- Velocity Jets now offering 2012 Gulfstream G650 For Lease
- Velocity Jets Facebook
- How Much Does It Cost to Charter a Private Aircraft?
- Private Jet Charter Costs - What's on the Invoice?
- Denison Yacht Sales creates Charter Division
- Questions to Ask Your Jet Card Provider
- A List Private Aviation: Velocity Jets
Velocity Jets now offering 2012 Gulfstream G650 For Lease
Velocity Jets now offering 2012 Gulfstream G650 For Lease
12/24/36 Month Terms
Annual Utilization 460 hours
Wet and Dry Leases Available
Starting at $650,000 per month
Call today for additional information
866-575-JETS (5387) or email email@example.com
Mach 0.925 (530 kn, 610 mph, 982 km/h)
Long range cruise: Mach 0.85 (488 kn, 562 mph, 904 km/h)
Fast cruise: Mach 0.90 (516 kn, 595 mph, 956 km/h)
Long range cruise:
7,000 nautical miles
5,000 nautical miles
Original Link: http://app.streamsend.com/ss/1/oFNe/0ryjvq49xy
How Much Does It Cost to Charter a Private Aircraft?
This is a question that we hear quite a bit, as we talk to people who are looking at private jets and other private aircraft. So this article walks you through the different factors and provides some pricing indications.
To start off you should have in mind:
Where you want to go, since the distance between these two locations helps define the size of aircraft you will need. The longer the distance the larger the size of aircraft you will need, unless you are happy to stop for refueling.
The number of people and the amount of baggage you will be travelling with. So more people and/or more baggage will require a larger, more expensive aircraft
Other items that can affect the price are the departure time and date, since prices increase during periods of peak demand. Your return plans are another key pricing element, so if the plane just takes you one way and has to fly back empty you may end up covering the cost of that empty flight.
For a full list of the types of things that you could be charged for, see our earlier article Private Jet Charter Costs – What’s on the Invoice?
Having said all the above, we asked Patrick Harris, President at Velocity Jets to provide some examples of typical flight costs in a range of light, mid, and heavy jets. The prices below are all inclusive prices.
- Miami (MIA) to Los Angeles (VNY) flight time 5.2 hours, light jet $15k, mid jet $17k and heavy jet $23k
- New York (TEB) to London (EGGL) flight time 6.1 hours, heavy jet $40-60K
- Chicago (MDW) to New York (TEB) 2 hour flight, light jet $7k, mid jet$ 9k, heavy jet $12k
- St. Maartin (TNCM) to Miami (MIA) 3.5 hour flight, light jet $12k, mid jet, $15k heavy $18-20k
- Chicago (MDW) to Los Angeles (VNY) 3.5 hour flight, light jet $10k, mid jet $12k, heavy jet $15-18k
Some other examples of prices come from Avinode, which gathers a large amount of data on the charter marketplace. Their recent data shows the average price per hour including taxi rate + fuel surcharges, for various aircraft including:
Citation X $4,897
Hawker 800 $3,763
Learjet 60 $3,305
Falcon 900 $6,085
Gulfstream IV $5,632
Challenger 604 $5,023
All of the above average prices have increased over the last 6 months.
Private Jet Charter Costs – What’s on the Invoice?
- Charter aviation companies and charter brokers can easily provide a quote for your business trip or vacation—usually right from their website as most have online forms. To get a quote started for a private jet, they’ll need to know how many people are flying, departure time and date, and your return plans. But there’s more to calculating a quote than filling in an online form and if you’re not careful, you could end up with a post-flight invoice full of unexpected charges.
- Chartering a plane, as you might imagine, is a bit more involved than renting a car. Charter companies have to calculate landing fees, fuel costs and crew overnight fees, among other items, before they can give you an accurate quote. The largest dollar item is the cost of fuel, which is presented in the quote as the aircraft’s hourly rate. For example, if you’re flying in a light jet, which costs about $2,600 per hour, on a two-hour flight, you will be quoted $5,200. Your flight will also incur five additional fees:
- Landing fees vary by airport and usually depend on the size and weight of the aircraft. Expect fees to be in the $100 to $500 range. Sometimes these fees are waived if your aircraft is refueling at the airport.
- The fees are used to maintain runways and airport buildings.
- Ramp fees are charged when a plane is parked at an airport for a length of time.
- Fuel prices change constantly. Your quote will include a projected cost in the hourly rate. A fuel surcharge is added to make up the difference between the projected cost and the actual cost. Because airports have different fuel charges, just like gas stations, ask your charter operator or broker to compare fuel charges of nearby airports.
