Charter & Fractional
PJCC Sees Softening in Jet Card Hourly Pricing
Jet card hourly prices were down 8.5 percent in Q4 2023
Gulfstream G500 (Photo: Gulfstream Aerospace)
Jet card hourly rates for large aircraft dipped the least in the fourth quarter of 2023 but by the most among jets in the ultra-long-range category. © (Photo: Gulfstream Aerospace)

Prices for hourly jet cards dipped by 8.5 percent year-over-year in the fourth quarter of 2023 but are still up by 21.4 percent over pre-pandemic levels, according to Private Jet Card Comparisons (PJCC). At the same time, the percentage of subscribers negotiating free flight hours increased by 39 percent, while those who received extra flight credits increased by 67 percent. In addition, PJCC reported, “There was also a big increase in subscribers who negotiated rate lock extensions.”

PJCC based its data on North American jet card and membership programs with guaranteed availability and fixed or capped hourly rates.

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