Kerry Lynch stepped into the role of editor of the&nbsp;Aviation International News&nbsp;monthly magazine in May 2022 after serving with&nbsp;AIN&nbsp;for eight years. She joined&nbsp;AIN&nbsp;in December 2014 as a senior editor covering Washington and business aviation news. She has also served on Convention News teams, including as editor of&nbsp;HAI Convention News. Lynch previously spent 25 years with Aviation Week. During her time there, she reported for and later steered&nbsp;The Weekly of Business Aviation, oversaw business aviation content on the&nbsp;Aviation Week Intelligence Network, served on the&nbsp;Show News&nbsp;staff, and held roles as the Washington columnist for&nbsp;Business &amp; Commercial Aviation&nbsp;and&nbsp;Overhaul &amp; Maintenance&nbsp;monthly magazines. In 2021 she was honored with the National Business Aviation Association Platinum Wing Award for lifetime achievement in journalism and was the 2004 recipient of the National Air Transportation Association’s Aviation Journalism Excellence Award. She also has been a recipient of an Aerospace Media Award for business aviation (2022) and NBAA Gold Wing Award (2003, 2024). Lynch graduated from The Ohio State University with a bachelor of arts in journalism.

Editor, AIN monthly magazine

Kerry Lynch

Private jet card hourly rates ticked up by 2.8% year over year (YOY) in the fourth quarter even while softening by 0.5% from the third quarter, according to the latest report from Private Jet Card Comparisons (PJCC). In addition, the average hourly rate for fixed/capped-rate jet cards with guaranteed availability was 23.8% higher than pre-Covid fourth-quarter 2019 prices.
According to PJCC, hourly jet card rates averaged $11,052 at the end of 2024, down by $50 per hour from the third quarter. Rates include the 7.5% federal excise tax.
Minimum flying time charged increased from 86.1 minutes in the third quarter to 86.7 minutes in the most recent quarter. Even so, these minimums are in line with the 2019 average of 86.2 minutes. At the same time, peak days dropped from 47.5 days at the end of 2023 to 44.6 days at the end of 2024. That is still well above the 22.8 average in the fourth quarter of 2019.
“While general economy and airline pricing data for FY 2024 is not yet available to compare, the increase in jet card pricing is largely in line with overall air travel, which between 2019 and 2023 increased by 25.3%, according to the U.S. Department of Transportation,” said Doug Gollan, editor-in-chief and president of PJCC.
However, Gollan added that flight providers are not necessarily seeing an increase in profits despite the increased prices. “They face higher pilot salaries, maintenance technician salaries, training costs, supply chain price increases, and shortages of parts and maintenance availability that keep airplanes on the ground longer, meaning less revenue per unit.”
PJCC provides comparisons of more than 80 providers and 500 jet card, membership, and fractional programs. Paid subscribers can look at more than 65 factors when comparing programs.

News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.

PJCC: Private Jet Card Hourly Rates Inch Up Again

Fixed/capped jet cards averaged a 2.8% increase YOY

Fixed/capped jet card hourly rates averaged $11,052 at the end of the fourth quarter, a 2.8% increase YOY.

PJCC: Jet Card Hourly Rates Inch Up Again

2024 Corporate Aviation Leadership Summit

Charles Alcock

News and developments about airplanes, helicopters and unmanned air vehicles used in all varieties of operations, including airlines, military, business, commercial, general aviation and private.

News and issues relating to business, corporate and private aviation, primarily regarding turbine-engine-powered airplanes and helicopters. Subjects include aircraft, engines, maintenance, operations, personnel, acquisitions, accidents, safety, security, and training.

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News about bills, laws, regulations and other governmental decisions affecting aviation and aerospace. Topics include FAA re-authorizations, taxes on fuel and aviation activities, environmental legislation, ICAO decisions, governmental mediation of labor conflicts and World Trade Organization disputes and decisions.

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