Private Jet Card Comparisons - Know Before You Buy
Compare over 250 private jet card membership programs by 65 variables in 1 place
Miami-based Prive Jets is creating a reduced deposit program at $50,000. Hourly rates are the same as its $100,000 deposit jet card.
Light jet rates for the new program are $4,815 per hour. Midsize jets are $6,265 on an hourly basis, with super mids at $8,905, and heavy private jets at $12,565.
Price, as in, “What is the hourly rate?” is often the first question buyers ask. Too often it’s the only one they ask when it comes to what they will actually end up spending. Don’t make the mistake of forgetting to specifically look at how much your actual flights will cost with each provider.
Because flying with jet cards is easy, assuming buying one is easy and something you can do without taking the time to compare the details can be expensive as you will see.
Jet card broker Private Jet Services, which made its mark with corporate shuttles, sports team, live entertainment, and political campaign charters, is offering a free hour with the purchase of a 10-hour jet card.
The offer requires purchase by July 4th and travel needs to be completed by Oct. 14, 2019, Columbus Day. The terms of the 10+1 card are the same as other PJS jet cards, according to the company.
As I’ve written before, figuring out your true hourly rate isn’t necessarily straightforward. You need to factor in whether your quote includes the 7.5% Federal Excise Tax (FET), fuel surcharges, membership fees, CPI escalators, how much time is charged for taxing per segment, daily and segment minimums and even whether or not de-icing is included. Depending on when you are flying, you also need to look at peak day surcharges. Then you need to figure out which of your trips if any will qualify for roundtrip discounts. If you have a CFO, it’s probably a good project to involved his department. Excel spreadsheets are your best friend, which is one reason we have put in the more than 10,000 points of data we’ve captured into spreadsheets located on Google you can download into Excel as a subscriber (example below).