JetASAP, the only live private charter marketplace connecting flyers directly to aircraft operators to book their charter flights, today announces their latest charter activity report.
The turbo prop category increased five percent to $4,610 per average billable flight hour in April.
The light jets had a slight two percent decrease in rates averaging $6,895 per hour, while the mid-jet category remained steady at $8,626. Super mid-jets billable hourly rates fell the farthest by an average of four percent to $9,525 month over month.
The heavy jet category experienced another dip of two percent, totaling a 12 percent drop from February to $12,991 per average all-in hourly rates.
Lisa Sayer, JetASAP Founder and CEO said: “We are seeing more heavy jet operators getting aggressive with their pricing, and the majority of their quotes received by our members falling between a low hourly rate of $8,231 to an average rate of $12,991 per billable flight hour,”
Charter Operator Hourly Rates* for APRIL 2024 of 1,992 Quotes through the JetASAP App
|
CATEGORY |
LOW |
AVERAGE |
HIGH |
|
|
Turbo Props |
$2,612 |
$4,610 |
$6,024 |
|
|
Light Jets |
$4,450 |
$6,895 |
$9,168 |
|
|
Mid Jets |
$6,150 |
$8,626 |
$11,356 |
|
|
Super Mid Jets |
$6,282 |
$9,525 |
$14,930 |
|
|
Heavy Jets |
$8,231 |
$12,991 |
$19,519 |
Source: JetASAP hourly rates are based on direct quotes from charter operators’ flight charges received through the JetASAP platform.
All hourly rates are based on actual occupied passenger flight hours from takeoff to landing, are “All-In” and include federal excise tax (FET), fuel surcharges, as well as daily minimums, if applicable.
*Statistics include a 10% standard deviation to account for data anomalies.