The number of new jet card providers and programs has grown more than 20% in just the past three years
Over the past three years, there are at least seven new private jet card providers that have entered the market, either start-ups or existing aviation companies that have launched jet card programs. Additionally, there are at least three or four programs soon to be launched we are aware of and getting ready to fill you in on the details.
The Canadian private jet charter broker is bringing a fixed markup model to its Jet Card
Canada-based upstart Jettly is bringing its fixed pricing markup model of private jet charter to the Jet Card segment. It follows Wholesale Jet Club last year as well as Paramount Business Jets, which both sell Jet Cards using a fixed markup over operator pricing. U.K.-based Victor has said it will launch a deposit product in the U.S. early this year. In the case of Jettly and Wholesale Jet Club, the programs also include a monthly or annual fee in addition to the fixed markup.
Jet Card Membership Programs provide users convenience when they fly privately, but finding the true hourly rate you will be paying often takes a bit of work
You ask your assistant to go to a few private jet card membership websites and check out the hourly rates. She follows your instructions and puts them in a comparison chart for you. That was easy! Then you join. You get your first invoice, and shock, the prices you are paying have nothing to do with the rates on the website. It reminds you of that $29 per day car rental that ended up costing you $79.
Wholesale Jet Club features memberships with a straight 3.5% markup from operator pricing
Wholesale Jet Club is a sister company of JetSet Group, both started by former Blue Star Jets executive Steven S. Orfali, however, they each have different business models, JetSet Group being a more typical broker program while Wholesale Jet Club provides both jet cards with guaranteed pricing and wholesale on-demand jet charter.
Private Jet Card Comparisons (PJCC) has added three more jet card providers to its independent guide to private jet card and prepaid block charter program providers.