The private aviation definition of a roundtrip is different than commercial airlines, but you can find discounts as high as 40%
When buying a jet card we always say it pays to do some homework upfront from a multitude of reasons. Some of it involves kicking the tires of the providers, comparing their standards for sourcing airplanes and flight crew, assessing who they are, how long they’ve been around and so forth. However, in making the best decision it really helps if you can as best possible map out the trips you expect to be taking, and yes, how many people are traveling, but also how long each trip is and if it includes multiple stops, the time between each flight segment.
If you assume that all jet card programs are similar, you are making a mistake. Here are some common misperceptions.
In a decade where private jet flying has had to gradually climb back to pre-2008 recession levels and delivery of new aircraft has yet to reach those historic heights, the number of jet card providers has more than doubled. Why? Jet cards provide an experience as close as you can get to whole or fractional aircraft ownership without the same financial or long-term commitment. It’s also easier than on-demand charter where each time you are comparing aircraft served up by your broker and then having to worry about ferry fees and if you are making late plans, wiring money, particularly on holidays.
While private aviation has struggled to get back to pre-Recession levels, the number of companies selling Jet Cards has doubled
Since the Great Recession of 2008 private aviation has struggled. Flight hours dropped significantly and now just a decade later are returning to levels equal to before the financial meltdown. Orders and deliveries of new private jets still haven’t recovered, yet one area of private aviation has been growings – Jet Card Memberships.
The Jet Card start-up is focused on turboprops, pistons, very light and light jets
Pushed by what founder and CEO Tom Filippini says is strong demand in its first year of operations, Denver-based jet card seller StraightLine Private Air is making a few changes to its programs, including adding a $200,000 tier. Filippini, who didn’t want to disclose the number of members, says interest in the company is based on its somewhat different approach. The provider has also joined the fray with an end of the year offer: Join by December 31 and receive a 5% bonus up to $10,000.
In a busy year, XOJET has revamped its jet card program, opened a new sales office in Palm Beach, expanded lifestyle partnerships and continued fleet refurbishments
XOJET announced heightened investments in safety, flight standards and training as a response to a surge in business during 2017. In a press released, the company said it has appointed Daniel Ramirez, formerly at Embraer Aircraft Corporation, as its new director of safety. It said driven by a 13% increase in new membership programs under its newly-minted XOJET Access Solutions, which launched earlier this year, the company has doubled the size and reach of its Flight Standards Department and executed the on-demand private aviation industry’s first Line Operations Safety Assessment (LOSA). XOJET is the first Part 135 operator to conduct this rigorous program, which strengthens the company’s already robust set of safety protocols.