Despite the hike in charter costs, fixed-rate jet membership programs still offer lower prices than on-demand private jet rentals
Jet card fixed/capped rate private jet charter prices continue to go up. The lead time to book is increasing, and there are more restrictive peak days. However, an analysis by Private Jet Card Comparisons shows private jet membership programs with fixed/capped hourly rates still aren’t keeping up with higher prices for on-demand charters.
Private jet capacity, pricing, labor, consolidation, demand, investment, new jet owners, offer challenges and opportunities for private aviation providers
Over 450 industry CEOs and leaders gathered last week in Miami for Corporate Jet Investor. For two days they hashed about issues relevant to the overall industry, with a large focus on private jet travelers who fly via jet cards, memberships, and charter.
Is the current record level of demand here to stay? Where will the industry find the capacity to meet that demand? Is more consolidation coming? How many big players are there left to buy? What is Amazonian pricing? When will the supply chain improve? Where have all the pilots – and line workers gone? Are they coming back? How will all the outside investment impact private aviation? What about on-time performance? What type of changes will you see to your jet card program? With dwindling supply, are small brokers on life support?
These private jet cards are the cheapest way to make flights of 35 minutes or less
So you want to find the lowest price to fly by private jet? With all the recent program changes, we’ve run the numbers from the Private Jet Card Comparisons’ database (Update 107 for 2021) of over 50 jet card providers to give you the cheapest flight costs for short flights, from light jet to large-cabin aircraft. You can also compare jet card pricing to on-demand charter quotes.
Private jet charter flights and private jet at second-home market airports continue to surge, according to WingX, Tuvoli
Private aviation charter flights in North America are up 10% year-to-date compared to 2019 – and 50% against covid-impacted 2020, according to WingX. In addition, airports in Florida are up 40% in June, compared to 2019.