JetHub Private Jet Charter Blog

What is a Jet Card and Why is it Replacing Fractional Jet Ownership?

As most people familiar with the aviation industry know, fractional jet ownership programs are steadily on the decline. This is because fractional jet ownerships are inefficient and a bad investment. The other reason is because they are being pushed out by the future of private jet travel for frequent fliers: jet cards.

Jet Card 2.0
A jet card is a prepaid debit card that is bought in 25-hour increments. Participants in jet card programs can book a flight on a jet anytime, anywhere, with very little advance notice. Even more convenient, clients have already paid so they don't have to take the time to go to the bank, wire the money and sign the paperwork.


What really makes jet card programs so desirable? Fixed rates. It costs the same amount per hour to fly from Seattle to Houston as it does from Los Angeles to New York, or anywhere else. For clients that fly to multiple destinations in the US regularly, this can mean huge savings, sometimes thousands of dollars. It also means being reassured that the fee is always the same - no surprises. Programs like the Jet Card 2.0TM program from JetHub take it one step farther by including fuel in the hourly rate. Many private jet charter companies use fuel as a way to make extra money on flights, sometimes charging clients up to $10,000 per year in inflated fuel costs.


In sum, a jet card program is:


• A smarter financial investment than fractional jet ownership - no inflation, no depreciation of assets, and planes are always available when clients need them. No blackout days.
• Cheaper than booking flight-by-flight for long trips. A fixed hourly rate saves bi-coastal travelers (think Los Angeles-New York) thousands of dollars per year.
• Money saved on fuel costs. With fuel built into the price, there are no surprise costs outside of what was already paid.
• No surprises and no waiting. Clients pay in advance and fly whenever they want, wherever they want, without any hassle.

 

Now is an especially good time to purchase a jet card. JetHub, a private jet charter company based in Arizona, is offering a promotional special on the Jet Card 2.0TM. Buy 25 hours and get 5 hours free with your first purchase. Save over $21,000!


Topics: JetCard 2.0 private aviation industry fractional jet ownership private jet travel

Fractional Jet Ownership Declining for Private Jet Industry

 

Fractional Jet Ownership

 

Fractional jet ownership has been a popular mode of affordable private jet travel since its inception in the mid-80s. Recently, however, smart travelers are making the switch to private jet charter services for their travel needs. While both options afford the benefits of time-savings, flexibility, luxury, and convenience, private jet charter is a more reasonable and usually more convenient alternative.


More people are now realizing that fractional jet ownership is one of the most costly ways to enjoy the luxury of traveling about in a private jet without buying one outright. Although not as expensive as jet ownership, partial jet ownership still passes along the cost of owning, operating, and maintaining a jet aircraft along to its owners. Partial owners are charged whether or not they fly, and many owners for one jet can create a nightmare of conflicts, especially on common traveling holidays like Thanksgiving. In these instances, some partial jet owners end up on private jet charter flights anyway due to a lack of capacity in the partially owned fleet. This introduces unnecessary hassle and overhead, and makes fractional jet companies less efficient and less able to handle the needs of passengers.


When travelers are in a position where they need or prefer a private jet for their air travel, the typical 5-year minimum commitments for partial ownership and minimum number of flight hours are off-putting to some. Private jet charter is quickly becoming the preferred method of aviation for those looking for convenience, reliability, and money savings without being locked into a specific aircraft. Private jet passengers want to be able to specify when, where, and how they travel without being locked into a particular aircraft and without having to work around others' schedules, and the private jet charter industry is an affordable option to cater to these passengers' specific needs.

Topics: private jet charter private aviation industry fractional jet ownership