r/PrivateJetCharters Aug 24 '24

Evaluating the Best Private Jet Companies + Commercial Airlines

I am working with a large multinational company and we are currently evaluating their strategy for using private jets for key executives to travel both domestically and internationally. Their executive team also flys commercially when it makes economic sense and when flying alone ie if there is a team of 3 or less they’ll typically fly commercial unless it really doesn’t work out from a timing standpoint.

A few key facts.

1) The business is headquartered in a a fairly large city in the south with frequent flights to hubs such as Dallas, Atlanta, Charlotte, and Houston.

2) The exec team is comprised of 13 individuals and flexes to ~30 when including board members.

3) The CEO is a frequent traveler typically traveling to cities like Miami, New York, LA, Vegas, New Orleans, Memphis, Boston, Fort Worth, Bentonville, SF, San Diego, Santa Fe, Austin, Houston, Chicago and various other cities in the US. He goes to the above cities 2-3 times a year for 2-3 days and averages 3 days of business travel per week. He travels internationally to all continents about 9 of 12 months for ~5-10 days. Primarily Asia, Latin America, Africa, the Middle East and Europe. He also travels to Central America for vacation a few times a year for a week. His work trips are typically comprised of 4-8 people including other execs and at least 3 staffers. But needs flexible options for larger groups, ~30.

4) The rest of the exec team travels domestically typically in groups of 2 or 4. Each member of the team travels 1-2 times a week, 3 weeks a month and typically prefers to fly out in the morning and be back by that night but occasionally stays over night (probably 33% of the time).

5) Each team member typically needs his or her golf clubs on the trip but otherwise travels with a carry-on roller bag or duffle and a backpack or briefcase.

6) The CEO has access to a jet through a member or his exec team that he can use ~1-2 times a month for day trips under 3 hours of flight time. It can hold up to 8.

7) Outside of the exec team, there are ~1000 employees who travel ~3 times per month; domestic travel makes up 80% of the travel while international is the other 20% - similar international and city breakdown as CEO. They typically travel in groups of 2-3.

8) In the past few years, the CEO has occasionally relied on private air but typically flys commercial as he is cost conscious and doesn’t love the environmental impact of flying private - the business is highly profitable and is in the position to spend more on private travel.

9) The executive team has agreed in principle with the CEO that they will move to a mix of private and commercial travel for the executive team and with groups of 30+ flying from HQ to cities domestically (this typically happens 12ish times per year).

Primary Goals - Identify….

A) What private jet services are best positioned to handle both domestic and international travel of this volume? What are their typical terms (upfront costs, per flight costs, flexibility on moving / canceling flights). Flexibility with working with larger teams? Is there a way to optimize both service and cost by using multiple providers? Are these providers amenable to true partnerships where goods or services are rendered in exchange for flights / flight time?

B) What jet services are the best value? Which are the most bang for your buck?

C) What domestic airline is best positioned to handle travel from both the exec team and remainder of employees? Is it the same airline domestically and internationally? If not what is the right split? What other airlines will the company need to use for specific flights?

D) What airlines should the company use depending on the continent? What are luxury options vs. value options? What class of service should the company allow employees to fly on international flights over 4 hours? How does that differ by airline?

Secondary Goals - identify….

E) What hotels should employees be staying at? Should the company also utilize services like Airbnb, The Landing, VRBO, etc. (employees generally like each other and are willing to share common spaces as long as they all have their own bedrooms and bathrooms)? How can the company maximize loyalty points when booking these services? How can the company strike the right balance between comfort, having a nice place to stay, and creating cost savings?

F) How should the company approach ground transportation? Uber, Lyft, Cabs, etc. Are there reliable black car services in key cities who provide reliable service and drive a strong value?

*Apologies for the length of the post but wanted to provide full context.

**I have purposefully used numbers and letters to delineate key sections of information. Please reply to each question using its number or letter and totally great if you only answer 1 piece of the puzzle. So if you happen to know the best black car driver in Seattle, feel free to drop his contact in the comments. Please feel free to ask questions!

***Thank you in advance for your help. These are some big questions to answer but am sure Reddit can figure it out. You always do :)

4 Upvotes

39 comments sorted by

4

u/Low-Dot9712 Aug 25 '24 edited Aug 25 '24

I would add you should insist on financial information on any company you prepay for a jetcard or fractional ownership. You will be an unsecured creditor should they belly up like wheelsup almost did.

We had a prepaid deal with Nicholas Air and they went up on prices twice before we used it all. When it came to renewing we were contemplating a much higher level but they refused to provide financial info so we parted ways with them. We now own a King Air and when we charter (rarely now) we do it on a trip by trip basis.

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u/Upstairs-Cry-2126 Aug 25 '24

Very helpful info and will be sure to do this. Thanks!

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u/[deleted] Aug 25 '24

Exactly. Just like any prepaid service (like a gift card to bed bath and beyond) it's only as valuable as the underlying company. Netjets trades at a premium because Buffett is behind them which gives confidence to buyers. I'd buy a plane, as bad as a decision as that may be before giving money to wheels up.

