PrivateFly recommends the best airports to use and gives you some on-demand charter quotes so you can budget your trips
Earlier this week Amazon announced their second headquarters location will be split between Long Island City in Queens, New York, Crystal City in Arlington, Virginia and Nashville, Tennessee. If you do business with the online retailer of everything, jet card and charter broker PrivateFly ran some numbers so you can budget those private jet flights for your future meetings.
Jet card and on-demand charter broker Air Charter Service says the move comes as it looks to the next stage of its expansion
Following the launch of its Empyrean Jet Card recently, Air Charter Service said it has snagged former PrivateFly chairman George Rolls to serve as director, private jets. Speaking on the announcement, ACS’s CEO, Justin Bowman, said, “We are looking towards facilitating the next five years of growth – to do this we will be expanding not only our global network but also managing significant investment in technology and, potentially, new acquisitions of complementary businesses. George’s profile, contacts and extensive understanding of our industry will greatly enhance our experienced team.”
Once you buy a jet card, flying is as easy as one call or even booking online, but figuring out jet card pricing is another matter
The number of jet card providers has more than doubled over the past decade in part because jet card memberships are an easier way to access the charter market. Via fractional jet card programs and owned fleet operators, you can get a consistent experience flying the same aircraft type in like configurations previously only available via committing to five-year share contracts or owning your own aircraft. It’s no longer one size fits all with programs that start at five hours and ranging up to 100 hours. And it’s not just fixed one-way rates, but now there are now jet cards that use dynamic pricing. There are even programs where you can get both a fixed one-way rate with guaranteed availability and dynamic pricing where with the goal of beating your fixed rate, so in other words, your fixed rate is a ceiling price – you won’t go higher and you might go lower.
There are over 40 jet card providers offering more than 250 programs, and there are some significant differences and not just in price
In this article, I want to explain the differences in how aircraft for various jet card programs are sourced. Of the subscribers to Private Jet Card Comparisons, I estimate about 75% are flying via on-demand charter, but after getting tired of the work it takes for each trip to compare quotes, quality of providers and varying charter terms, they are seeking an easier solution but don’t necessarily want the long-term commitment of leases and fractional shares, hence jet cards. The benefit of jet card programs is once you choose the right program, arranging your flight is generally one phone call or can even be handled online or through an app. Of course, finding the right provider and program takes a bit of work. We’ve identified over 65 places that the card programs vary, which depending on your flying needs can be critical or incidental.
Farmingdale, Long Island-based Ventura Air is making a case that you don’t need to fly 400 hours per year to own your own private jet
It used to be there was a fairly standard way to look at private aviation solutions. If you were flying under 25 hours per year, an on-demand charter was the way to go. Jet cards were for 25 to 50-hour fliers, while those between 50 hours and 400 hours you were in the red zone for fractional ownership and leasing. Only if you or your company needed over 400 private flight hours per year would full ownership make sense.