- Segment fees are a government tax calculated on a per passenger basis.
- Federal Excise Tax is applied to each flight at 7.5 percent.
- But wait, we’re not done. Depending on your itinerary, you could also be charged:
- Crew overnight fees are between $150 and $600 per night, per crew member for food, transportation and lodging.
- Crew per diem fees will be around $75 per person for food on day trips.
- Wait time fees are accrued for time the aircraft is not flying. Ask how much you’ll pay while the aircraft waits for you at the airport. Additionally, most charter companies charge a minimum usage fee, which will apply each day your multi-day trip requires the aircraft to be parked at the destination airport.
- Short leg fees are charged if your trip is less than a minimum distance (around 400 nautical miles). Short distances mean the aircraft has to fly at a lower altitude, which uses more fuel.
- Reposition fees occur when you charter an aircraft that is based at an airport other than the one you are departing from. You’re simply paying for the aircraft to fly from its home base to your local airport.
- One-way fees are charged when the charter company has to fly the aircraft home empty. If you need a one-way flight, ask your charter operator to look for an “empty leg” flight, which will be discounted.
- De-icing fees are difficult to predict, but expect to be billed if your trip encounters cold and snow.
- International fees for permits, customs and taxes are added when you’re traveling to foreign countries.
- Catered meals beyond the standard snack and beverage fare will be added to your bill.
- Phone charges for in-flight phone use.
- Cleaning fees should be expected if your pet soils the carpet or some other mishap occurs.
- If you’re feeling a little overwhelmed by all the potential line items, you’re not alone. Patrick Harris of Velocity Jets of Fort Lauderdale, FL, says he provides a comprehensive quote without the breakdown simply because it’s easier accounting for everyone. He guarantees the quote and won’t generate an invoice later if the flight circumstances change the actual costs. For example, if the destination airport is closed due to weather, he won’t bill for the extra fuel and fees associated with landing in another airport. He simply absorbs the costs. However, his contract states there may be extra charges for cleaning spills, catering upgrades and de-icing.
- If you’re comparing quotes from several charter operators, be sure each is comprehensive of all charges. This earlier article provided a full list of questions to ask your charter broker or charter operator. Once you’ve decided on a charter operator, you’ll need to wire the entire fee, usually at least two days before the flight.
Denison Yacht Sales creates Charter Division
Dension have been working on developing the new charter division for over six months and to assist in the successfulness of the new specialisation, Ali Kaufman has been recruited. She has worked in the industry for many years and was formerly a stewardess on private and charter yachts, giving her the know-how for creating a successful charter for clients. Speaking of the recruitment of Ali, Alex Clarke of Denison Yacht Sales said “I consider her one of the most trustworthy, honest charter brokers in the industry. Before joining Denision Yacht Sales I used to refer all my charter inquiries and clients to Ali due to the fact I knew they would receive the personal attention they deserved.”
The company will be creating a new interactive section of their website dedicated to Yacht Charters. This will be complete with an interactive map showcasing sample itineraries, allow charter clients to add comments about their experiences or recommend specific locations to those considering a charter for the first time. The global charter fleet will also be accessible to clients can that can search yachts by location, price, and style of vessel.
On top of the new formation of the charter segment, other fundamental changes are that they have announced their partnership with Velocity Jets which will allow the creation of all-inclusive ‘Luxury Bundle Packages’ which will provide clients with the option to charter a private from anywhere in the world and fly directly to the charter yacht for the lowest possible rate on the market typically beating the cost of most major fractional jet programs. “This will bring the charter experience to another level not yet seen before in the industry” stated Mr Clarke.
Denison Yacht Sales
Original Link: http://www.superyachttimes.com/editorial/22/article/id/6400
Questions to Ask Your Jet Card Provider
With commercial airlines downsizing their fleets and cancelling flights daily, airport travel has become a nightmare. Chartering a private jet never looked more appealing. There are several companies that offer jet card programs, but like any investment, you need to do your due diligence before signing on.
Jet charter cards are perfect if you only occasionally fly privately, and you don’t need a fixed number of flight hours per year. They provide a lot of flexibility including no long-term contracts or monthly management fees. They are also a lower-cost alternative to fractional jet cards. For more information see Jet Charter Cards and Membership Clubs on SherpaReport.
Patrick Harris, President of Velocity Jets, LLC was kind enough to provide SherpaReport with a list of questions you should ask if you are interested in getting a jet card. Some of the main topics to explore are safety and operations, the fleet, pilots, pricing, finances, and membership specifics.
