Charles Alcock is managing editor of the AIN Media Group, having rejoined the company in 2019. He has been an aviation journalist since 1986, and previously worked for AIN from 1990 to 2017, most recently as editor-in-chief. His main focus is on covering new aviation technology and business models, as well as international news.
Having been raised in the London area, Alcock studied at the University of Manchester in the UK and earned an honors degree in Politics and Modern History. He speaks English and French, and some German.

Managing Editor

Charles Alcock

The average hourly jet card rate paid by charter customers in North America dropped sequentially by 0.1% in the third quarter, according to analysis released by Private Jet Card Comparisons. However, despite the slight shift, the group reported that overall private jet charter costs increased by 1.4% over the same period.
The buyer’s guide to jet cards, fractional ownership, and membership programs tracks over 80 private jet flight providers and more than 500 pricing options. More than 41 updates were included in the latest update to its database.
As of September 30, the average hourly guaranteed jet card rate was $11,257. According to Private Jet Card Comparisons president and CEO Doug Gollan, the slight decrease was recorded despite overall strong demand, which he said was comparable to the post-Covid period in 2021 and 2022. Daily minimum and peak day rates both increased during the third quarter.
For North American jet card offerings with guaranteed prices and availability, hourly occupied rates averaged $11,257 over the three-month period. Excluding turboprop aircraft, the average hourly rate was $11,602, with these prices including base rates, fuel surcharges, and 7.5% federal excise tax.
“While pricing is somewhat stable, there is a lot of discounting activity below the retail pricing we track,” Gollan commented. “Our advice to subscribers after we run their analysis to determine which providers and programs best match their needs is to reach out to the relevant companies as there is generally an opportunity to negotiate flight credits and bonus hours in many cases. Of course, the most important first step is ensuring the rules and policies of the programs match your needs; otherwise, no matter what the price and how much you negotiate, it could be an expensive mistake.”
The platform’s latest market analysis includes average hourly rates broken down by aircraft type as follows: turboprops ($6,418), very light jets ($7,359), light jets ($8,309), midsize jets ($9,671), super-midsize jets ($12,557), large-cabin jets ($15,386), and ultra-long-haul jets ($19,222). Increases in charter rates since 2019 are roughly comparable to overall inflation in the U.S. economy,&nbsp;the company said.
Daily minimum flight time requirements for jet cards also edged up during the third quarter. These climbed by 1.6% from 83.7 minutes to 85.1 minutes.

News and issues concerning the aviation charter and fractional-ownership industries and markets, including company announcements, regulations, new developments and labor issues.

Average Jet Card Private Charter Flight Rates Remain Stable in Q3

Private Jet Card Comparison tracked rates in North America

The latest analysis from Private Jet Card Comparisons showed slight increases in average hourly rates, with detailed breakdowns by aircraft category.

Average Jet Card Charter Rates Remain Stable in Q3

2024 Corporate Aviation Leadership Summit

Kerry Lynch

News and issues relating to business, corporate and private aviation, primarily regarding turbine-engine-powered airplanes and helicopters. Subjects include aircraft, engines, maintenance, operations, personnel, acquisitions, accidents, safety, security, and training.

Real Jet will serve as a boutique customer-centric air charter brokerage

Kenny Dichter Gets ‘Real’ in His New Bizav Venture

Matt Thurber

Arrangements made on behalf of Big Sky resorts and ranches

Lone Mountain Travel Picks Moove AI Booking Tool

Issues regarding financing of aircraft; aviation insurance; tax issues for aircraft operators; new companies and people in the aviation financing and insurance industries.

U.S. market is well-balanced; some other regions see growth 

Avinode Data Points to Mainly Favorable Charter Market

News and developments about airplanes, helicopters and unmanned air vehicles used in all varieties of operations, including airlines, military, business, commercial, general aviation and private.

In this article

Private Jet Card Comparisons

More In Charter & Fractional

Kenny Dichter Gets ‘Real’ in His New Bizav Venture

Real Jet will serve as a boutique customer-centric air charter brokerage

Lone Mountain Travel Picks Moove AI Booking Tool

Arrangements made on behalf of Big Sky resorts and ranches

Avinode Data Points to Mainly Favorable Charter Market

U.S. market is well-balanced; some other regions see growth

Dassault Falcon 900LX Jets Drive Luminair’s Growth and Efficiency

Flying Dassault Falcon jets helps this charter operator stand out.

Blade Returns to NBAA as New Owner Joby Preps for Service

Joby bought Blade in August and is integrating the service into the Uber app

Vista Chases Growth In Japan's Private Flight Market

Company reported growth in demand for both VistaJet and XO program options

AI Accelerates Aircraft and Crew Scheduling Platform

Floating Fleet AI aims to have more than 100 aircraft listed by year-end

Leviate Air Group Acquires Vault Aviation

Expands company’s services for sports and entertainment clients

AIN Products

SUBSCRIPTIONS

RESOURCES

ABOUT AIN