If you are concerned about protecting your jet card and private jet membership deposits, some providers offer an escrow account option
With the financial stability of jet cards and private jet membership providers again in the spotlight, the question of what happens to the money you ‘deposit’ is again a hot topic. The good news, is ome providers do give you added protection.
PrivatAir’s insolvency marks another ‘good times’ private aviation blackeye and reminds buyers they need to research the stability of providers
Yes, it’s another ‘good times’ private aviation hiccup in what has been described as the peak of the segment’s 10-year recovery. “Any Jet, Anywhere, Any time” reads the on-demand private jet charter page of the Swiss and German private jet management company PrivatAir which said it has filed for insolvency today.