Boston-based jet card broker Magellan jets has swapped the CJ3 and CJ4 from the Hawker 400XP and Challenger 604/605 series from the Falcon 2000 in its jet card line-up
Magellan Jets is revamping its line-up of semi-specific jet cards. The move is designed to focus its jet card line-up around Cessna’s Citation, Bombardier, and Gulfstream aircraft.
Hourly rates start at $5,188 for a light jet and range up to $10,588 for a large cabin aircraft
December generally means jet card deals, and Jets.com is continuing that approach.
Through the end of the year, Jets.com has reduced both prices and the number of hours customers need to buy.
The deal, which is being announced this morning, and closed Friday, adds 26 light jets to the Wheel Up fleet
Wheels Up announced this morning that it has closed a deal to acquire Elkhart, Indiana-based Travel Management Company (TMC), a significant fleet operator of owned and leased light jets serving the on-demand charter market. The deal will increase the current Wheels Up fleet to 119 owned and leased aircraft. Terms of the deal were not disclosed.
For Wheels Up founder Kenny Dichter, who helped popularize jet cards by launching Marquis Jet Partners in 2001 before selling it to NetJets in 2010, the move comes after he announced in January he had hired Goldman Sachs and Bank of America to provide advice on strategic options.