Wheels Up, Jet Linx, and XO: Comparing the private jet sharing options

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.

Wheels Up adds capped hourly rate, guaranteed availability Super Midsize jets

The new program follows its light jet program introduced earlier this year.

When Wheels Up’s Kenny Dichter told Squawk Box on CNBC in January that it was working on strategic initiatives, common wisdom in the industry was the founder and CEO was following a similar move by XOJET in 2018, which ultimately led to its acquisition by Vista Global and merger with JetSmarter.

It hasn’t turned out that way.

Weeks later came Connect, a new entry-level membership, priced at $2,995 designed to increase the addressable mark of customers who want to share flights to save costs.