Jet card providers have been reworking their programs to adapt to record demand and the new realities of sourcing private jets for clients
As demand for private jet travel continues unabated, the industry has been struggling to keep up. The result is jet card providers have been reworking their programs to adapt to these new realities. You can read our company-by-company overview of changes here.
In case you don’t read emails from your jet card company, here is our recap changes programs have been making in recent months
As private jet flying has reached record levels, capacity is being stretched. Providers are trying to line up more capacity. However, jet card rates, which in the past hadn’t changed for years at a time, have been on the rise. The midyear timing speaks to what’s happening in the market.
Hourly rates for guaranteed availability jet cards with fixed pricing increased just 0.1% since May
With record demand and tight supply, jet cards with fixed rates and guaranteed availability could prove more attractive to those of you who charter on a flight-by-flight basis.
With record demand, will private jet travel become more expensive? Jet card hourly prices are up 5.8% to 8.7% from December
The recent announcement by market leader NetJets it is raising jet card rates between 2% and 8% raises the question, will others follow suit?