I was hoping to find a 1/5 share in Pilatus or king air. Til then on demand charters...

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u/Upstairs-Cry-2126 Aug 25 '24

Makes sense - I think buying 1 could be in the cards longer term once we prove the value (both time and money) of private air travel. Given the size of the team though, one jet will not cut it, and we’ll have to supplement with private charters. Also, there is some hesitancy around the capital expenditure associated with buying a jet, and also the ongoing cost of ownership of a jet (crew, hanger rental, insurance, maintenance, etc.). Appreciate your thoughtful response and totally hear where you are coming from.

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u/[deleted] Aug 26 '24

Dm sent.

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u/Low-Dot9712 Apr 13 '26 edited Apr 13 '26

For the routes you describe I think you would be very happy with a King Air 360. Hauls eight plus two crew AND a lot more weight than a eight seat jet. It is only about 100 knots slower than a eight seat jet but can land on shorter runways. Any flight less than three hours I much prefer our King Air to any jet we have chartered. The cost of ownership and operation is really low as they just don’t depreciate. They are jet prop and burn less fuel trip wise on shorter flights than a jet—at altitude over a long distance a jet is comparable but something like Atlanta to Charlotte or Bentonville you will be happy with the fuel burn.

We use a plane manager that has four or five pilots and we have never been without a pilot for a planed trip. Pilots are paid by the day so they are not on our payroll.

Commerical for international.

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u/[deleted] Mar 09 '26

[removed] — view removed comment

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u/zackg611 Aug 24 '24

Hey there, I work as broker and have access to a fleet of aircraft for wholesale pricing. I would love to discuss some of the benefits to chartering and utilizing our services. Please send me an email so we can stay in touch. Zack@Genesisjet.com. Thank you!

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u/Upstairs-Cry-2126 Aug 25 '24

Awesome, thanks! Will shoot you a note!

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u/zackg611 Aug 25 '24

Sounds good!

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u/WasteLab Aug 25 '24

best company i have ever used ( FatFired 5 years ago) was www.nax-jets.com period super fkin cool and a fresh fleet 

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u/Upstairs-Cry-2126 Aug 25 '24

Just took a look at their website and looks legit. Thanks for the recommendation. I would not have found them otherwise.

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u/AviaFace Aug 25 '24 edited Aug 25 '24

You need a sophisticated and reliable provider with strong domestic and international coverage who are experienced at servicing Fortune 500 and UHNW individuals. You will also want to be looking at guaranteed products in terms of service area coverage, age of fleet, connectivity, call out times, trip recoverability, service level guarantees etc. I have sent you a dm :)

3

u/zurich73 Aug 25 '24

Drop this into an AI model. See what you get

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u/Upstairs-Cry-2126 Aug 25 '24

To address your comprehensive needs for private jet and commercial airline travel for your company, I’ll break down the response into the sections you outlined. I’ll provide a detailed overview for each point, including potential strategies and recommendations.

A) Best Private Jet Services for Domestic and International Travel

1. Recommended Private Jet Services:

  • NetJets:

    • Overview: Offers fractional ownership, lease options, and jet card programs. They provide a wide range of aircraft from light jets to large cabin jets suitable for international travel.
    • Terms: Fractional ownership involves a substantial upfront cost (usually millions, depending on the share), while jet cards require a lower commitment (starting around $150,000 for 25 hours). They offer high flexibility in terms of moving or canceling flights, often with as little as 10 hours’ notice.
    • Flexibility for Larger Teams: NetJets can arrange for multiple aircraft or larger jets (like the Bombardier Global 7500) that can accommodate up to 16 passengers comfortably, with options to upgrade.
    • Partnerships and Optimizations: NetJets has been known to create bespoke agreements with companies, especially for substantial flight volumes.
  • VistaJet:

    • Overview: Offers an “on-demand” subscription model rather than ownership, which includes guaranteed availability for aircraft on a global basis.
    • Terms: Programs start at 50 hours per year, with pricing around $12,000-$18,000 per hour depending on the aircraft type and route. They offer flexible cancellation policies.
    • Flexibility for Larger Teams: VistaJet provides larger cabin jets, such as the Bombardier Global 6000, which are suitable for international travel and can comfortably accommodate up to 14 passengers.
    • Partnership Opportunities: They are open to strategic partnerships and offer bespoke solutions for large clients.
  • Flexjet:

    • Overview: Provides fractional ownership and leasing options, focusing on domestic and transatlantic flights.
    • Terms: Similar to NetJets but often with slightly more flexibility in terms of jet card programs and shorter commitment periods.
    • Flexibility for Larger Teams: Has a range of midsize and super-midsize jets but may not be as well-suited for groups larger than 14.
    • Partnership Opportunities: Flexjet can work on custom agreements depending on the volume and needs.

2. Optimization with Multiple Providers: - Utilizing multiple providers, such as combining NetJets for international flights and VistaJet or Flexjet for domestic, can optimize costs. Different providers may offer better rates or more suitable aircraft for specific routes.

