While there are reasons to use jet cards and on-demand charter, there are a number of key selling points for jet cards
The age-old question of jet cards versus on-demand charter sees advocates of each dig their heels in. While many jet card providers also sell on-demand charter, many brokers only sell ad-hoc charters and don’t offer a jet card membership option. Their main arguments against jet cards are tying up your money with six-figure deposits and the promise of better pricing. They rightfully point out you need to do due diligence about the financial stability of the company you are giving that money to, or at least make sure there is an escrow account. At the same time, consumers have lost money through bankruptcies of on-demand charter operators.
Of the more than 65 variables that separate the over 250 jet card programs tracked by Private Jet Card Comparisons, guaranteed availability and fixed one-way pricing are two of the most important to understand
Each week I have the opportunity to help out Private Jet Card Comparisons’ subscribers identify the jet card programs that best fit their needs. It can be a big investment, ranging from $50,000 to over $500,000 annually. To help me help them, I ask that they fill out our brief VVIP Jet Card Decider form which asks them a bit about their planned private travel, including basics such as where they are going, when, how long they are going for, how many people they are traveling with, will there be pets or unaccompanied minors, do they need WiFi, if there is any oversize luggage, are they interested in turboprop solutions, and preferences for specific aircraft types.
Chicago-based private aircraft management company Priester Aviation is launching an invitation-only jet card
After testing jet card offerings in Chicago and Dallas earlier this year, Priester Aviation is now rolling out its entry into the increasingly crowded jet card market. According to an email received by Private Jet Card Comparisons, the program named Centerline will be “by invitation only” and is targeted “for the world’s most discerning traveler.” Since the Great Recession, the number of jet card providers has more than doubled with over 40 sellers and over 250 different programs. Jet cards as a product type are increasingly coming in more flavors, including dynamic pricing and denominations starting at five hours. Earlier today, Wheels Up announced it will launch a membership program next year targeting fliers who need less than 10 hours per year. On the other end of the market, there are jet cards with published pricing up to 100 hours.
Air Charter Service recently introduced a new jet card product with guaranteed availability and a maximum hourly price
Air Charter Service has placed 29th in The Sunday Times Grant Thornton Top Track 250 list, published in last Sunday’s edition of the weekly newspaper with the company’s sales grew by 39% to £479 million ($553 million). The list, produced every year since 2004, and ranks Britain’s top 250 mid-market private companies by their revenues over the previous year, from published accounts.
Air Charter Services, Jetlogic and JetSuite are the most recent additions to the over three dozen providers that sell jet cards with both fixed rates and guaranteed availability
Private Jet Card Comparisons has identified over 65 variables between the over 40 jet card providers and 250 programs we track, and while some points are not important to everyone, each variable can impact the programs that best fit your needs. That said, some variables are universally important, two of the biggest ones being guaranteed availability and a fixed one-way hourly rate.