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?
JetSmarter has made splashy headlines in the private aviation space. It’s been called the Uber of private jets. It claims to be a Unicorn, a privately held company with a valuation of over $1 billion. On the surface, it seems like a great deal.
Wheels Up, best know for its fleet of King Air 350i, will be leveraging the aircraft type with operations in and out of Daniel Field, about 10 minutes from Augusta National, home of The Masters. The company is projecting a 45% increase in flights over last year, in the neighborhood of 200 movements.
If you are going to The Masters being held April 6-9, 2017 in Augusta, Georgia, you will want to check with your private jet card provider about additional fees.