By Sponsored Article – May 08, 2024
JetASAP Releases Q1 2024 Activity Report of Hourly Cost f...
Q1 2024 hourly rates decrease an overall average of 7% over Q4 2023 JetASAP, the only live private charter marketplace connecting flyers directly to aircraft operators to book their charter flights, today announces their latest charter activity report. The analysis includes data from over 20,000 charter operator quotes during the time periods. Charter aircraft hourly rates for Q1 2024 drop an average of 7% over Q4 2023 and YOY rates for the quarter drop 5%. March 2024 hourly rates for month over month decline an average of 7%. The turbo prop and light jet category remained relatively unchanged from February to March 2024 per average billable flight hour of $4,373 and $7,020, respectively. March average rates for Mid jets dipped 2% month over month to $8,672 per occupied billable flight hour, followed by a 3% dip for super mid jets to $9,930. Hourly rates for heavy jets experienced the largest decrease with prices falling 10% to $13,208 per billable flight hour. “Overall, 53% of quotes received by flyers via the JetASAP app come in at or below the average hourly rates from charter operators across the US and Canada,” states Lisa Sayer, CEO and founder. “Our app allows flyers to book their private travel without any high up-front fees or prepaid jet card memberships,” explains Sayer. JetASAP hourly rates are based on direct quotes from charter operators’ flight charges received through the JetASAP platform. All hourly rates are based on actual occupied passenger flight hours from takeoff to landing, are “All-In” and include federal excise tax (FET), fuel surcharges, as well as daily minimums, if applicable. Real-time All-In quotes received by flyers through JetASAP in March: Philadelphia to MiamiPhenom 300E (Light Jet) $17,661Hawker 800XP (Mid Jet) $18,285 Palm Beach to New YorkCitation Excel (Mid Jet) $14,500Challenger 604 (Heavy Jet) $17,000 New York to VancouverHawker 1000A (Mid Jet) $39,948Challenger 350 (Super Mid Jet) $45,000 Aspen to MiamiFalcon 50 (Super Mid Jet) $26,000Falcon 2000 (Heavy Jet) $32,395 Las Vegas to New YorkCitation Longitude (Super Mid Jet) $31,336Gulfstream GIVSP (Heavy Jet) $32,020 Indianapolis to AspenNextant 400XTi (Light Jet) $18,000Citation XLS+ (Mid Jet) $22,137 Los Angeles to New YorkFalcon 50 (Super Mid Jet) $29,500Gulfstream G200 (Super Mid Jet) $34,500 JetASAP offers an on-demand charter option via an app which allows members to book their charter flights directly with aircraft operators without any prepaid jet card memberships or high buy-in costs. The app provides features that include: the ability to submit quote requests to over 700 charter operators and receive live bookable quotes; the JetRATE cost estimate tool; partner services at discounted rates including aircraft mechanical coverage and support; access to 3,000+ daily empty leg and discounted one-way flights; and TripMATCH, where members automatically receive targeted emails for empty legs. The empty leg list is previously unpublished and exclusive to JetASAP. To learn more, please visit JetASAP.com or download the app from the App Store. Visit JetASAP.com