Magellan Jets promotes Phenom 300 jet cards; Announces rate hike

Phenom 300

While NetJets put its Phenom 300 jet card and fractional offering on waitlist, Magellan Jets is promoting its version of Embraer’s top-selling light jet

Boston-based jet card broker Magellan Jets is promoting its Phenom 300 jet card ahead of a planned rate increase. The hike is scheduled to go into effect on August 16. Most of all, it’s making the point that its version of Embraer’s popular light jet is still available.

Some Magellan Jets pay-as-you-go rates are decreasing

Magellan Jets

As of June 1, Magellan Jets is rolling out new pricing for its pay-as-you-go memberships, and some prices are coming down

Boston-based jet card broker Magellan Jets is revising hourly rates for its pay-as-you-go memberships, effective June 1. And while the majority of prices are going up, some are decreasing.

Winter weather? These jet cards include deicing in their hourly rates

private jet being de-iced

If you fly from winter weather to winter weather, deicing charges can add up. Some jet cards include deicing in your hourly rate – and they aren’t necessarily more expensive

It’s not even summer, yet. But it will soon be winter, and if that means winter weather. And that means your private jet may need deicing. Deicing can cost from under $1,000 to as much as $10,000 per incidence. The cost varies by the size of your airplane and airport rules, plus what type of fluid and how much is being used.

These jet card programs will let you cancel with 12 hours notice or less

Jet card cancelation penalties

Last-minute cancelations can be expensive, wiping out savings you thought you had achieved. These jet cards allow you to cancel without penalty with 12 hours notice – or less

One question I ask subscribers I talk with is whether or not they are likely to make changes or cancel within 24 hours of their scheduled flight time. In these times, it’s more likely than ever you might need to switch things up.

While providers generally try to work with customers, your contract sets the cancelation terms. If you cancel inside the deadline, you can well lose your entire charter amount, so possibly tens of thousands of dollars. Losing $25,000 for a single cancelation is like adding $1,000 per hour to the effective rate of a 25-hour jet card. Do it twice, and it’s adding $2,000 per hour. You may quickly wonder if you bought the right jet card!

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