Omaha, Nebraska-based Jet Linx has 1,300 clients and 90 airplanes and is expanding its private jet program to more of the country using what it describes as an Airbnb model.
While the main benefit of owning a private jet is saving time and better access to more airports compared to flying commercially, privacy and confidentiality are important as well. However, a report by The New York Times shows that for the Super Rich, tracking their movements from jets to superyachts is easier than one might think.
Temporary flight restrictions at Palm Beach International Airport during visits by President Donald J. Trump to his Mar-a-Lago “Winter White House” are causing private jets to shift operations to Boca Raton Airport, 25 miles to the south, with weekends when the President is in the Sunshine State seeing 400 movements, double the norm.
If you are looking for ways to burn some of your private jet card hours, officials in Wyoming are expecting a surge in private aviation arrivals this August for prime eclipse viewing.
JetSmarter has long intrigued the industry as to whether or not it has a sustainable business model. While some memberships start under $10,000, others range over $40,000 meaning members potentially put their money at risk when they sign-up. The offer of free shared shuttle flights on private jets and free empty legs means for many people who can’t afford private jet cards or on-demand private charter, JetSmarter is a cost affordable way to avoid commercial airports. The offer is enticing when one compares an entire year of free flying based on as little as $10,000 to hourly charter rates of $4,000 to $18,000 per hour!
But is JetSmarter too good to be true?