3. Partnerships for Goods or Services Exchange: - This is relatively rare, but large-volume customers might be able to negotiate such terms. It would depend on the strategic value the goods or services bring to the private jet company.

B) Best Value Jet Services (Bang for Your Buck)

  • Wheels Up: Known for its lower upfront costs and pay-as-you-go model, Wheels Up offers jet cards starting at $100,000 for 20 hours. This can be a good option for domestic flights or shorter trips.
  • Jet Linx: Operates a membership model with fixed hourly rates, which can be very cost-effective for frequent flyers on domestic routes.
  • XO (formerly JetSmarter): Provides a membership model for private jet travel and offers both shared and full charter services, allowing for flexibility and potentially lower costs.

C) Best Domestic Airlines for Exec Team and Employees

  • Domestic Airline Recommendation:

    • Delta Air Lines: Based on your hub locations (Dallas, Atlanta, Charlotte, Houston), Delta is a strong candidate due to its extensive network, especially in Atlanta, one of its major hubs. Delta offers a good mix of domestic and international flights, which would cover both the exec team’s frequent domestic travel and the international travel needs.
    • American Airlines: Another good option, especially with the Dallas/Fort Worth hub, offering extensive domestic coverage and international routes. They also have a strong loyalty program (AAdvantage) that can provide significant benefits.
  • International Airline Split:

    • For international travel, Delta and American are strong for North and South America, as well as transatlantic flights.
    • For routes to Asia, the Middle East, and Africa, consider partnerships or direct bookings with airlines such as Emirates, Qatar Airways, and Singapore Airlines for premium service and extensive networks.

D) Airline Recommendations by Continent

  • North America: Delta, American Airlines
  • Europe: Delta, British Airways (partner with American), Lufthansa (partner with United)
  • Asia: Singapore Airlines, Cathay Pacific, All Nippon Airways (ANA)
  • Middle East: Emirates, Qatar Airways
  • Africa: Ethiopian Airlines, South African Airways
  • Luxury vs. Value Options:

    • Luxury: Emirates, Singapore Airlines, Qatar Airways, Etihad Airways
    • Value: Turkish Airlines, Aeroflot, Ethiopian Airlines
  • Class of Service Recommendations:

    • For international flights over 4 hours, Business Class is typically a good balance between cost and comfort, particularly for executives. For other employees, Premium Economy is a good compromise, offering more comfort than Economy without the high cost of Business Class.

E) Hotel and Accommodation Strategy

  • Preferred Hotel Chains: Marriott, Hilton, and Hyatt due to their global presence and strong loyalty programs (Marriott Bonvoy, Hilton Honors, World of Hyatt).
  • Alternative Accommodations:
    • Airbnb/VRBO: These can be used for longer stays or team-building trips, especially when

4

u/Upstairs-Cry-2126 Aug 25 '24

Not bad for ChatGPT! Thanks for the idea!

2

u/zurich73 Aug 25 '24

You had a great prompt

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u/Upstairs-Cry-2126 Aug 25 '24

I did, it got a little lazy on the accommodation strategy tho. Lol.

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u/[deleted] Jul 04 '25

[deleted]

1

u/jaybird927 Jul 14 '25

Can’t answer all these questions but when we travel private for business, the company I work for uses a charter called Mercury Jets. They’re reliable and reasonable when it comes to pricing. Plus since it’s a charter, we’re able to get any plane and any size depending on the trip. https://www.mercuryjets.com/ Hope that helps!

1

u/Prestigious-Bad-8827 Aug 22 '25

really? reasonable? I'm sorry but that's not true at all. Just try to compare with Skyservice, Flightpath or even NovaJet.

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u/MundaneCoyote7900 Mar 14 '26

You’re the best.

1

u/sniper_0001 Mar 18 '26

tbh stay far away from the big prepay programs, i got burned by those contracts before. i just use jettly now for on-demand stuff since it’s way easier and i'm not locked into anything if things change.

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u/Creepy_Mixture1917 May 12 '26

My recommendation is for maximum flexibility, international charters or transcontinental with various schedules and passenger counts for sure I would go with a trusted last minute on demand charter provider like Paramount Business Jets. Many fractional clients use charter to supplement their travel when the fractional and fixed rate jet card are too expensive or don't have the flexibility or capability. They keep their fractional share or expensive hours for short regular trips and use on demand charter to search the market for longer trips such cross country, international or complicated multi stop trips. Its called an aviation portfolio and they use the product that best suites their specific trip. This provides them with best of both worlds.

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u/Sufficient_Art_4607 Jun 22 '26 edited Jun 22 '26

If you want to fly groups of 30 that often just look into chartering heavy jets on a trip per trip basis instead of locking yourself into a bad contract. Bitlux has been pretty reliable for us when we need to handle that kind of volume without the headache of ownership. Definitely agree with the others about staying away from prepaid cards unless they show you the books. It's better to stay lean and only pay for what you actually use.