When Choosing A Private Jet Card Membership, Here’s Why You Should Look Beyond The Hourly Rate

Safety standards, pilot qualifications, service recovery guarantees, medical assistance, service area and other items can often be more important than hourly rate in finding the right jet card provider

 

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). 

How To Find Your True Hourly Rate When Choosing A Jet Card Program

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.