Private aviation travel in December increased powered by a 4.6% gain in charter and jet card flights
Year over year flight activity (December 2017 vs. December 2016), TRAQPak data showed that December 2017 posted an increase of 2.0%. The results by operational category were mostly positive with Part 135 activity (on-demand charter and jet cards) producing a 4.6% gain. Fractional activity recorded a rise of 4.0% and Part 91 activity slipped 0.5%. The aircraft categories were mostly positive as well with large & mid-size jets posting the largest gains, up 5.5% & 4.2% respectively. Turboprops were flat for the period while light jets declined 0.1%.
Magellan Jets VP of services and support says new jets aren’t necessarily better than old for reliability, and big isn’t necessarily better than small when it comes to private jet operators.
One of the more robust private aviation provider blogs is at the Magellan Jets website. The seller of jet cards and on-demand charter has a regular flow of interesting content as well as publishing some good guides about different aspects of private jet flying. Recently we read a piece by Todd Weeber, the vice president of services and support titled, “5 Questions Everyone Should Ask About Aircraft Maintenance.”
Jet Cards are popular with companies that want to obtain the benefits of private aviation and be able to carefully budget total spending and costs per trip.
It might surprise you that it is estimated around 50% of Jet Card flying is for business. While Jet Cards are popular with families and executives who fly by company jet, but need a personal private travel solution, the Jet Card is also ideal for companies. Many Jet Cards provide guaranteed hourly rates, and one-way rates, meaning no ferry fees. Both features mean that it is easier to budget trips. Jet Cards also provide the ability to quickly take advantage of opportunities that pop up without having to worry about transferring funds, but because they are purchased in fix amounts, give your CFO and COO budget control.
The fractional share and jet card seller has long been a major sponsor of major athletes and sporting events
NetJets sponsors a multitude of high-end athletes and maintains sponsorships with the PGA, over 30 tour pro golfers, and even its hometown hockey team in Columbus, Ohio. Now the largest private jet operator in the world is going horses so to speak by adding the Winter Equestrian Festival (WEF) plus the Global Dressage Festival and the International Polo Club to its sponsorships.
If 2017 was the year of the Jet Card with big sales increases, new entrants and new products, 2018 may hold even more twists and turns
In the spirit of sticking out our neck and hoping you don’t look back at our predictions come New Year’s 2019, we have looked into our crystal ball and assembled five trends we think are worth paying attention to if you are shopping for a Jet Card.
Flying outside your Service Area may bring different pricing, including Ferry Fees and other charges that can blow a big hole in your budget
One of the surprises I hadn’t considered when I started researching private jet card programs for Forbes was Service Area. I sort of assumed that if you secured a card with a guaranteed hourly rate for one-way flying, that rate would be valid to fly to most places. In other words, in reading through the marketing materials and seeing that the provider would fly you worldwide, the thinking was the one-way hourly prices in the same brochure would apply. The answer is they are really two different things, and in fact in the soon to be released 2018 edition of Private Jet Card Comparisons we honed in on the subject a bit more to specify both Service Area and Service Area with Guaranteed Hourly Rate although it already covered in the current edition. If you subscribe now, you get access to both.
Lead Time for reservations and cancellations, hourly rate, and even availability to get a private jet can vary on Peak Days
A common way private jet companies get new customers is a referral. Some provide incentives, but most of the time it’s more birds of a feather flock together. Whether you already have your own aircraft and are looking for supplemental lift, fly the company jet on business but need a personal solution, are looking for a business travel solution or just want a better option than flying commercially to your vacation home, Jet Cards are many times the perfect solution.