If you live private jets, a Once Bitten, Twice Shy cautious optimism is tempered by the continued Driving Miss Daisy problem, perhaps a realization that life is a Bruce Springsteen song with a tinge of Ellie Goulding and Fleetwood Mac
One of the highlights of each National Business Aviation Business (NBAA) Aviation Convention & Exhibition is the JetNet iQ State of the Market Briefing which provides insights into both industry data and results from its quarterly surveys with business jet operators.
Once you buy a jet card, flying is as easy as one call or even booking online, but figuring out jet card pricing is another matter
The number of jet card providers has more than doubled over the past decade in part because jet card memberships are an easier way to access the charter market. Via fractional jet card programs and owned fleet operators, you can get a consistent experience flying the same aircraft type in like configurations previously only available via committing to five-year share contracts or owning your own aircraft. It’s no longer one size fits all with programs that start at five hours and ranging up to 100 hours. And it’s not just fixed one-way rates, but now there are now jet cards that use dynamic pricing. There are even programs where you can get both a fixed one-way rate with guaranteed availability and dynamic pricing where with the goal of beating your fixed rate, so in other words, your fixed rate is a ceiling price – you won’t go higher and you might go lower.
The Delaware-based company is expanding beyond parts and maintenance, growing its charter operations via ownership and management, and ramping up its Santos Jet Card program alongside its ProspAir Jet Charter brokerage cards
In the world of private aviation, Dumont Group is best known for parts and maintenance, often buying used aircraft for components that can be used as replacements. That has been changing for a while and will be even more so – in a big way. As the company expands its aircraft management, it is becoming a well-sized charter operator owning and operating aircraft as well as operating and managing aircraft for owners, some who use the jets exclusively for themselves and others who allow Dumont to sell charter trips on them.
The first and only mileage based jet card has a number of interesting features beyond its unique mileage-based approach
If the founder of Airstream Jets, Peter Maestrales, had made it to the major leagues, there may never have been a mileage-based jet card. Happily, as he was winding down an eight-year professional baseball career that saw him play in the Olympics he decided to return to his other passion, private aviation, following in the footsteps of his father. In this Jet Card Insider, we give you a detailed look at the company’s two card programs, including their strengths and weaknesses. To read the full Jet Card Insider report click here.
The highest GDP countries in the world won’t necessarily see a boost in private jet fleets
While conventional wisdom and other data have always shown a correlation between GDP growth and opportunities for business aviation fleet growth, other factors such as culture, infrastructure, and government regulations are currently holding back gains in countries which are currently seeing the highest growth rates.