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Jet cards were created as a way to offer flight time to private aviation users flying up to 50 hours per year. Rather than purchasing a whole aircraft or investing in fractional ownership, a jet card can be a cost-effective option for frequent leisure travellers or users of business aviation.
The typical cost is between $2,000 and $14,000 per billable hour to charter a private jet. However, those prices aren’t the whole story. However, those prices aren’t the whole story.
These fractions translate to several hours per year, with a full 100 percent share typically equating to 800 annual hours of usage. Most shares are sold at the 1 ⁄ 16 (50 hours) or 1 ⁄ 8 (100 hours) level. [2] [1] Although the aircraft is shared, owners are guaranteed access with 4–48 hours notice, depending on the provider and plan.
Alternatively, customers may buy flight hours in 25-hour increments by way of jet card programs. [23] Fractional owners also pay an occupied hourly operating fee, but it is charged only when an owner or guest is on board, not for ferry flights. [49] [50] NetJets is the largest fractional aircraft provider. In 2021 its fleet flew 478,444 hours. [51]
Those three flights add up to about 28 hours of flight time, or over 11,000 gallons of jet fuel consumed, based on fuel efficiency data from Jet Advisors. Under Markey’s bill, Swift’s travel ...
The domestic carrier expects jet fuel to cost $3.15 to $3.25 per gallon during the third quarter, versus prior expectations of $2.70 to $2.80. United gave a similar warning, noting since mid-July ...
According to a study by Jane's Information Group in 2012, the Gripen's operational cost was the lowest among several modern fighters; it was estimated at $4,700 per flight hour. [57] The Swedish Ministry of Defense estimated the cost of the full system, comprising 60 Gripen E/F, at SEK 90 billion distributed over the period 2013–42.
Turboprops have an optimum speed below 460 miles per hour (740 km/h). [18] This is less than jets used by major airlines today, however propeller planes are much more efficient. [19] [need quotation to verify] The Bombardier Dash 8 Q400 turboprop is used for this reason as a regional airliner. [20] [21] [verification needed]
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