Knowledge

Jet card

Source đź“ť

201: 114:
The term "jet card" was devised to create a marketing product for what equates to block on-demand charter. Jet cards were created as a way to offer flight time to private aviation users flying up to 50 hours per year. Rather than purchasing a whole aircraft or investing in fractional ownership, a jet
58:
product that enables holders to use different aircraft at agreed-upon fixed hourly rates. Jet cards are offered by large and small fleet operators and charter brokers. There are as many as 65 variables between jet card companies, according to Private Jet Card Comparisons, a buyer's guide to jet card
183:
Jets by the seat—offers individual seats on private jets for certain routes after paying an annual membership. The seats can come from empty leg/re-positioning legs and/or shuttle flights which are scheduled private jet shuttles. Additional fees often apply for these seats. Some jet card sellers
177:, offer prepaid hours of occupied flight time, sold in the form of a sublease of a fractional jet share. Operators such as FlexJet give fractional jet owners the ability to sell unused flight hours in the form of fractional jet cards, with prepaid hours ranging from five to 50 hours. 142:
Jet cards have evolved from the original card in 1997 which simply made charter pricing more consistent by guaranteeing fixed hourly rates to membership programs which offer free or discounted empty leg/re-positioning leg flights and individual seats on private jet shuttles.
62:
Traditional jet card programs are prepaid hours of occupied flight time on a given aircraft or size of aircraft. Some programs include not only jets, but turboprops. The term "jet card" can also refer to prepaid private jet charter programs that have similar attributes.
150:
The standard charter-based jet card—the most common type of jet card offered by charter brokers and operators. Customers pre-purchase hours or place money on account which is deducted at fixed hourly rates. Flights are sourced through the existing charter
187:
Custom jet cards—launched in 2018 by several providers, custom jet cards create programs tailored to individual customers, including standards for sourcing aircraft, lead-time for making reservations, service area and hourly or fixed segment
157:
Dynamic priced jet cards—customers place a deposit on account and receive options based on market availability. Customers may select specific aircraft and are not committed to a fleet or required to use their deposit within any specific time
110:
and Flight Options. The attraction to fractional ownership and ultimately the jet card was the consistency in pricing over charter and the reduced complexity of owning a jet, which were the only other options prior to NetJets.
161:
Capped rate—a development from always paying a fixed hourly rate, customers are still protected with a maximum hourly rate but retain the ability to get lower rates dependent on market availability and notice
184:
offer additional options to sell or purchase open seats on prepaid flights. This type of flight-sharing can be more cost-effective when not all seats are occupied on a private jet.
395: 180:
Owned fleet jet cards—jets are configured similarly to increase quality and consistency. The fleet is backed up using the existing charter fleet during peak travel periods.
91: 716: 691: 631: 592: 553: 514: 465: 344: 420: 154:
Mileage-based pricing jet card—pricing based on distance as opposed to time. Mileage-based pricing is transparent and quantifiable.
83: 567:
Trop, Michael Verdon,Rachel Ingram,Rohit Jaggi,Jaclyn; Verdon, Michael; Ingram, Rachel; Jaggi, Rohit; Trop, Jaclyn (2022-06-15).
370: 106:. The jet card was developed in response to the highly popular fractional ownership programs of the time offered by 219: 607: 568: 529: 490: 278: 528:
