Other trends include the pilot shortage, struggle of on-demand brokers to offer instant, guaranteed pricing, and desires of jet card buyers for high-touch, high-level service
While a shortage of pilots in business aviation has been pushing up crew salaries by as much as 20%, buyers of jet cards and on-demand charter can look forward to continued favorable pricing, according to executives attending Corporate Jet Investor’s annual Dealmakers Conference being held this week at the Fontainebleau Miami Beach.
The jet card provider is offering $5,000 in flight credits and a $1,000 Neiman Marcus gift card in addition to a philanthropic tie-in with No Kid Hungry
Jet card broker Sentient Jet is planning several promotions valid through the end of the year that combine discounts, gift cards and philanthropy. The offers run through the end of the year.
The charter and dynamic-pricing jet card provider updated its most popular destinations, pricing, aircraft types and other metrics
PrivateFly, which in September was acquired by Directional Aviation (owner of Flexjet, Sentient, Skyjet and Nextant Aviation among others), has published its latest quarterly review of trends in the on-demand charter market, at least based on its customers. Among the highlights – which covered July through September, travel to the Adirondacks made its most popular destinations for the first time while the Cessna Citation Mustang emerged as the favorite aircraft. Adam Twidell, the CEO said clients chose to book ahead of time to secure their summer travel plans with 25% of flights booked at least 30 days before departure. August 4th was the single busiest day for flights, with Fridays busy all quarter.
The jet card broker continues to have a major focus on sponsorships around world-class horse racing
Directional Aviation’s Sentient Jet said today it will continue as the Official Private Aviation Partner of the 35th running of the Breeders’ Cup World Championships. The Breeders’ Cup administers the Breeders’ Cup World Championships, Thoroughbred racing’s year-end Championships. The Breeders’ Cup also administers the Breeders’ Cup Challenge qualifying series, which provides automatic starting positions into the Championships races. The 2018 Breeders’ Cup World Championships, consisting of 14 races (13 Grade 1 events) with purses and awards totaling more than $30 million, will be held November 2-3 at Churchill Downs in Louisville, Ky., and will be televised live by the NBC Sports Group.
Over the past two years, the Cleveland-based subsidiary of Directional Aviation has purchased U.K.-based operator Flairjet and jet card and on-demand charter broker PrivateFly
One thing is for sure. Flexjet is growing internationally and Europe is a key focus. Speaking to Guy Johnson and Vonnie Quinn on Bloomberg Markets: European Close on October 12th Flexjet CEO Michael Silvestro noted that Brexit isn’t dampening the Cleveland-based fractional share, lease and jet card provider’s outlook on Europe.