- What is the independent safety rating on the fleet being offered?
- What insurance coverage do they offer?
- What is the insurance per person, per incident, and per aircraft type?
- What is the operator’s safety record?
- How long have they been in business?
Aircraft Age / types / maintenance
- What is the average age of the aircraft being utilized?
- What aircraft types are included in the program?
- Can we request a specific aircraft type?
- Can we request that we NOT fly on a specific aircraft type or below a certain age?
- Who maintains these aircraft?
- Pilots / Crew
- What level of training do the pilots have?
- How often do the pilots receive training?
- Are two pilots used on every flight?
- Are BOTH pilots rated in the specific aircraft they are flying?
- Membership Program pricing
- Are the hourly rates guaranteed?
- Are there any repositioning fees?
- Are there any overnight fees?
- What other fees should I be aware of?
- How long are the hourly rates good for?
- Do the hourly rates have an expiration date?
- What about international flights or any flights that are outside of the geographic program area, how does the pricing work in those situations?
Membership Program specifics
- What is the geographic area included in this program?
- Are there any blackout periods?
- Are the hourly rates guaranteed during peak travel times?
- What is the program cancellation policy?
- Can you offer any program references?
- Where do the escrow deposits get deposited?
- Can we use our own escrow account?
Please let us know if you have any thoughts or comments on the above or if you would like to share your Jet Card experience – use the contact us form.
Original Link: http://www.sherpareport.com/aircraft/questions-jet-card.html
A List Private Aviation: Velocity Jets
Though once an elitist mode of transportation, due to the increasing hassles of commercial travel, the private aviation industry has drastically increased in popularity, thus losing its incantation of exclusivity. The sky is now filled with fractionally owned jets, and those jets are in turn engorged with unsatisfied clients who have been forced to compromise their personal time to accommodate incongruous flight schedules. Velocity Jets has taken on the commitment of returning private jet travel to its original form: personalized service, flexibility, and in-flight luxury, ensuring any journey-whether it is for business or pleasure-an affable one.
Based out of Fort Lauderdale International Airport, with outposts in New York and Los Angeles, Velocity Jets has dominated the private aviation market with their unparalleled service and offerings including private jet membership, aircraft sales and management, global aircraft charter, and worldwide tours. Their experienced team ensures premium service that is customized to fit any client’s needs, wishes, and desires. Isn’t that how it should be when one chooses to fly private?
Cofounders Patrick Harris and Jessica Osterneck, who share responsibility of overseeing Velocity Jets, both bared witness to a notable rise in their Jets Card service. The two agree that this can be attributed to the rising cost of private jet ownership, but more so to the hassle, maintenance, and wasted time that many patrons have experienced with their jet ownership. Numerous private wealth advisors have reported their clientele selling their trusted Gulfstreams and Lears, trading up for a Velocity Jets Card. With a minimum deposit of $100,000 the card grants clients access to a fleet of 5,500 jet types, ranging from turboprops to heavy jets. Clients are billed based on a guaranteed one-way or round-trip hourly rate. This membership ensures that clients will depart, spend the duration of their flight, and arrive in the utmost safety and luxury. With infinite flexibility and 365 days guaranteed availability, any jetsetter can now fly wherever and whenever without the headwind of long-term contracts or monthly management fees.
What sets Velocity Jets apart from the other sea of private aviation brands is their attention to detail. Each and every individual client is treated as though they are the one and only client. Velocity’s staff take special measures to get to know every passenger that steps foot on the aircrafts, including their likes, dislikes, allergies, trip itineraries…the list goes on. Customization is the key to a personalized journey, and Velocity Jets has certainly got this art down to a very fine “T.”
With Velocity Jet’s adamant attention to the minutest service details, it comes as no surprise that their safety standard policies are stringent. All of the aircrafts utilized by Velocity are ARG and Wyvern-rated, and all pilots and operators are held far above the FAA standards; both combined efforts have given Velocity the bragging rights of an incident-free safety record.
Though the Jets Card service is growing at a record speed, so too are their worldwide charter and tours, sales and acquisitions, and concierge services. It was no easy feat returning private air travel to its original status of private luxury for the world’s elite; Osterneck and Harris have not only completed the task, but also improved the art of world travel to a status that can-and always will be-attained through only one brand, Velocity Jets.
Phone 866.575.JETS (5387)
Original Link: http://hauteliving.com/2008/10/a-list-aviation/3985/