Charter & Fractional
Charter Rates Level Off in August, JetAsap Finds
Charter rates see small dips and increases, aircraft dependent
Family chartering an aircraft
Large aircraft charter rates were up by just a percentage point in August, while other aircraft categories saw declines, JetAsap reported. (Photo: AdobeStock)

On-demand charter hourly rates have leveled off, remaining relatively flat overall month-over-month in August, according to charter marketplace JetAsap.

Based on direct quotes through its platform, JetAsap has found that turboprop rates in August dipped 2 percent, to $4,326 per billable flight hour, and light jet prices ebbed 3 percent, to $7,243 per hour. Midsize jet rates also declined by 4 percent, to $8,131.

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