New Flight Charters Posts 72% Increase for October Year-Over-Year, 69% Over Prior Year as New Demand Transforms the Private Jet Industry

Private Jet Charter company trending year-to-date +45.9% and +53.0% over prior year, cites record demand for charter flights from existing clients, and new flyers turning from jet card and private jet membership programs.

New Flight Private Jet Charter Challenger 300 and Embraer Legacy

SAN DIEGONov. 26, 2021 /PRNewswire/ — New Flight Charters, a nationwide leader in on-demand private jet charters since 2004, announced an 72.3% year-over-year increase for October and 68.9% over 2019, more than doubling the industry’s increases for October.

By comparison the Part 135 charter industry increased 33.0% for October according to TraqPak data released by ARGUS International. 

Charter Industry Availability

The company attributes its increases in part to its full-industry aircraft availability, not limited by a defined fleet or specific operator arrangements.  The full charter industry includes 2,722 charter jets in the U.S., plus 778 executive turboprops for economical regional travel.  “When demand is outpacing supply, having wide availability of vetted quality aircraft and operators in every corner of the country for our clients is key,” commented New Flight Charters’ president, Rick Colson.

Flyers can choose their specific aircraft from an array of options and quotes for each flight, sourced per their own preferences for each trip including size, age, make, ratings and amenities, and pay as they go; no membership fee or advance bulk purchase commitment. 

Notably the company received considerable interest from jet card and membership program fliers, turning from their recent limitations, changing terms and costs.  New Flight Charters’ Best Price Guarantee remains in place during the industry’s record-breaking Fall and holiday seasons.

Results by Aircraft Category

For October, light jets (+171.4%) and midsize jets (+76.9%) posted the largest increases while super-midsize and heavy jets combined (+10.1%) were more modest, as demand clearly moved up the scale from charter turboprops (-40.0%)

2021 year-to-date also, charter demand has moved generally up the aircraft scale.  Light and midsize jets climbed 44.0% and 39,7% respectively, while Super-midsize and heavy jets combined climbed a steady 6.5%, while turboprops descended 19.2%.

New Flight Charters has averaged 15.4% annual grown since 2004 with a renowned, long-tenured expert staff, and was named to the Inc. 5000 Honor Roll as a fastest growing U.S. company four separate years.

The company is the most-accredited charter company in the U.S., including a recognized ARGUS-Registered Broker, and an approved member of the international Air Charter Association, one of only four charter brokerages in the U.S.

About New Flight Charters

Celebrating its 17th Anniversary in 2021, New Flight Charters arranges custom domestic and international private flights with top-rated aircraft, a Best Price Guarantee and perfect safety history.  The company is the most accredited in the industry; both ARGUS® and Wyvern® registered, Rated A+ and Accredited by the BBB, ACA-approved, rated D&B Gold, named to the Inc. 5000 four consecutive years and is a SAM-Registered U.S. Government Contractor.  Fliers choose from the top aircraft makes, models and quotes every flight, from the largest jet charter listings including floating fleets and empty legs.  New Flight Charters serves a wide variety of clientele including Fortune 500 companies, government heads of state, presidential campaigns, entertainment icons, private families and entrepreneurs.

For charter quotes or information nationwide, call (800) 732-1653 or email charter@newflightcharters.com.

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    How much does it cost to charter a private jet?

    Below is what you can expect for typical pricing across the U.S. jet charter market.  Actual availability and pricing for a specific date and routing may be a bit lower or higher depending on industry schedules.  Some may ask, “Is it possible for cost be 1/2 of these prices?  Unfortunately no, see also the Jet Charter Pricing Q & A below.

    Many variables go into individual jet charter quotes and pricing for any particular trip. The industry is very diverse, with around 7,000 charter aircraft and 1,650 certificated charter operators in the US alone.

    New Flight Charters has industry-wide reach makes it simple and guarantees the best pricing industry-wide for any specific charter flight.  Get customized make/model quotes if you prefer.  Prefer to see only quotes for the latest models like the new Praetor 600, Legacy 450 or Gulfstream G700?  You got it.  For any request, receive a summary of best available quotes and information for review and comparison.

