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.
Jet membership average hourly rates for light jets increased 8.3% to $6,978 while turboprops spiked 24.6% to $5,982 per hour
Guaranteed availability jet cards and memberships with fixed or capped rates increased prices by 5.6% during the past three months.
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.
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?