The time to talk to your broker, operator or jet card provider about COVID-19 related cancellations is before you sign the contract
One problem in life is most consumers don’t read the fine print in contracts they sign until there’s a problem. That was a key point from panelists, including a private jet charter operator, a major charter broker, and executives of the National Air Transportation Association (NATA), during a webinar yesterday.
If flying privately makes travel safer and easier, figuring out private jet rental pricing can be confusing. We explain some of the variations
You want to charter a private jet from New York to Aspen and you want a large-cabin aircraft. A Gulfstream GIV or something similar sounds nice. You want the lowest price, and you notice checking around there is a big variance. Quotes for GIV and G450 types vary by as much as $25,000! You see other large-cabin jets with prices for much less, and then you see prices double your Gulfstream quotes.
The jet card broker is following the trend to attract new fliers by lowering the price of entry
A year after relaunching its jet card program under the Elevate brand, Boston-based Magellan Jets is doing away with the name, keeping many of the good changes, and seemingly adding more. It’s also launching two pay-as-you-go membership options.
The Chapter 7 Trustee for Zetta Jet alleges the glitzy private jet charter operator was in a constant state of financial distress from the start
The Trustee is seeking to claw back over $450 million from more than a dozen entities
If it sounds too good to be true, it might be too good to be true. While failed Zetta Jet marketed a champagne and caviar image, it apparently was charging Red Lobster prices and moved from financial crisis to crisis from its inception, despite portraying itself as being well-capitalized.
Its website at the time said the private jet charter operator offered “pure indulgence,” combining “Asian inspired service, European chic, and American can do.” It promised, “At Zetta Jet, no desire is too extravagant and no request too difficult.”