    Quick Jet Charter Example Pricing:

    Executive Turboprops (up to 8 passengers)

    • A 1-hour drop off is typically $8,000 – $10,000
    • A 2-hour drop off is typically $14,000 – $16,000
    • A 2-hour two day round trip is typically $15,000 – $18,000

     

    Light Jets (up to 7 passengers)

    • A 1-hour one-way flight is typically $10,000 – $12,000
    • A 2-hour one-way flight is typically $12,000 – $15,000
    • A 2-hour flight round trip over 2 days is typically $20,000 – $25,000
    • A one-way flight between New York and Florida is typically $15,000 – $20,000
    • A round trip between New York and Florida over 3 days is typically $30,000 – $40,000
    • A round trip between Texas and New York over 2 days is typically $30,000 – $35,000


    Midsize Jets
    (up to 8 passengers, stand-up cabin)

    • A 2-hour one-way flight is typically $15,000 – $20,000.
    • A 3-hour three day round trip is typically $40,000 – $50,000


    Super-Midsize Jets
    (up to 9 passengers, coast to coast range)

    • A 4-hour one-way from either coast is typically $26,000 – $34,000
    • A 5-hour coast-to-coast one-way flight nonstop is typically $30,000 – $40,000
    • A round trip California to Hawaii over 7 days is typically $90,000 – $120,00


    Heavy Jets
    (up to 16 passengers, inter-continental range)

    • A one-way flight between Hawaii and California one-way is typically $40,000 – $70,000
    • A round trip California to Hawaii over 7 days is typically $110,000 – $130,000
    • A one-way flight between the US and Europe is typically $60,000 – $100,000
    • A round trip New York to Europe over 7 days is typically $110,000 – $150,000

     

    Regional Airliner Charters (up to 30 passengers)

    • A 2-hour one-way flight is typically $40,000 – $60,000
    • A 3-hour flight round trip over seven-days for 20-30 passengers is typically $100,000 – $130,000
    Jet Charter Pricing Q & A:
    Q: Can I get a private jet charter flight for under $10,000?

    A: It’s very rare. If a flight of 1-hour or less matches up with a light jet empty leg, it may be under $10,000 total.  Executive turboprops such as the Pilatus PC-12 or King Air series will typically be under $10,000 for a 1-hour flight or same-day round trip in many parts of the country.  See example costs above.

    Q: What about the articles I see about empty legs for dirt cheap, same as airline fares, or even 1/2 price?

    A: There is a market for all flights, and a well-fitting empty leg will typically be around 75% of standard pricing. Keep in mind, Empty Legs are a convenient marketing angle to attract interest.  Like they say, if it sounds too good to be true…

    Q: How far in advance is best for quotes and booking? The earlier the better?

    A: Not usually. Different from the airlines, the best jet charter quotes and availability are less than 2 months in advance, often less than 1 month. Typically specific aircraft availability and pricing are not set further in advance.

    Q: When is the best time to find an empty leg?

    A: Most jet charters book less than 2 weeks in advance, so that is when the most empty legs become available in aircraft schedules.

    Q: I hear about floating fleets with one-way pricing, what is that?

    A: The biggest trend in jet charter the past decade is specific fleets that string one-way flights together in their schedules, reducing the positioning costs of traditional charters, thus allowing for reduced ‘one-way’ pricing. These are often the best cost options for one-way flights of 2 hours or more. These are the same fleets most jet cards and memberships use to minimize their costs below the rates their customers are paying.

    Q: Are there exceptions? If a jet is flying empty anyway, won’t they take me for cheap for at least some income?

    A: There is a market for flights in the charter industry, so each flight has a market value even up to hours before. Also, flying under charter’s FAA Part-135 regulations is more restrictive, expensive and consuming than flying empty repositioning under Part-91.

    Q: The airline tickets for this trip are so expensive, if 6 of us chartered our own jet could it be similar or not much more?

    A: See the above actual average costs

    Q: Are the above example charter costs your set rates or guaranteed?

    A: No, but they are typical and what we would expect as every-day best in the charter market. For a specific date and itinerary quotes may be a little lower or a bit higher, however we would expect in most cases to be in this range. We do have the widest availability and guaranteed best price industry-wide.

    Q: How can I get a quick real estimate of what a flight might cost, for our decision-making?

    A: Jet charter has so many variables, get helpful easy answers from a friendly expert at 888-701-3843 (no sales pitches, guilt or commitment).