ferry fees and if you are making late plans, wiring money, particularly on holidays.
The answer is sometimes, and yes you can save money, but you need to be flexible
By various estimates, 30% to 50% of the private jet charter fleet flies empty. Why? Unlike airlines which schedule aircraft and then sell seats knowing at all times where planes are supposed to be and how many people are booked to be flying, in private aviation, the jets are waiting to go and pick up passengers willing to pay as much as $15,000 per hour to fly in them. In terms of structure, it’s as different as chalk and cheese.
While private aviation has struggled to get back to pre-Recession levels, the number of companies selling Jet Cards has doubled
Since the Great Recession of 2008 private aviation has struggled. Flight hours dropped significantly and now just a decade later are returning to levels equal to before the financial meltdown. Orders and deliveries of new private jets still haven’t recovered, yet one area of private aviation has been growings – Jet Card Memberships.
The Jet Card start-up is focused on turboprops, pistons, very light and light jets
Pushed by what founder and CEO Tom Filippini says is strong demand in its first year of operations, Denver-based jet card seller StraightLine Private Air is making a few changes to its programs, including adding a $200,000 tier. Filippini, who didn’t want to disclose the number of members, says interest in the company is based on its somewhat different approach. The provider has also joined the fray with an end of the year offer: Join by December 31 and receive a 5% bonus up to $10,000.