Charter & Fractional
JetASAP: Hourly Air Charter Flight Prices Rose in June
Aircraft Charter Marketplace JetASAP Reports That Hourly Prices Increased in June
Embraer Phenom 300 taking off
The light jet charter segment saw the largest increase in pricing between May and June according to the latest monthly report from online charter marketplace JetASAP. (Photo: Barry Ambrose)

In its just-released monthly hourly cost report, online jet charter marketplace JetASAP reported that aircraft charter rates increased on average by 4 percent month-over-month in June. The flight booking platform noted that the light jet segment experienced the largest increase in billable flight hour pricing, rising by 6 percent to an average of $7,236 per hour.

Midsize and large-cabin jets each increased by 5 percent month-over-month, averaging hourly rates of $8,176 and $13,336, respectively. Super-midsize jets saw a 4 percent boost to $11,068 per hour, while turboprops logged the smallest improvement at 2 percent to an average of $4,280.

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