Private jet cost and cabin comfort are taking a backseat to COVID-19. Coronavirus related health and safety concerns now top of the list of passenger priorities, according to new research presented by JetNet IQ. The industry has benefited from research showing less exposure risk on private jets compared to the airlines. Operators of private jets have been proactive in rolling out COVID protocols.
Transactions of used private jets for sale are expected to rebound in 2021 after dipping due to COVID-19
Pre-owned private jet sales will dip to 1,617 units this year as the industry struggles with the challenges of the impact of COVID-19 on the selling process. Last year, there were 1,839 transactions of pre-owned aircraft, according to an annual market survey by Jetcraft.
Don’t believe articles that technology is lowering private jet prices. Promises of cheap private jet travel are often based on misleading press releases and a lack of knowledge
Promises of cheap private jet flights invoking Uber analogies and claiming technology breakthroughs that lower charter costs are common themes of uninformed coverage. The articles are wrong. Apps don’t impact how much you will pay. In fact, most online pricing tools for private jets don’t even give you hard quotes. They are simply tools to capture your contact information so sales reps can follow-up.
Much of the charter rates you see online are estimates. And for every slick app, you’ll find if you aren’t familiar with the industry’s ins and outs, it’s easy to make big mistakes when buying private flights. With COVID-19 causing more consumers to shop for private aviation options, if you are serious, buyer beware.
Private jet charter customers now have a way to compare their flight charter quotes against jet card pricing on a flight-by-flight basis
Private jet rentals typically entail going out to two, three, or four of your favorite brokers and ask them to quote the trip.