NEW YORK, Nov. 21, 2017 /PRNewswire/ — When shopping for a private jet card, many people focus on hourly rate, as in which program has the lowest price? While the rate you find in a brochure is important, that’s really just the starting point. Does the quoted hourly rate include the 7.5% Federal Excise Tax? Is there a CPI escalator? Are there fuel surcharges? Is de-icing included? What about catering? Are there cleaning charges for bringing pets? Are there roundtrip discounts, which can shave up to 40% off your hourly rate? Another place jet card shoppers often forget to compare is Peak Days, where there are big variances between the programs, both in terms of lead time to make your reservations, cancellation policies and surcharges, which can rise as high as 40%. Over a year, you can easily spend $30,000 to $50,000 more than you need to by not doing the research before you buy.
At Private Jet Card Comparisons, we are often asked, “What’s the best jet card program?”
With the holidays upon us, let’s look at Peak Days, which are designed to cover high demand periods when the inventory of planes is under pressure. In terms of jet card membership programs, the number of designated peak days varies from under 10 to as many as 58 days. It’s one reason smart buyers map out their expected travel plans before they buy. The spreadsheets available for Private Jet Card Comparisons subscribers include not only the number of peak days but also the specific dates in each program making it easy for users to figure out how many of their flights will be during those periods.
Peak days also mean longer lead-times to reserve private flights. Whereas programs typically require between eight and 24 hours for reservations, during Peak Days it varies from 24 hours to seven days. Cancellation of flights international flights also varies during Peak Days.
When it comes to hourly rates, some programs don’t have Peak Day surcharges while others can range as high as 40%. For eight hours of peak flying at an $8,000 hourly rate, a 10% surcharge means $6,400 in extra charges.
So where to start? Look at the actual peak dates for the programs and match them against your projected flying. The more detailed you can be the better. It will save you money and guide you to programs where you can have the most favorable rates and least restrictive policies for the majority of your flights. From there, you can figure out how many of your flights it will be impacted and decide about how flexible you want to be. After that, you can figure out the programs that will fit your needs the best. The $250 subscription to Private Jet Card Comparisons allows users to download the spreadsheets covering over 100 programs saving time and money.
Private Jet Card Comparisons is an independent buyer’s guide analyzing programs from Air Partner, Airstream Jets, Clay Lacy Aviation, Concord Private Jet, Delta Private Jets, Ecojets, ExpertJet, Flexjet, Jet Aviation, Jet Linx, JetSet Group, JetSuite, Magellan Jets, Marquis Jet, NetJets, Nicholas Air, Paramount Business Jets, Private Jet Services Group, PrivateFly, Prive Jets, Sentient Jet, Silverhawk Aviation, Solairus, Star Jets International, StraightLine Private Air, VistaJet, Wheels Up, Wholesale Jet Club, and XOJET.
About Private Jet Card Comparisons
Private Jet Card Comparisons is the brainchild of journalist Doug Gollan, Editor of DG Amazing Experiences, a weekly luxury travel e-newsletter for private jet owners. He has been quoted as an expert of UHNW lifestyle habits by The New York Times, The Wall Street Journal, Barron’s Bloomberg, Luxury Daily, WWD, NBC Nightly News, FOX Business and others. To register for access, please visit: https://privatejetcardcomparisons.com/register-for-access/.
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