The world’s largest private jet operator is updating its Marquis Jet and Elite jet card memberships in response to declining fuel prices and the COVID-19 Coronavirus pandemic
NetJets is eliminating fuel surcharges on its Marquis jet card programs and moving to inclusive pricing. At the same time, it is reducing the inclusive pricing on its Elite branded jet cards.
The move was not publicly announced but is instead being communicated directly to customers and prospects.
The program is JetSuite’s response to interest in short-term solutions for fixed-rate, guaranteed availability jet cards
With the Covid-19 Coronavirus pandemic causing airlines to slash flights and routes, more and more people are finding the need to turn to private aviation, at least for the moment.
Add JetSuite to the latest provider reducing the entry points for its guaranteed availability, fixed-rate charter product.
Association of private jet brokers IADA reports 54 used aircraft transactions so far in March despite the Covid-19 Coronavirus crisis
Members of the International Aircraft Dealers Association (IADA) said members completed 54 transactions between for the month as of March 20th. Additionally, there are over 120 aircraft, under contract, subject to closing.
The news comes as the Covid-19 Coronavirus pandemic is playing havoc on the world stock markets with demand for travel in general plummeting.
The world’s largest private jet operator has released a summary of both precautions it is taking as well as current travel restrictions
As more and more airlines cut back on their flight schedules due to government restrictions and plummeting demand, NetJets and other private aviation providers continue to offer critical links in these challenging times.
In an update posted yesterday on its website, the world’s largest private jet operator wrote, “The COVID-19 pandemic has created a constantly changing landscape at NetJets. We will continue to issue operational updates as they become available, but we wanted to take a moment to provide reassurance that we are taking all necessary precautions to mitigate the spread of the virus and continue to keep our owners and our employees safe.”
The new-member offer reduces hourly rates on its Embraer Phenom 300 fleet to $5,795 during the first six months
JetSuite, which last year added five Embraer Phenom 300s, is now offering new members in seven Southwestern U.S. states significantly reduced hourly rates as low as $5,795, which is up to 15% off normal pricing.
Regular program rates range from $6,375 to $6,776 per hour, excluding 7.5% FET, based on deposit tiers ranging from $100,000 to $500,000.