Nearly 20% of Private Jet Card Comparisons’ have experienced service letdowns in the past several months, according to a new survey
Let’s start with the good news. When you fly privately, you don’t have to worry about fisticuffs or surly flight attendants. You avoid snaking TSA lines, and increasingly crowded terminals. You use more convenient airports, saving time. On the other hand, 20% of subscribers to Private Jet Card Comparisons experienced service lapses in recent months. The letdowns come as private flying has soared to record levels.
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.
The Private Jet Company CEO Dan Jennings says a shortage of private jets available for charter during peak periods will push private jet rental costs higher
Dan Jennings, the CEO of whole aircraft broker Private Jet Company, says increased demand for private jet charter – on-demand and through jet cards – could push up pricing by up to 20%.
With record demand, will private jet travel become more expensive? Jet card hourly prices are up 5.8% to 8.7% from December
The recent announcement by market leader NetJets it is raising jet card rates between 2% and 8% raises the question, will others follow suit?