Private Jet Card, Membership Prices Continue To Climb | Aviation International News

Charter & Fractional

Private Jet Card, Membership Prices Continue To Climb

Prices for fixed and capped hourly rate jet cards and memberships increased 4.9 percent in the final three months of 2022.

Private jets on airport ramp at Kahului Airport in Maui, Hawaii — Prices for fixed and capped hourly rate jet cards and memberships increased 4.9 percent in the final three months of 2022. (Photo: Forest & Kim Starr, CC BY 3.0 US, via Wikimedia Commons)

By Chad Trautvetter • Online Editor

January 9, 2023

Fixed and capped hourly rate jet cards and memberships increased 4.9 percent quarter-over-quarter, according to private aviation services buyer’s guide Private Jet Card Comparisons. The average hourly price climbed to $11,748 across all categories in the fourth quarter, capping a 21 percent rise for all of last year.

However, the company said, “There is light at the end of the tunnel.” It cited daily minimum charges decreasing to 94.7 minutes in the fourth quarter, down from a high of 109.3 minutes in the second quarter. While this is higher than the pre-Covid low of 86.2 minutes in fourth-quarter 2019, the result was the cost of shorter flights dropped by 8.8 percent late last year.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background. The rest of this article continues for AIN Members with the full report, analysis and background.

Broker ONEflight Pauses Charter Sales Activity

Jet card buyers might not have any recompense for their investments

Charter & Fractional

ONEflight International

FlyExclusive Ribbon-cutting Set for Raleigh Headquarters

Ceremony scheduled for September 30 at 5 p.m.

Charter & Fractional

FlyExclusive Raleigh office

Charter Operators Navigate Europe’s Summer Slot Scramble

As a manic Mediterranean peak season ends, European charter demand remains robust

Charter & Fractional

Pushback vehicle prepares to move white business jet on apron

NW Missouri Aero Group Acquires ATD Flight Systems

Founder’s daughter remains part of ownership group

Charter & Fractional

In-house maintenance and detailing crew prepare two of the aircraft for a late-night departure.

Court Denies Review Petition for Nicholas Air Pilot Case

Complaint centered on raising issues in briefs to preserve them

Charter & Fractional

NZ CAA Approves Navair for Unlimited Charter Access

Previous limits made it difficult to book flights across the Tasman Sea, which lies between Australia and New Zealand

Charter & Fractional

Navair

Luxaviation Meets Charter Demand for New Destinations

Social media helping drive demand for new experiences as Middle East market still weak

Charter & Fractional

Luxaviation Challenger 604

Gama Aviation Sues over Loss of Air Ambulance Contract

Northern Ireland-based 247 Aviation is set to take over air ambulance work

Charter & Fractional

Gama Aviation air ambulance