The Canadian private jet charter broker is bringing a fixed markup model to its Jet Card
Canada-based upstart Jettly is bringing its fixed pricing markup model of private jet charter to the Jet Card segment. It follows Wholesale Jet Club last year as well as Paramount Business Jets, which both sell Jet Cards using a fixed markup over operator pricing. U.K.-based Victor has said it will launch a deposit product in the U.S. early this year. In the case of Jettly and Wholesale Jet Club, the programs also include a monthly or annual fee in addition to the fixed markup.
Jet Card Membership Programs provide users convenience when they fly privately, but finding the true hourly rate you will be paying often takes a bit of work
You ask your assistant to go to a few private jet card membership websites and check out the hourly rates. She follows your instructions and puts them in a comparison chart for you. That was easy! Then you join. You get your first invoice, and shock, the prices you are paying have nothing to do with the rates on the website. It reminds you of that $29 per day car rental that ended up costing you $79.
Paramount Business Jets is headed by Richard Zaher, a former pilot and graduate of Embry-Riddle Aeronautical University with a Bachelors of Science in Aerospace Studies, and minors in Flight Safety and Psychology. He has more than two decades experience in the aviation and serves as the Chairman of Air Charter Association of North America (ACANA). In 2012, Zaher received the Embry-Riddle Eagle Excellence Award.