Jet Card Membership Programs provide users convenience when they fly privately, but finding the true hourly rate you will be paying often takes a bit of work
You ask your assistant to go to a few private jet card membership websites and check out the hourly rates. She follows your instructions and puts them in a comparison chart for you. That was easy! Then you join. You get your first invoice, and shock, the prices you are paying have nothing to do with the rates on the website. It reminds you of that $29 per day car rental that ended up costing you $79.
Skyjet Explorer will compete in the private jet Membership segment, including Wheels Up, JetSmarter and XOJET
Choices, choices, choices. In the private jet card and membership sector, the diversity of offers continues to grow. Directional Aviation yesterday announced it is expanding its coverage of the private aviation travel market by introducing its first pay-as-you-fly membership program. The company, which owns Flexjet, Sentient Jet and Skyjet is using the latter to introduce the new product, billed as Skyjet Explorer. Flexjet sells fractional ownership shares and leases, plus jet cards; Sentient focuses exclusively on jet cards and until now Skyjet had been an on-demand charter provider.
Long-haul, luxury private jet operator VistaJet is touring one of its Bombardier Global 5000s October 16-23 in the U.S.
VistaJet, which last month secured $150 million in new financing, making it a self-proclaimed Unicorn, a privately held company with a billion-dollar valuation, delivered more good news this morning. For North America, it said new program customers increased three times year-over-year, new program hours increased 146%, flight departures increased by 30%, and program hours increased 210% quarter over quarter. It also noted 45% of program customers who have joined in past 12 months have booked additional hours. As a result, it is increasing its U.S. based fleet by 50%.
GE’s Move To Cut Back Its Own Private Jets May Spur Innovation In The Charter Market
The King is dead. Long live the King. Jeffrey Immelt’s 16-year reign at General Electric is over and new CEO John Flannery will be shepherding a new $2 billion cost-cutting plan. One of the casualties will be GE’s corporate flight department.
Private jet activity spiked by 28% during the solar eclipse
Monday’s full solar eclipse was accompanied by a 28% spike in private aviation flight activity, according to TRAQPak, a service that tracks flying by private aircraft. According to a press release, there were 10,606 private aviation flights on August 21, 2017, compared to an average of 8,276 flights on previous Mondays during the year.