Shared private jet charters offer big savings. Are they ready to take off? An in-depth comparison of the three major shared flight providers.
Jet Linx says last year it flew 40,000 empty seats; XO says it has sold over 160,000 single seats on shared flights
Sharing half of your flights between New York and South Florida during the winter could save as much as $75,000
Restrictions in jet sharing may mean it’s not right for you
Can you fly for the same price as first-class with the airlines?
Everyone wants to fly privately, says Kenny Dichter, the CEO and co-founder of Wheels Up. And the idea is the cheaper it is to fly privately, the more people who will do it. Dichter says that was his idea using the eight-seat King Air 350i to “democratize” short flight.
In the world of chartering your entire aircraft, he cut the price for a one-hour flight for eight people to around $5,000 compared to a cost of $8,000 to $10,000 for the same trip on a jet. His argument was that there was a minimal time penalty since landings and takeoffs are not at full speed, and often as you get near to your destination airport, airplanes are slowed down to similar speeds.
Collins Aviation’s LuxStream connectivity services will be fitted across Vista Global’s fleet of 116 long-range large cabin and super-midsize private jets
LuxStream promises 25 megabits per second across the US; 15 megabits per second globally
Calling it a “game-changing development for Vista Global members’
in-flight experience” and “unprecedented,” Vista Global today said it is the
launch partner for LuxStream from Collins Aerospace Systems.
In a press release, Vista Global promises the partnership will “provide private aviation customers with the fastest broadband speeds available.” It called the move “a further demonstration of Vista Global bringing the latest and most innovative technology to market and driving radical technological change across the private aviation industry.”
After the June merger of JetSmarter and XOJET, the new FlyXO.com has been tweaking the jet sharing part of its offering
Vista Global is continuing to put its stamp on its XO brand since merging JetSmarter and XOJET at the beginning of the summer. First, it added JetSmarter’s jet sharing functionality to the former XOJET dynamic jet card pricing memberships.
The move meant that XO Select and Signature memberships could all of a sudden share seats on flights they had booked with their deposits. Elite members who get fixed rates can’t share seats on those flights, but otherwise, get all the perks a JetSmarter member received.
XO also tweaked Select Access and non-member options. In essence, there are two versions of Select Access. But the big news is non-members can now book seats on at least some empty legs.
A dozen lawsuits brought by unhappy members have recently been referred to arbitration in separate actions
Ellen Leesfield, the arbitrator overseeing the class action settlement between JetSmarter and its members, approved the agreement on July 11, 2019. The next step will take place on Aug. 22 when a judge in Miami-Dade County will need to decide whether or not to confirm the arbitrator’s decision.
In her ruling, Leesfield, a former judge, overruled several objections writing, “Plaintiffs and the class faced a multitude of serious, substantive defenses, any one of which could have precluded or drastically reduced prospects of recovery.” She also noted JetSmarter has “consistently denied liability and indicated an intention to vigorously pursue its potential defenses.”
As of June 27, settlement administrators received 1,567 claim forms and 101 requests for exclusion. Previous reports had indicated close to 12,000 current or former members of the jet sharing service could be eligible.
Cash payments are expected to range between $250 and $21,000 with nearly $3 million to be split between the class and a similar amount going to the lawyers who represented the plaintiffs.
The fast-growing private jet management company is giving its aircraft owners as well as jet card customers the option to buy and sell extra seats on their flights
The Jet Linx base model with 18 locations provides a unique advantage giving it critical mass in the markets it serves, says its CEO Jamie Walker
Last year there were over 40,000 empty seats on flights operated by Jet Linx for the owners of the private jets it manages and the members of its jet card program. Now the fast-growing Omaha-based private aviation provider is enabling both aircraft owners and card customers the ability to sell seats within its customer network.
OpenSeat Exchange private jet seat sharing
OpenSeat Exchange is available on its updated mobile app
being launched today.