Private jet card and membership prices remained flat in the third quarter, up a mere 0.3 percent from the second quarter at an average hourly rate of $11,055, according to Private Jet Card Comparisons (PJCC) research. That increase narrowed further to 0.1 percent at $11,339 per hour when turboprops are excluded, PJCC noted. PJCC estimates are based on its database of more than 80 providers and 900 programs and count rates for occupied hours, including repositioning costs.
"While [air charter] demand is off its peak of 2021/22, and more providers have jumped back into the market after stopping their jet card and membership programs, published prices are holding steady," said PJCC founder and editor-in-chief Doug Gollan. He added that prices fell 5.2 percent in the first quarter and 1.3 percent in the second quarter before inching into the positive side at 0.3 percent.
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