While many private jet companies have increased their fixed pricing significantly, or even stopped taking on new members, the wholesale market is now telling a different story.

According to US wholesale private jet charter seller JetMembership.com, the average price for a charter flight in the US decreased almost 20 per cent in January compared with the average of 2021. This change is an average applied to all categories of aircraft; turboprop, light jet, midsize jet, super-midsize jet and heavy jet. JetMembership.com compiles data from actual wholesale quotes from aircraft operators and sources hundreds of private aircraft quotes daily for its members.

“We are seeing a significant drop in air charter pricing in 2022. This is contradictory to the narrative other companies are pushing out, which is a welcome development for both our members and prospective members,” says general manager Jack Willison. “With the direction the market is heading, our pricing model makes the most sense for the frequent flyer. While others will mark up the trip, we let you book at the wholesale rate.”

JetMembership.com is a membership-based system that offers access to private flights at wholesale rates to customers who pay a flat membership fee. This can be especially beneficial for those who fly private often. With its new website and app launch, the entire process is simplified more than ever, while allowing members to keep track of their cumulative cost savings.

“We knew that there was something missing in the private aviation industry, and we wanted to offer that solution to our customers,” Willison adds. “Jet cards are frequently advertised as the solution, but there are several issues with them. Not only are customers limited to the types of planes they can charter, but they often have to purchase a lot of flight time upfront. This is a significant amount of money that frequently goes to waste because jet card hours can expire if unused.”

JetMembership.com customers pay no-commission prices with complete transparency. Customers have unlimited choices when it comes to aircraft selection, and don't have to worry about unused or expiring hours. The membership pays for itself after a couple of flights. The success of this approach and the exponential growth it has seen recently, lead the company to recognise the importance of implementing the latest technology in its booking process.

“We feel the best way to reinvest capital in this industry is to keep our members taken care of and up to date with how the market is moving. Giving them the best technology available, and hiring the most knowledgeable advisors who are accessible around the clock, is our highest priority,” says director of marketing and public relations Noah Terry. "We are a customer-centric SAAS company with a large advisor team. Our advisors are experts in the field and understand which aircraft is right for the customer and which operators are best. They also understand that customers want their wholesale quotes fast, so that's exactly what we deliver.”

The changes to the website and the development of the app were made to simplify private flight bookings even further. The booking process can now be completed with just a few simple steps using a smartphone or computer, at any time, from any place. This is the first time the company has created its own app from scratch, and it is confident that its new app will help exceed customers' expectations in this fast-paced world of technology. In order to meet customer demand, JetMembership.com has also expanded its advisor team significantly, assuring that there is 24/7 coverage when it comes to flight bookings.

“We understand that adapting to the market and giving the best customer experience means hiring more advisors, staying on top of the latest technology trends and making quoting, booking and trip management simpler for our members,” says the executive board. “We will continue to give our members the best possible rates for flying private, while also continuously updating our technology and booking options to streamline the process."

With charter prices falling, JetMembership.com encourages flyers to shop around: “We know that a lot of private flyers have existing relationships with other private aviation companies; many of our members started with another private jet provider. We are the perfect supplement when those other providers come up short, or their pricing seems too high.”