Jaggi, Michael Verdon,Daniel Bachmann,Rohit; Verdon, Michael; Bachmann, Daniel; Jaggi, Rohit (2021-06-23).
323: 752: 115:
card can be a cost-effective option for frequent leisure travellers or users of business aviation.
102:
The first jet card was created in 1997 by the founder of Sentient Jet, a charter broker located in
444: 747: 103: 166: 8: 608:"The Best in Aviation: From Eviation's All-Electric Aircraft to Nobu's Inflight Cuisine" 666: 625: 586: 547: 508: 257: 55: 569:"The Best in Aviation, From Dassault's Ultra-Long-Range Jet to a Flying 'AirCar'" 206: 75: 491:"From Innovative Business Jets to Electric VTOLs: The Best Things in Aviation" 741: 692:"Private Jet Companies Are Taking On More Single-Seat Charters. Here's Why" 489:
Finfrock, Michael Verdon,Rob; Verdon, Michael; Finfrock, Rob (2020-06-15).
234: 645: 606:
Wasef, Michael Verdon,Basem; Verdon, Michael; Wasef, Basem (2023-06-14).
396:"These Private Jet Cards Offer Fixed Pricing And Guaranteed Availability" 224: 214: 71: 345:"Part 3: Who's Who In Private Jet Cards And Prepaid Private Jet Charter" 146:
Here are some examples of the varying types of jet cards offered today:
717:"Custom Jet Cards Are The Hot New Fashion Trend In Private Jet Travel" 67: 299: 130:
Robb Report Best of the Best Aviation 2022: FlyExclusive's Jet Club
16:
Product allowing people to use private jets on an hour-by-hour basis
229: 530:"The Best in Aviation, From Flying Cars to High-Concept Interiors" 174: 170: 107: 87: 79: 133:
Robb Report Best of the Best Aviation 2023: Volato Stretch Card
127:
Robb Report Best of the Best Aviation 2021: Magellan Explorer
646:"Distance Card - Jet Card featuring distance-based pricing" 527: 169:
jet card—fractional jet cards, such as those offered by
488: 566: 371:"What's The Future For Jet Cards In 2021 And Beyond?" 252: 250: 196: 247: 739: 605: 124:Robb Report Best of the Best Aviation 2020: XO 66:Notable jet card providers include Jet Linx, 630:: CS1 maint: multiple names: authors list ( 591:: CS1 maint: multiple names: authors list ( 552:: CS1 maint: multiple names: authors list ( 513:: CS1 maint: multiple names: authors list ( 466:"The_Definitive_Guide_to_Supplemental_Lift" 740: 714: 689: 418: 97: 13: 393: 368: 292: 118: 14: 764: 715:Gollan, Doug (December 4, 2018). 279:"Do you want a Jet Card to ride?" 137: 220:Fractional ownership of aircraft 199: 708: 683: 659: 648:. airstreamjets.com. 2018-01-05 638: 599: 560: 521: 482: 458: 445:"The Evolution of the Jet Card" 690:Verdon, Michael (2022-03-20). 437: 412: 387: 362: 337: 316: 300:"Private Jet Card by GlobeAir" 271: 1: 240: 324:"Notable Jet Card Providers" 7: 326:. bjtonline.com. 2014-08-14 192: 10: 769: 419:Bean, Larry (2017-11-21). 421:"Give The Gift of Flight" 281:. reuters.com. 2012-10-26 92:Luxury Aircraft Solutions 40: 32: 24: 447:. PriJet.com. 2018-03-29 74:, Air Charter Service, 667:"Fractional Jet Cards" 471:. NBAA.org. 2011-10-11 104:Quincy, Massachusetts 167:fractional ownership 21: 260:. Sherpareport.com 19: 48: 47: 760: 753:General aviation 732: 731: 729: 727: 712: 706: 705: 703: 702: 687: 681: 680: 678: 677: 663: 657: 656: 654: 653: 642: 636: 635: 629: 621: 619: 618: 603: 597: 596: 590: 582: 580: 579: 564: 558: 557: 551: 543: 541: 540: 525: 519: 518: 512: 504: 502: 501: 486: 480: 479: 477: 476: 470: 462: 456: 455: 453: 452: 441: 435: 434: 432: 431: 416: 410: 409: 407: 406: 391: 385: 384: 382: 381: 366: 360: 359: 357: 356: 341: 335: 334: 332: 331: 320: 314: 313: 311: 310: 296: 290: 289: 287: 286: 275: 269: 268: 266: 265: 258:"Jet Card Guide" 254: 209: 204: 203: 202: 98:Jet card history 56:private aviation 28:Private aviation 22: 18: 768: 767: 763: 762: 761: 759: 758: 757: 738: 737: 736: 735: 725: 723: 713: 709: 700: 698: 688: 684: 675: 673: 665: 664: 660: 651: 649: 644: 643: 639: 623: 622: 616: 614: 604: 600: 584: 583: 577: 575: 