FlyExclusive, Solairus, Airshare, Nicholas Air gain on Top 135/91K operators list
NetJets, Flexjet, Wheels Up, Vista Global, and Jet Linx continue in the top 5 spots as FlyExclusive jumps from #8 to #6
Analyzing the latest data from Argus TraqPak from the first six months of 2021, there is no change in ranking the five largest private jet providers.
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!
Private jet fractional ownership continues to be dominated by NetJets and Flexjet
Argus TRAQPak’s annual business review of private jet fractional ownership operators in North America shows from the handful of players, NetJets and Flexjet continue to dominate. Together, the top two players control 85.8% of the market based on flight hours.
While Bombardier is ending production of the iconic Learjet, there are hundreds in the charter fleet, and these two companies offer the type in jet card format
Goodbye Learjet. Popularized by Frank Sinatra, James Brown, and Arnold Palmer, private jet’s popularity has been on the decline for more than a decade.