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?
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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%.
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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.
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The jet card broker is following the trend to attract new fliers by lowering the price of entry
A year after relaunching its jet card program under the Elevate brand, Boston-based Magellan Jets is doing away with the name, keeping many of the good changes, and seemingly adding more. It’s also launching two pay-as-you-go membership options.
Continue reading “Magellan Jets adds pay-as-you-go options, fine-tunes jet card offering”