The jet card provider is expanding its push on jet sharing via a partnership with WSJ+
Subscribers to the Wall Street Journal’s WSJ+ are being offered a $1,000 flight credit with the purchase of a Wheels Up Connect Membership for $2,995. Wheels Up introduced the new entry-level price point earlier this year to increase the pool of members who want to share flights with its existing base who charter flights using fixed one-way rates and guaranteed availability.
The new NetJets jet cards give it a true light jet and another coast-to-coast option
Private Jet Comparisons has exclusively confirmed NetJets has added the Embraer Phenom 300 light jet (as we reported it would last year) and Cessna Citation Sovereign super-midsize jet to its jet card line-up, although at just over 30,000 pounds maximum takeoff weight it is classifying it as a midsize aircraft.
Both will be sold as Elite Card programs, meaning 24-hour lead-time for reservations with the hourly price including fuel, 7.5% Federal Excise Tax, and deicing. Peak day lead-time is 120 hours with a 25% surcharge.
The company sells on-demand charter and jet cards
Jet card and on-demand broker Air Charter Service said that in the first half of its financial year the company saw an increase in private jet bookings from its UK office of 8%. This is compared to industry-wide WingX statistics showing that private jet flights into and out of the UK were down by 5.4% over the same six months.
In a press release, Andy Christie, Air Charter Service’s Global Director of Private Jets, said, “We had a very good first half of the year, considering the market is in decline, with more than 1,300 private jet charter flights arranged just from our London HQ over the six month period. The increase of 8% is even more impressive when you take into consideration WingX’s figures for the UK and when compared to the worldwide industry as a whole, which has grown by just 2%.”
In a busy summer, Jet Linx recently joined Wheels Up and XO in adding a jet sharing option for members
Private jet management and jet card providers Jet Linx has
added Medjet, a provider of global air medical transport for travelers, as the
newest partner to join its Elevated Lifestyle client benefits program.
The Elevated Lifestyle program offers Jet Linx members
access to a portfolio of international partners spanning a multitude of
industries, including health and wellness, wine and spirits, travel and
fashion, who in turn provide specialty rewards, services and access to Jet Linx
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.