565: 561: 545: 544: 538: 536: 526: 522: 506: 505: 499: 497: 487: 483: 474: 472: 468: 464: 463: 459: 450: 448: 443: 442: 438: 429: 427: 417: 413: 404: 402: 392: 388: 379: 377: 367: 363: 354: 352: 343: 342: 338: 329: 327: 322: 321: 317: 308: 306: 298: 297: 293: 284: 282: 277: 276: 272: 263: 261: 256: 255: 248: 243: 207:Aviation portal 205: 200: 198: 195: 140: 121: 119:Jet card awards 100: 78:, Marquis Jet ( 17: 12: 11: 5: 766: 756: 755: 750: 748:Civil aviation 734: 733: 707: 682: 658: 637: 598: 559: 520: 481: 457: 436: 411: 394:Gollan, Doug. 386: 369:Gollan, Doug. 361: 336: 315: 291: 270: 245: 244: 242: 239: 238: 237: 232: 227: 222: 217: 211: 210: 194: 191: 190: 189: 185: 181: 178: 163: 159: 155: 152: 139: 138:Jet card types 136: 135: 134: 131: 128: 125: 120: 117: 99: 96: 76:Airstream Jets 46: 45: 42: 38: 37: 34: 30: 29: 26: 15: 9: 6: 4: 3: 2: 765: 754: 751: 749: 746: 745: 743: 722: 718: 711: 697: 693: 686: 672: 668: 662: 647: 641: 633: 627: 613: 609: 602: 594: 588: 574: 570: 563: 555: 549: 535: 531: 524: 516: 510: 496: 492: 485: 467: 461: 446: 440: 426: 422: 415: 401: 397: 390: 376: 372: 365: 350: 346: 340: 325: 319: 305: 301: 295: 280: 274: 259: 253: 251: 246: 236: 233: 231: 228: 226: 223: 221: 218: 216: 213: 212: 208: 197: 186: 182: 179: 176: 172: 168: 164: 160: 156: 153: 149: 148: 147: 144: 132: 129: 126: 123: 122: 116: 112: 109: 105: 95: 93: 89: 85: 81: 77: 73: 69: 64: 60: 57: 53: 43: 39: 35: 31: 27: 23: 724:. Retrieved 720: 710: 699:. Retrieved 695: 685: 674:. Retrieved 671:SherpaReport 670: 661: 650:. Retrieved 640: 615:. Retrieved 611: 601: 576:. Retrieved 572: 562: 537:. Retrieved 533: 523: 498:. Retrieved 494: 484: 473:. Retrieved 460: 449:. Retrieved 439: 428:. Retrieved 424: 414: 403:. Retrieved 399: 389: 378:. Retrieved 374: 364: 353:. Retrieved 351:. 2017-04-12 348: 339: 328:. Retrieved 318: 307:. Retrieved 303: 294: 283:. Retrieved 273: 262:. Retrieved 235:Business jet 145: 141: 113: 101: 65: 61: 51: 49: 36:Sentient Jet 696:Robb Report 612:Robb Report 573:Robb Report 534:Robb Report 495:Robb Report 425:Robb Report 225:Air charter 215:Private jet 72:Air Partner 742:Categories 721:forbes.com 701:2022-05-16 676:2022-05-16 652:2020-01-29 617:2023-07-17 578:2023-07-17 539:2023-07-17 500:2023-07-17 475:2015-10-09 451:2015-08-10 430:2022-05-13 405:2018-08-28 380:2022-05-13 355:2017-04-28 349:forbes.com 330:2015-10-13 309:2021-07-08 285:2017-04-28 264:2017-04-28 241:References 59:programs. 68:Wheels Up 41:Inception 626:cite web 587:cite web 548:cite web 509:cite web 304:GlobeAir 230:Air taxi 193:See also 188:pricing. 52:jet card 33:Inventor 20:Jet card 726:May 17, 175:FlexJet 171:NetJets 151:market. 108:NetJets 88:Flexjet 80:NetJets 400:Forbes 375:Forbes 162:given. 158:frame. 90:, and 84:Volato 469:(PDF) 54:is a 728:2022 632:link 593:link 554:link 515:link 165:The 44:1997 25:Type 173:or 82:), 744:: 719:. 694:. 669:. 628:}} 624:{{ 610:. 589:}} 585:{{ 571:. 550:}} 546:{{ 532:. 511:}} 507:{{ 493:. 423:. 398:. 373:. 347:. 302:. 249:^ 94:. 86:, 70:, 50:A 730:. 704:. 679:. 655:. 634:) 620:. 595:) 581:. 556:) 542:. 517:) 503:. 478:. 454:. 433:. 408:. 383:. 358:. 333:. 312:. 288:. 267:.

Index

private aviation
Wheels Up
Air Partner
Airstream Jets
NetJets
Volato
Flexjet
Luxury Aircraft Solutions
Quincy, Massachusetts
NetJets
fractional ownership
NetJets
FlexJet
Aviation portal
Private jet
Fractional ownership of aircraft
Air charter
Air taxi
Business jet


"Jet Card Guide"
"Do you want a Jet Card to ride?"
"Private Jet Card by GlobeAir"
"Notable Jet Card Providers"
"Part 3: Who's Who In Private Jet Cards And Prepaid Private Jet Charter"
"What's The Future For Jet Cards In 2021 And Beyond?"
"These Private Jet Cards Offer Fixed Pricing And Guaranteed Availability"
"Give The Gift of Flight"
"The Evolution of the Jet Card"

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.

↑