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.
The private jet membership marketer says it will use the money to expand routes and add flights
JetSmarter Inc. announced today it has raised its first institutional capital. The investment will be anchored by lead sponsor, Clearlake Capital Group, L.P. and include participation from Leucadia National Corporation existing investors. Financial terms were not disclosed, according to a press release.
The cost of Light Jets is $5,500 per hour and $6,750 per hour for Mid-Size Jets in XOJET’s new Elite Access private jet membership program.
XOJET has posted on its website some details of its updated Preferred Access and Elite Access programs with the biggest changes around its Elite Access program which continues to require a $200,000 deposit. Private Jet Card Comparisons had previously reported the San Francisco-area based operator and broker was set to launch significant revisions to its programs.