COVID-19 may not get you a refund if your private jet charter flight cancels

Rules for cancelling a private jet charter flight

The time to talk to your broker, operator or jet card provider about COVID-19 related cancellations is before you sign the contract

One problem in life is most consumers don’t read the fine print in contracts they sign until there’s a problem. That was a key point from panelists, including a private jet charter operator, a major charter broker, and executives of the National Air Transportation Association (NATA), during a webinar yesterday.

NetJets, Wheels Up, Flexjet, and Vista Global’s XOJET lead the list of Biggest U.S. Private Jet Operators

Largest Private Jet Airlines

Despite consolidation, the 25 largest Part 135 and 91K operators account for only 25% of the U.S. private jet market

Why you won’t find Wheels Up when you look at lists of private aviation operators

Sizing the U.S. private jet market between Part 91, Part 91K fractional and Part 135 charter operators

8 of the 10 largest companies are led by the founder or family member

Here’s a big difference between the private jet market and the airlines. Just 10 airlines account for 90% of the domestic market for scheduled passenger traffic. Four companies – Delta Airlines, American Airlines, United Airlines, and Southwest Airlines – are responsible for two-thirds of U.S. flights.

Despite consolidation, business aviation remains fragmented. An analysis by Private Jet Card Comparisons of various reports from Argus TRAQPak and other data shows the 25 largest operators of charter and fractional fleets together account for just 25% of all U.S. flying.

Wheels Up’s Meals Up hits 12 million meals donated

Wheels Up Meals Up

The private jet membership provider and largest Part 135 charter operator in the U.S. had targeted 10 million meals through Feeding America

The good news in recent days and weeks in the private jet segment has been multiple signs of recovery, both in terms of flying and influx of new customers.

Another positive has seen the philanthropic efforts of business aviation throughout the Covid-19 Coronavirus pandemic.

Magellan Jets adds complimentary carbon offsets

Magellan Jets

Jet card broker Magellan Jets is honoring Earth Day by including offsets for customers who buy until the end of June

Boston-based Magellan Jets is offering complimentary offsets on all 50-hour memberships purchased throughout the second quarter of 2020.

Mnuchin asserts UberJets ties to JetCard Plus and Paul A. Svensen, Jr. in lawsuit follow-up

Steven Mnuchin private jet

The U.S. Treasury Secretary is still looking recoup nearly $220,000 he lost to defunct private jet charter broker JetCard Plus

In yet another lesson showing it doesn’t matter who you are, it pays to do proper research before you buy into a jet membership program, the check wasn’t in the mail.

U.S. Secretary of the Treasury Steven T. Mnunchin still hasn’t received the $219,623 judgment he won from JetCard Plus and its former CEO Paul A. Svensen, Jr. last May in a Florida Court.

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