DrakxQueen3iv
26.05.2021 7:30:50
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Jet Card – The jet card program, designed for those who are flying fewer than 25 hours a year, will be able to purchase in 25-hour increments. This program allows you the freedom to fly when you choose with guaranteed access to either the Phenom 300 or Challenger 300. As per the fine print, additional charges may apply on high-volume days.
For example, if you wanted to join the Fractional, which offers an actual share of the aircraft in question, a large sum of money is required up front, as much as $500,000 to $1 million or even more, according to the Men’s Journal, plus monthly management, crew staffing and other related administrative costs. This upfront fee will greatly depend on the type of aircraft you want to reserve as the larger the aircraft is, the higher the value will be, essentially increase your upfront costs. This fee, however, only includes the upfront fee and will not include the additional hourly time to fly in the form of a debit card, which is often purchased in 25- and 50-hour increments is said to be in the $125,000 to $350,000+ range. Of course, once you fly your allotted hours, you will have to renew each time. more
Lease – The lease program is designed for those who also fly 50+ hours a year and will have similar terms the Fractional plan; however, the key difference is that you will not own a fraction of the aircraft. The lease program jet fleet, as of today, includes the Phenom 300, Legacy 450, Challenger 350, Learjet 75LXi, Challenger 300 and Gulfstream G450.
These fees, like the fractional program, will greatly depend on the aircraft you want to fly as the larger the aircraft is, the more you potentially have to pay for the jet card. For example, 25 hours of flying on a the eight-passenger Challenger 300 could cost $210,000, according to the Wall Street Journal. [links]
Aside from the fractional membership, other options exist, such as a lease or a jet card, which, if you consider this option, you will not own a share of the jet; rather, you will just pay for the hourly increment cards to fly on the private fleet. Taking the numbers from the prior bullet point, a lease or jet card won’t require a large upfront payment, but instead, you should be prepared to spend anywhere from $125,000 to $350,000+ to fly 25 to 50 hours on the private jet and about $250,000 here
FlexJet offers private charter service, operating and owning its own fleet.
The primary service area is pretty standard. It is the Continental United States; the Bahamas; Northern Mexico north of the 23rd Parallel plus Cabo San Lucas; any other point up to 225 statute miles outside the contiguous United States. Secondary Service Area: Bermuda; the Greater, Lesser and Netherlands Antilles; Central America; the balance of Mexico, the Caribbean, and Canada (except where access is restricted) that is not included within the Primary Service Area. [links]
Flexjet’s Phenom 300 card is $162,000 while the Challenger 300 is $249,000 for 25 hours, including Federal Excise Tax (FET). Jet card holders have access to Flexjet’s new app which tracks your balance, provides you photos of your pilots, directions to the FBO and enables you to schedule flights. You also get the same owner services team that serves fractional owners. [links]
Turns out we were wrong. Look for Flexjet to continue with its entry in Light Jets (Phenom 300) and Super-Mid (Challenger 300), but that’s it. It turns out Flexjet’s jet card program is mainly to service Flexjet’s fractional owners who need to buy a card for a spouse or family members. Corporate customers also buy jet cards for senior executives and they are used for demo flights. Flexjet has a separate program that enables fractional owners to trade hours. In selling fractional shares, it believes not offering cards across the fleet gives it a sales edge against NetJets. With Sentient Jet part of the same company, overall there are plenty of jet cards being sold, just not via Flexjet. more
Comparing Challenger 300 prices on non-peak, non-premium travel days, Magellan Jets quotes $10,066 per hour plus 7.5% FET for 25 hours, so $10,821 per hour, excluding other fees. You would be looking at $8,500 per hour with XOJET, inclusive 7.5% FET, based on $200,000 deposit and excluding its new initiation and monthly fees, which would tack on $500 to $1,000 per hour, so think $9,000 to $9,500. Flexjet is priced at $9,267 per hour for the Challenger 300.
Well, earlier this week Private Jet Card Comparisons was in Cleveland to spend a day at Flexjet’s headquarters at Cuyahoga County Airport. With the increasing number of jet card sellers in the market and sister company Sentient Jet telling us they are adding a jet card with a WiFi guarantee, naturally, we were expecting some new cards from Flexjet. more
“Our card business is about 10% of total hours under management, but if you looked at the hours, it’s pretty significant,” says Matt Doyle, vice president of sales for Flexjet. “The idea was to maintain the integrity of a closed fleet program. We want (our jet card customers) to experience the same as our fractional owners…Some (jet card) programs are to get from A to B safely at the lowest price. (Our program is) a high-end card program.”
Now enjoy more of our jet card program's best feature: Freedom. The Flexjet 25 jet card is a superior alternative to charter that delivers immediate access to a cutting-edge aircraft fleet, all without an upfront capital investment or long-term commitment.
A jet card is suited for those who plan to travel 25 hours or less annually. For those who require greater flexibility and a better in-flight experience than what charter has to offer, a Flexjet 25 ™ jet card allows you to enjoy reliable access to a world-class fleet of aircraft. What's more, your Flexjet 25 ™ jet card includes aircraft operated by highly trained and experienced Flexjet pilots and cabin crews. more
Your Flexjet 25 ™ jet card requires a deposit of 25 flight hours associated with a primary aircraft, plus a Federal Excise Tax of 7.5%. A monthly Fuel Component Adjustment is added to your base hourly rate to account for fluctuations in fuel cost. Additionally, you may add flight-hours as your travel needs dictate. here