“Very weak” private jet charters expected to see “some improvement” in the second quarter
U.K.-based Air Partner offered its third COVID-19 Coronavirus update this morning with news of a £6m profit before tax covering February, March, and April, its fiscal first quarter.
On the news, its stock (LON: AIR) was trading at GBX 49.40 midday in London, down from its 52-week high GBX 102.90, but up considerably from a low last month of just GBX 15.33.
Among the many differences between flying privately and commercially are the rules that govern one-way and roundtrip fares
One regular comment I get from subscribers is that there is
a lot of jargon and lingo specific to jet cards and on-demand charter. In some
ways one-way pricing may be among the most straightforward, but that’s only
because roundtrip is confusing.
Of the more than 65 variables that separate the over 250 jet card programs tracked by Private Jet Card Comparisons, guaranteed availability and fixed one-way pricing are two of the most important to understand
Each week I have the opportunity to help out Private Jet Card Comparisons’ subscribers identify the jet card programs that best fit their needs. It can be a big investment, ranging from $50,000 to over $500,000 annually. To help me help them, I ask that they fill out our brief VVIP Jet Card Decider form which asks them a bit about their planned private travel, including basics such as where they are going, when, how long they are going for, how many people they are traveling with, will there be pets or unaccompanied minors, do they need WiFi, if there is any oversize luggage, are they interested in turboprop solutions, and preferences for specific aircraft types.
Air Charter Services, Jetlogic and JetSuite are the most recent additions to the over three dozen providers that sell jet cards with both fixed rates and guaranteed availability
Private Jet Card Comparisons has identified over 65 variables between the over 40 jet card providers and 250 programs we track, and while some points are not important to everyone, each variable can impact the programs that best fit your needs. That said, some variables are universally important, two of the biggest ones being guaranteed availability and a fixed one-way hourly rate.