Buying a jet card or a prepaid private aviation program has many benefits, mainly not having to go to the bazaar everytime you fly as you would with on-demand charter where you have to not only compare prices, but the standards for the planes and pilots being sourced, repositioning fees, and extras such as de-icing in the winter. With most jet card programs, it also means getting guaranteed availability if you book within a contracted lead time, 24/7 customer support and service recovery.
VistaJet is planning to abolish ferry flight fees for new Program customers globally as it extends the waiver to South America and Australia. An announcement is expected next week during EBACE in Geneva.
Several private jet operators are saying the possible laptop ban for transatlantic flights is unlikely to spur much incremental business. One-way flights between the U.S. and Europe to charter an entire plane runs $60,000 to $100,000.
VistaJet says it is targeting frequent Ultra High Net Worth (UHNW) customers and corporations with its new WeChat sales platform to make bookings on its global fleet. Customers can now make bookings from the smartphones.
Bombardier Business Aircraft opened the Bombardier Tianjin Service Centre on April 7 in China. The Montreal-based manufacturer in a press release said it “has had the largest fleet of any business aircraft manufacturer in the region for the last 12 years.” Bombardier aircraft are popular in the fleets of various private jet card and prepaid private jet charter programs, including VistaJet, Netjets, XOJET, Zetta Jet and Flexjet as examples.
Forbes is continuing its series looking at the variety of private jet card solutions by taking a step back and asking, why bother? Do jet cards even make sense?
While private jet card users often spend between $100,000 and $500,000 per year, a report from Business Jet Traveler shows most program decisions are made without much consideration. Only 3% of private jet card buyers use a consultant. Over 90% make their decisions based on finding a supplier online, an experience with a friend, or the recommendation of a friend. Yet the needs of each private jet user is different.