PrivateFly recommends the best airports to use and gives you some on-demand charter quotes so you can budget your trips
Earlier this week Amazon announced their second headquarters location will be split between Long Island City in Queens, New York, Crystal City in Arlington, Virginia and Nashville, Tennessee. If you do business with the online retailer of everything, jet card and charter broker PrivateFly ran some numbers so you can budget those private jet flights for your future meetings.
Other trends include the pilot shortage, struggle of on-demand brokers to offer instant, guaranteed pricing, and desires of jet card buyers for high-touch, high-level service
While a shortage of pilots in business aviation has been pushing up crew salaries by as much as 20%, buyers of jet cards and on-demand charter can look forward to continued favorable pricing, according to executives attending Corporate Jet Investor’s annual Dealmakers Conference being held this week at the Fontainebleau Miami Beach.
If money is not an object, you can choose between full and fractional ownership, jet cards or on-demand charter
Having bought my Mega Millions tickets last night, and then checking that my lump sum payout would have been nearly $700 million after taxes, of course, I started to think about what would be the best private aviation solution for my needs. And that’s the most important advice I can give anyone who is shopping for new or used aircraft, fractional shares, and leases, jet cards or just thinking about chartering. There isn’t a one size fits all solution, so writing out where you anticipate flying, with how many people and when is a good start. My second point is perhaps 50% of private aviation users have at least two solutions so don’t fret, you may not find one provider that meets all of your needs.
Dallas, Texas-based on-demand charter broker Vault Aviation is launching a new jet card concept that combines the guarantees of a traditional jet card program with the elements of on-demand charter
Officially launched yesterday, the Vault MAX Jet Card offers fixed hourly rates on light, midsize, super midsize and heavy cabin jets for flights in the continental United States. According to a press release announcing the new program, “When able, Vault will offer MAX Jet Card clients an On Demand rate that is below their fixed hourly rate maximum.” U.K.-based Air Charter Service launched a similar jet card earlier this year where your contracted fixed rate serves as a ceiling.
The pay-as-you-go jet card provider plans to introduce a new membership tier targeting lower frequency private air travelers in 2019
After helping develop the 25 hours per year private jet traveler with Marquis Jet Partners before selling it to NetJets, and then launching Wheels Up in 2013 with a pay-as-you-go model attractive to folks who fly under 25 hours per year, Wheels Up CEO Kenny Dichter says his next goal is to bring a branded, high-quality offering to people who fly under 10 hours per year.