Jet cards often provide more flexibility to roll over unused hours from year to year. Heavy Jets will accommodate up to fifteen passengers in complete luxury. Side by side comparison of the leading jet card programs in North America. Competing jet card programs can cost six … The deployment cost for the Citation XLS is $3450 per hour plus the costs of fuel minus $1.60/gallon. How does the provider source the aircraft and what are their standards for sourcing those planes? © 2021 Forbes Media LLC. You may opt-out by. They go as low as $25,000, although $100,000 or more is standard. Some of them include fuel, some of them add fuel surcharges (ie costs above a fixed allowance per gallon), some include Federal Excise Tax and others don't. While a number of programs that have peak days don’t have a surcharge – just longer lead times for reservations and cancellations – surcharges run as high as 40%, although they are more typically 5-to-20%. While only a few programs have them, they can range from $1,000 to around $20,000 annually. A program that has the same 60-minute minimum but charges taxi time added to the minimums would cost you $9,600 for the same flight. Companies that offer private jet cards and memberships; Jet cards compared by feature; Private Jet Performance. Use the table below to make your own comparisons of the providers and aircraft that you're looking at. Here's an example of actual prices and services for three of the leading jet card providers in light jets. That said, in talking to jet card users on a daily basis, I expect card programs will continue to grow in popularity. Card Types. The amount lost to depreciation will be $1,375,000 during the term. Read more: Sentient Sees $450m in Jet Card Sales in 2020 There are two broad types: 1. While jet cards continue to grow in popularity because they are easy to use, there are lots of variables that impact which jet card programs best fit your flying needs. Some jet card programs will refund your unused deposit, meaning if your flying needs change suddenly, you can get out fast. You'll also find a Deal Book, cataloging M&A activity and launches by key players. Effortlessly and instantly generate the flight cost for any trip with the DISTANCE CARD app. This cost extends all the way up to $374,900 to buy into their Heavy Jet Card. What are the policies covering cancellations? Another item to ask about is the reservation period for "Peak Days" - the busiest travel days of the year. And while generally speaking, jet cards start at between 10 and 25 hours and entry-level jet card program deposits range from $50,000 to $150,000, remember the … Compare Light Jet Cards: NetJets: Air Partner: Sentient Jet: Aircraft: Phenom 300: Light : Light : Hours: 25: 25: 25: Response Time (hrs) 10: 12: 10: Quoted Price: $178,000: $132,500: $147,275: Fuel Fees: Inc. Inc. Inc. Fuel Surcharge: Add: Inc: Inc. FET: Add: Inc: Inc. In 2000 I started Elite Traveler, a consumer lifestyle magazine distributed globally aboard private jets, where I was President and Editor-in-Chief until 2014. Figuring out how much your flights will actually cost. The great benefit is that they lock in a fixed hourly rate for a given type of aircraft. The large jet card companies all quote their prices in slightly different ways. Neither plan gives you choice over which jet you will be in like the Marquis Jet Card or if you can stomach the Netjets Cost. If you want to make a head-to-head pricing comparison, divide the annual membership fee by … If you are wondering why hourly rates can often be misleading when trying to figure out how much a flight will actually cost, here’s why. For more private aviation and news on jet cards, private aviation memberships, and fractional ownership, visit Private Jet Card Comparisons' news updates. Do they offer an escrow account to protect your deposit? So again, that $4,500 hourly rate we discussed earlier, if it did include FET, but came with a fuel surcharge, could be more than the $5,000 hourly rate that doesn’t have fuel surcharges. Simplify Your Private Travel - Our Jet Card was designed to simplify your private travel needs. I write about private aviation and the business of luxury travel. A Marquis Mid-Size will cost $207,900 for a 25 hour card. Yet one more factor that can make simply comparing hourly rates misleading is membership fees. What it means is if that $4,500 hourly rate did not include the tax and the $5,000 rate did, the difference would be only $162.50 instead of $500. The subscription fee is set at $250. How far in advance do you need to make reservations? If you are flying from Chicago to Aspen every other weekend during the winter, it can really add up, so is something to think about. There are also various discounts for booking early, making qualifying roundtrips and longer flights which can dramatically impact your price, and make a program that is seemingly more expensive actually cheaper when it comes to what you will pay. The most expensive 25 Hour Card is their Heavy Jet Card that is priced at $328,750. Heavy Private Jet Comparison. A private jet card is a card which allows you to fly in private jets for pre-arranged rates which are agreed upon when you take out the card. While only a handful of providers have them, if you divide a $15,000 membership charge across 25 hours of annual flying, you really need to add an extra $600 to the hourly rate if you want a true apple to apple comparison. Jet card providers vary from large publicly trade companies such as Berkshire Hathaways' NetJets,... [+] General Dynamics' Jet Aviation and Delta Air Lines' Delta Private Jets to large privately held companies including VistaJet and XOJET of Vista Global, Wheels Up, Directional Aviation's Flexjet, Sentient Jet, Skyjet and PrivateFly to boutique brokers with under 10 employees.

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