Private Jet Card Comparisons - Know Before You Buy
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Lot’s of buying. Less flying. Like other jet card sellers, Magellan Jets reports its 2020 had ups and downs. Behind a 200% spike in jet card sales and a 20% increase in jet card hours, flight hours were down 20%.
Jet card broker Magellan Jets is wading into what could be a hot topic for the rest of the year.
Can you save the 7.5% Federal Excise Tax on jet card charter flights in 2021 if you buy before the end of the year? As part of the CARES Act, the collection of the tax is suspended through Dec. 31, 2020. Unless new legislation is put into place, it will go back into effect on Jan. 1, 2021.
Boston-based jet card and on-demand charter broker Magellan Jets has added to its library of educational white papers for private jet fliers with a white paper titled, “How Safe Is Your Private Aviation Company?”
Magellan’s report notes when it comes to providing safe private jet flights, “You can bet that every operator out there will make this same claim. But are they all the same? How can you ensure that a private aviation operator is walking the walk when it comes to safety?”