VelocityJets Card vs Fractional

In our many years of offering VelocityJets Cards and competing head-to-head with other options like fractional ownership, we have found many financial disadvantages. Maintaining lower-than-normal equity in the aircraft and in some shared fractional programs, companies give their "buyers" no equity in the plane at all. Scheduling can also be restrictive, and the hours a buyer is allotted may add up to less hours per year on average then what they initially purchased.

Unlike fractional ownership, the only additional charges in the VelocityJets Card program are segment fees which are charged on a per person basis and federal excise tax of 7.5%. There is also a charge for taxi time of 6 minutes per takeoff and landing. There are no hidden fees or travel restrictions and the program is 100% refundable at any time.

The VelocityJets Card

  • You have the luxuary of interchangeable aircraft.
  • You may have a variety of trip needs that would best suited by different a/c types. Ex: two people traveling may only need a light jet, 10 people would require a large cabin aircraft, etc. You can pick and choose your aircraft type on a per trip basis at no additional cost, simply pay the hourly rate of the jet type you utilize.
  • Use as much or as little as you want, whenever you want from where ever you want.
  • No asset to purchase, no financial risk, no big upfront costs and no exit fees.
  • Travel when you want.
  • No monthly management fees in addition to the hourly rates.
  • No red tape or fine print unlike fractional.
  • No deadheads or repositions fees.
  • 100% refundable at any time.
  • No expiration date and no hourly adjustments.
  • Locked hourly rates for the life of the card.

Fractional Ownership

  • With Fractional ownership, you are committed to the specific aircraft type you purchased for the term of your ownership, usually 5 years.
  • You have a set number of hours of usage and you cannot go over your hours without incurring a financial penalty.
  • Huge upfront fees, monthly management fees and finally exit fees when you are ready to move on.
  • 5 year commitment to travel volume!
  • Non-refundable while incurring a huge financial penalty for cancellations.
  • Asset risk and exit fees are incurred.
  • Scheduling is rigid.
  • Monthly management fees continue regardless of your usage.
  • You incur reposition fees, deadhead fees and cancellation fees galore.
  • There is a lot of red tape and fine print.
  • Rate adjustments twice a year
  • Rates will continue to fluctuate with no predictability in pricing
  • Hourly fuel surcharges in addition to the hourly rates.