Charter & Fractional
JetASAP: Charter Pricing Down in April with Larger Business Jets
Average billable hourly pricing for turboprop charters increased but all others were flat or down in April
Average billable hour rates for charters in turboprops increased to $4,610 through the JetASAP app in April.
Average billable hour rates for charters in turboprops increased to $4,610 through the JetASAP app in April.

Online private charter marketplace JetASAP is reporting mixed results on charter pricing with turboprop billable flight hours increasing and super midsize and heavy jets sliding last month.

According to JetASAP, the average billable flight hour last month for turboprops increased by 5%, to $4,610, and remained flat at $8,626 for midsize jets from March. However, the average billable flight hours dipped by 2% month-over-month for light jets, to $6,895; -4% for super midsize jets, to $9,525; and -2% for heavy jets, to $12,991. For heavy jets, that showing represents a 12% drop since February.

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