Charter & Fractional
Online Charter Marketplace Sees Hourly Rates Dip
Between February and March, large-cabin jet charter prices experienced the biggest decline

Private aircraft charter rates dropped by 5% year-over-year in the first quarter, according to online charter marketplace JetASAP’s latest activity report. Quarter-over-quarter, hourly rates were down an average of 7% this year.

While pricing for turboprops and light jets remained stable between February and March at $4,373 and $7,020 per hour, respectively, average pricing for midsize jets declined by 2%, to $8,672, followed by super-midsize at -3% ($9,930), and heavy jets at -10 percent ($13,208).

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