While a one-off short flight on a light jet might be had for as little as $5,000, you can also buy a new $70 million ultra-long-haul private jet. We look at the options, including full ownership, fractional shares and leases, jet cards and on-demand charter
The cost of a private jet varies widely, from owning an entire aircraft to chartering on-demand. But what are the options?
Fractional ownership and leases, as well as jet cards, have become a popular middle ground, providing convenience and consistent experience in many ways offering the best of either full ownership or on-demand charter.
However, figuring out the right solution isn’t necessarily based only on flight hours. Current U.S. tax benefits of full or fractional ownership can tilt the scale in their favor, particularly if most of your flying is for business.
Best Private Jet Charter Brokers Guide is the first guide
that takes into account ARGUS and Wyvern certification along with Trustpilot,
Facebook, Glassdoor and Better Business Bureau ratings
There more than 3,000 private aviation charter brokers and charter operators globally. To help paid subscribers more easily find those brokers who have registered and certified themselves as well as the largest floating fleet operators and jet card providers who also offer on-demand brokerage services, Private Jet Card Comparisons has created Best Private Jet Charter Brokers Guide.
84 leading private jet charter brokers in one place
Investment capital continues to pour into private jet and helicopter membership, card and sharing programs
Here it comes. Add Fly BLADE to JetSmarter, JetSuite, Stellar.aero, Victor, VistaJet and Wheels Up – the list of private jet card, online charter and by the seat private aviation companies that have raised over $500 million over the past 18 months. According to a press release, BLADE added “approximately $38 million” to its coffers via Series B Financing led by Colony NorthStar and Lerer Hippeau along with Airbus Helicopters and LionTree Ventures.
JetClass offers scheduled flights on private jets without membership fees
By the seat, pay as you private jet operator JetClass is adding seven new routes in Europe with one-way fares starting as low as 390 Euros. The service, which doesn’t have a membership fee, sells individual seats on private jets with a fixed schedule. Passengers on these short flights benefit from using FBOs, private jet terminals, instead of having to transit commercial airport terminals, often cutting total travel time in half.
82% of personal assistants find booking private aviation flights on short notice is a major challenge
A new survey of personal assistants by on-demand charter broker Victor revealed 82% of survey respondents found that finding flights on tight turnarounds is a major challenge they face when coordinating private jet travel. To me, at first reading, the findings weren’t surprising: booking on-demand charters require vetting both jets, operators, and prices each trip, handling payments, which can be complicated in some companies, and often submitting passenger information, catering and so forth. It also means in the event of disruptions, you are at the mercy of your broker to figure out replacements and minimize extra expense.