Jeremy Peters, of the New York Times, details (purchase required) some new innovative options for flying on P.J.’s (a.k.a. private jets).
1) OneSky.com quotes prices for charter flights and last minute opportunities on “empty leg” flights (empty because a customer has paid for a one-way trip). According to Jeremy:
An empty leg flight from White Plains to Miami on an eight-seat jet was recently listed on OneSky.com for $10,000. Depending on how far ahead the route was booked, the empty leg price could be several thousand dollars less than the cost of a private-jet flight booked through standard channels.
2) Jets.com offers similar services, but also includes a sort of reverse auction. Travelers post details of their trips, and companies bid for their business.
3) Sentient Jet and Blue Star Jets sell “debit cards” for private jets. For Sentient Jets:
…a customer plunks down a hefty deposit — $100,000 gets you a “silver” membership… — and in return is guaranteed the use of a jet any day of the year…
The hourly travel rate is deducted from the customer’s deposit. Sentient’s hourly rates start at $2,600 for a round-trip flight on a light jet in the continental United States. The price scale moves up to more than $11,000 for larger jets, one-way trips and overseas destinations.
On the other hand, Blue Star Jets acts as a broker by shopping around hundreds of charter companies:
Blue Star lets customers start with a $50,000 deposit. That pays for a “blue” level card. Deposits can be as large as $1 million, for the “black” level of membership. Blue Star’s hourly rates range from $1,800 to $8,000, not including a 10 percent commission to Blue Star…
The article also quotes prices for NetJets, a fractional ownership company:
…allows owners to buy a one-sixteenth share starting at $412,500 for a twin-engine Hawker 400XP, which can carry seven passengers. The monthly fee for the Hawker is $7,171, and the hourly flight rate is $1,712. On the high end, a half ownership in a Gulfstream 550, which can hold more than 20 people, costs $22 million for the initial investment, nearly $132,000 a month in fees and $3,701 an hour.