The jet card broker has also reduced daily minimums for light and midsize jet flights east of the Mississippi
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.
Pricing for jet cards varies by provider, however, just looking at hourly rates to compare total cost can cost you lots of money
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.
According to Private Jet Card Comparisons’ Quick Compare Flight Pricing, the deal gives you the lowest hourly rates in light and super-midsize private jet categories of any national program
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
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.
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).
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.