FET tax holiday extension for private jet flights unlikely

FET tax holiday

A top executive from the National Business Aviation Association says don’t expect the Federal Excise Tax holiday to be extended

Congressional leaders in Washington D.C. are still trying to work out additional relief for companies and individuals impacted by the COVID-19 pandemic. Don’t expect an extension of the holiday for the 7.5% Federal Excise Tax (FET).

JetSet Group sets July jet card sale

JetSet July private jet sale

The jet card broker is offering up to 2.5 free hours as part of a summer promotion

New York-based JetSet Group is offering free hours options for new customers. The offer is applicable when buying 25 or 50 hours until the end of July.

Jet Card programs make pricing and policy updates in response to COVID-19

compare jet cards 2020

Both the Coronavirus pandemic and the CARES Act waiving the 7.5% Federal Excise Tax are impacting jet membership costs and terms

(Updated Nov. 20, 2020) To say the past month and a half has been a roller coaster for private aviation would be an understatement.

March started with high hopes. A spike in requests from first-timers who wanted to get to second homes or relocate family members kept activity close to normal.

COVID-19 Coronavirus: Here are the best options for trans-Atlantic private jet flights

Covid-19 Coronavirus private jet user survery

There are several Jet Card options you can buy today with guaranteed availability and fixed one-way rates for flights between the U.S. and Europe

Read the full Europe Travel Ban proclamation from President Trump at the end of the story

Last night’s Trump Travel Ban forbidding foreign nationals from entering the United States for 30 days starting tomorrow at midnight is likely to force the airlines to cancel more trans-Atlantic flights.

The directive, issued during an Oval Office address from President Donald J. Trump, bans foreign nationals from Europe’s 26 Schengen countries from entering the U.S. It also bans other foreigners who have visited any of the countries 14 days prior attempting entry into the U.S. The ban is set to last 30 days.

Air Partner predicts Jet Cards will be a top growth segment for 2020

Jet cards 2020

The U.K.-based on-demand charter and jet card broker sees strong growth for the U.S. and across many of its sectors

Air Partner is somewhat unique in the field of more than 55 jet card providers we track. It’s publicly traded, albeit in the U.K.

There are other jet card suppliers located within publicly traded companies – Delta Private Jets until its acquisition by Wheels Up, NetJets is owned by Berkshire Hathaway, and Jet Aviation by General Dynamics. However, results aren’t broken out in financials as they are with Air Partner.

Another difference is the diversity of the services it offers, from private and large group charters to freight, fatigue risk management, compliance and safety performance, bird control and wildlife management for airports, plus crisis emergency planning and evacuation.

JetSet Group launches trans-Atlantic jet card

Following Air Partner’s debut of a similar product last month, jet card broker JetSet Group debuted a US-Europe fixed-rate, guaranteed availability jet card

New York-based jet card broker JetSet Group today launched a fixed rate, guaranteed availability for travel between the U.S. and Europe. It follows Air Partner, which launched a similar private jet membership last month, joining VistaJet and NetJets which also serve the niche.

“With many clients in Europe or going or coming back towards the end of the summer, we figured now was a good time,” JetSet Group CEO Steve Orfali tells Private Jet Card Comparisons.

JetSet Group launches CNBC campaign, 2 free hours jet card promotion

JetSet July private jet sale

The New York-based jet card brokers is reporting 32% sales growth

Powered by 32% growth year-over-year compared to 2018, New York-based jet card broker JetSet Group will launch an advertising campaign on CNBC starting tomorrow. Included will be digital advertising and sponsorship of its ticker.

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