Monthly Archives: November 2017
Why are we surprised? AGAIN? The most recent private jet shuttle company to bite the dust – Surf Air!
Ok! Fine… They were actually taken over by Encompass Aviation according to AINonline. Nonetheless, these all-you-can-fly start-ups are raising money and then failing. We are beginning to wonder if the entire plot is a scheme from inception. In this case, Surf Air surrendered their FAA Part 135 operating certificate to Encompass Aviation and subleased all 12 of their aircraft to them as well. As for their non-California routes… they are brokering those out. Interestingly, all of this occurred back in May but we are just hearing about it. Thank goodness for the pilots that they are all still employed, as Encompass retained them. According to AINonline, it seems as though Encompass’ business model, moving forward, will be more geared toward FAA Part 121, commercial, operations but the immediate future is simply just to gain inter-state flying authorization; presumably, to also take over the routes Surf Air is currently brokering out.
Remember last October when we blogged about “The Uber of Private Jets,” failing? These business models sound great but they don’t make sense from an economical standpoint. When you take into consideration the costs associated simply with operating the aircraft, advertising, technology investments (apps and websites), crew salary and office staff, etc… the ability to operate outside of the red becomes very unlikely. Further, the likeliness of a lot of empty seats as you get your name out there and work hard to bring on paying members is inevitably going to result in operating at a substantial loss. There is simply no way around it.
It is alarming to companies like us who are working hard to do honest business with our customers when we hear of the nonsense many startups are selling. Perhaps just as disappointing is how they seem to be scamming investors. IF, and we mean IF, the founders of these startups have any aviation experience (many do not), they have to know the possibility of not failing, and actually becoming profitable, is not as likely as we are guessing they are presenting to investors (who probably have even less aviation experience). There are many quotes about how aviation is the fastest way to go broke, but perhaps the most applicable, in this instance, is “Crime wouldn’t pay if the FAA took it over and would go bankrupt if an airline management did.”
Private Jet Charter Rates
Perhaps one of the most asked questions revolves around private jet charter rates. It is quite challenging to estimate rates without giving special consideration to how the expertise and experience of your private jet charter coordinator impacts the rate you pay. For instance, if you do business with an operator they will typically try to put you on an in-house aircraft that they own or manage, as that is the option most profitable and convenient for them. A broker will typically search for the best matched aircraft for your needs; however, not all brokers are equal. Some have better intra-industry relationships and connections, others have better technology, and the unique truly get pleasure from getting a great deal for their customer; that would be our team! We love the challenge!
Cost per hour ranges for various aircraft classes
In general, the hourly rate of private jet aircraft are broken down by aircraft class. Sample information is as follows:
|wdt_ID||Aircraft Class||Example||Seating||Approximate Hourly Rate|
|1||Very Light Jet||Citation Mustang, Phenom 100, Eclipse 500||4-5 passengers||$1,450 - $2,400|
|2||Light Jets||Citation I/II/CJ2/CJ3/CJ4/Encore/Ultra, Phenom 300, Learjet 31/35/40/75, Beechjet. Hawker 400||5-9 Passengers||$1,625 - $3,630|
|3||Mid-Sized Jets||Citation III/VII/XLS/Excel, Hawker 800/850/900, Lear 45/55/60||7-9 Passengers||$2,600 - $4,000|
|4||Super Mid-Sized Jets||Challenger 300/350, Citation X/Sovereign, Hawker 1000/4000, Gulfstream 200/280, Falcon 5||8-10 Passenger||$3,275 - $6,100|
|5||Heavy Jets||Challenger 601/604/605, Gulfstream III/IV/V/400/450/500/550/650, Global Express/5000/6000, Falcon 900/2000||10-19 Passengers||$4,600 - $10,000|
|6||Turbo Props||King Air 90/250/350, Super King Air, Pilatus PC-12, Caravan, Cheyenne||6-13 Passengers||$1,000 - $2,250|
- Hourly rates do not reflect aircraft positioning, parking/landing fees, fuel surcharges where applicable, de-icing when required, international fees, overnight fees, catering, or special requests/
- Domestic travel incurs FET (federal excise tax) and segment fees. International travel incurs international taxes as applicable. Travel to Hawaii and Alaska incur additional territory specific fees/taxes.
- Taxi time is billed at 12 minutes per leg in excess of estimated flight time.
- Hourly rates are subject to change.
- Daily minimum requirements may be applicable on certain itineraries.
How Exquisite Air Charter can help with private jet charter rates
Exquisite Air Charter’s primary goal is to satisfy our customers. Safety always comes first but aircraft quality, reliability, and price are not compromised when you charter with us. We have a network comprising more than 5,000 aircraft in the U.S. alone but, in fairness, we will not use them all. We make certain to qualify every aircraft and every crew member prior to allowing them the honor of flying our valued customers.
Interested in learning more? Why not get a free, no obligation, quote? Our team will provide you with the best aircraft options to accommodate your specific itinerary at the best possible private jet charter rates.
Be aware, not all services are the same. There are so many gimmicky programs starting up that it is extremely difficult to keep track of them. Many of them fail before making a name for themselves. Perhaps the worst of all are the ones who take advantage of customers interested in flying on a private jet by using what we consider to be deceptive private jet charter advertising.
One of the many benefits of private jet charter is the rural locations you can reach directly. Learn more about the private jet charter airports available when you fly private.
We are excited to make your journey safe and comfortable!