News Release

JetASAP releases September to October activity report on hourly cost for on demand charter operators

JetASAP, a live private aircraft charter marketplace that connects flyers directly to over 700 charter operators, commission free, has reported that trip requests being submitted by flyers through its app have already increased substantially in the first week of November. JetASAP recommends that flyers get their upcoming trips in the app as soon as their travel plans are confirmed as it anticipates a very busy holiday season. JetASAP clients receive an average of six quotes per trip request and may begin receiving quotes as quickly as five minutes from the request.

Following an overall 11% hourly rate decrease through the summer months, JetASAP flyers experienced a slight 1% overall average increase in hourly rates as the industry moves into peak season and holiday travel. This is balanced primarily from the larger 12% increase in hourly rates for heavy jets and 10% decrease in hourly rates for turboprops. To a lesser extent, light jets saw a 6% increase and midsize jets saw a 3% decrease, while super mids remained relatively unchanged.

This pricing data is based on 1,965 quotes received by flyers through the JetASAP app during those 60 days. The company is the only independent source to share quote information that is received directly from charter operators. Since its inception in September 2020, the company has accumulated valuable charter rate data never published before.

All average hourly rates are based on actual occupied passenger flight hours from takeoff to landing. Hourly rates are "All In" and include federal excise tax (FET), fuel surcharges, as well as daily minimums, if applicable.

Recent examples of quotes received by flyers through JetASAP:

Oxford, Mississippi to Denver, Colorado (turboprop) Pilatus PC-12 $15,963

Miami, Florida to Savannah, Georgia (turboprop) King Air 90 $8,260

Stuart, Florida to Syracuse, New York (light jet) CJ3 $13,881

Cleveland, Ohio to Naples, Florida (light jet) Citation I/SP $17,780

Chicago, Illinois to Belmar, New Jersey (midsize jet) Hawker 800XP $ 12,352

Bozeman, Montana to Charlotte, North Carolina (midsize jet) Learjet 60 $27,278

Sherman, Texas to New Orleans, LA (super mid jet) Falcon 50 $15,000

Reno, Nevada to Wilmington, North Carolina (super mid jet) Hawker 1000 $38,620

Indianapolis, Indiana to Miami, Florida (heavy jet) Legacy 600 $35,550

Munich, German to Chicago, Illinois (heavy jet) Gulfstream 450 $125,820.