New Flight Charters Sales Surge in Q1

Private Jet Charter Leader Sees Year-Over-Year Growth of 37 Percent

LOS ANGELES–(BUSINESS WIRE)–Private jet charter leader New Flight Charters experienced a 37 percent surge in sales in the first quarter, demonstrating continued strong business growth and demand for the companyjet charter brokerage services.

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Our business is delivering reliable personal service with the best rates and equipment in the industry, said Rick Colson, New Flight Charters President. We serve top executives and leading corporations who are making New Flight Charters their private jet solution of choice, and our Q1 results reflect this leadership standing. Flyers are gaining a better understanding the private jet marketplace and seeing more value in our service. We are having more and more clients come from the jet card companies for our pricing and choice of aircraft for each separate flight. The large up front buy-in for a jet card as a volume discount is a myth.

New Flight Charters offers a choice of several aircraft options for each trip, in contrast to most private jet companies who offer only one model of aircraft or only a general size category with nothing specific. The jet card companies then will send the most profitable jet for the trip, not necessarily the best for the clients need. New Flight Charters clients can choose their own specific aircraft and amenities.

For example; a recent private charter request for a 4-day round-trip departing San Diego with stops in Chicago and Denver for ten passengers. The client preferred a large cabin jet with room to move around. The total flight time was 8.5 hours and New Flight Charters offered the following choices for the client, prices are all-inclusive:

  • Challenger 601, $45,793 
  • Gulfstream III, $47,230 
  • Gulfstream IV, $56,885 
  • Gulfstream V, $74,227

The client viewed cabin photos, dimensions and seating diagrams for each, and chose the Gulfstream IV as their personal preference of comfort and price for their trip. Jet card companies pricing for the same trip ranged from $91,700 to $124,200 for the same size class of aircraft.

About New Flight Charters

New Flight Charters provides on-demand private jet and aircraft charters worldwide with premium level service. Founded in 2003, New Flight Charters quickly became a leader in private aviation and a top echelon flight service provider. Most recently, in 2007 New Flight Charters increased revenue by 31 percent over the year prior and saw its number of return clientele double. The company ended the year with more than 1,600 customers flown to 312 airports in 14 countries. Among its customers, New Flight Charters is known for exceptional, reliable service, streamlined charter arrangements, high safety standards and no-surprise billing. The company has an accident-free charter history. New Flight Charters senior managers also carry personal FAA Airmen Certification. For more information, visit www.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).