Jet card

A Jet Card is a private aviation that enables holders to use various different aircraft at agreed-upon fixed hourly rates. Jet cards are offered by fractional operators, large and small fleet operators and charter brokers.[1] On a jet card's pros list is convenience: Users don't have to exchange contracts or make payments each time they arrange a flight.[2] In addition to convenience, jet cards work much like debit cards and offer a high degree of flexibility. [3]

Traditional Jet Card programs are prepaid hours of occupied flight time on a given aircraft or size of aircraft.[1] 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. [4]

Notable Jet Card providers include Delta Private Jets, Flight Options, Airstream Jets, Marquis Jet (NetJets), Sentient, Jetsuite and Flexjet.[5][6]

The benefits of a jet card versus on-demand charter depends on the type of trip the user is taking. A same-day roundtrip will usually be more cost-effective via on-demand charter. A longer trip where the plane needs to return to its base between when the passenger arrives at their destination and returns is usually more effective with a jet card, as most jet cards don't charge ferry fees, the cost of positioning the plane for revenue flights. [7]

History

The term “jet card” was devised to create a marketing product for what equates to block on-demand charter.[8]

Developments

Two companies are varying from hours and dollars approach. Kansas City-based Executive AirShare is offering a jet card program that is based around selling days instead of hours while Airstream Jets is doing it by miles. Executive AirShare's Embark cards are denominated on a by-the-day basis.[9]

In 2015, Boca Raton, Florida based Airstream Jets introduced its Distance Card, which bases its pricing on total miles flown rather than hours.[10][11]


Jet Card companies

See also


References

  1. 1 2 "Jet Card Guide". Sherpareport.com. Retrieved 2017-04-28.
  2. ↑ "Do you want a Jet Card to ride?". reuters.com. 2012-10-26. Retrieved 2017-04-28.
  3. ↑ "The Best Private Jet Cards". barrons.com. 2017-07-17. Retrieved 2017-07-17.
  4. ↑ "PRIVATE JET CARD COMPARISONS-Know before you buy frequently asked questions". privatejetcardcomparisons.com. Retrieved 2017-04-28.
  5. ↑ "Notable Jet Card Providers". bjtonline.com. 2014-08-14. Retrieved 2015-10-13.
  6. ↑ "Part 3: Who's Who In Private Jet Cards And Prepaid Private Jet Charter". forbes.com. 2017-04-12. Retrieved 2017-04-28.
  7. ↑ https://privatejetcardcomparisons.com/2017/07/01/when-is-private-jet-charter-better-than-buying-a-jet-card/#more-5023
  8. ↑ "The_Definitive_Guide_to_Supplemental_Lift" (PDF). NBAA.org. 2011-10-11. Retrieved 2015-10-09.
  9. ↑ "Two New Ways To Buy Private Jet Cards". forbes.com. 2017-06-02. Retrieved 2017-06-20.
  10. ↑ "Airstream Jets offers new jet card concept based on miles, not hours". traveldailynews.com. 2015-07-17. Retrieved 2017-04-28.
  11. ↑ "Jet Card". airstreamjets.com. 2015-10-14. Retrieved 2017-04-28.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.