Imagine, if you will, going into a popular restaurant with the insight that reservations are essential, you’ve pre-ordered and paid a deposit, only to find on the day the restaurant is half full and taking walk-ins, and what’s worse, they are running a special on your meal 30% lower than what you are being charged, with no chance of a reduction to your bill – would you be happy? You shouldn’t be, and it would be even worse if you were stuck into such agreements.
It’s a similar story with 'fixed rate' Jet Cards - when aviation companies offer a block of hours at a fixed rate throughout the agreement – offered with the pretence that you have guaranteed availability on a fleet of aircraft, but are paying a premium every time and not necessarily getting any difference in service / product, when compared to someone who is looking for a one off trip and getting the same aircraft at a substantially lower price – the market price.
Unless you really aren’t concerned with the cost (which would find you in the minority even in private aviation), can you have the best of both worlds; namely guaranteed availability at a preset price, but the option to take the lower market price (true cost) if and when it was available? The answer is yes.
Switch from 'fixed hourly' to Protected Hourly (guaranteed).
The Protected Hourly Rate (PHR) program offered by Jet Members provides just this. Market rates provided up to a maximum ceiling price, as mutually set by both parties.
What’s more, the maximum rate set can be adjusted by the client in accordance to their requirements, whether this be on the amount of hours, notice period, length of stay and flight duration; the rate is specifically set to their needs (not the operator). Additionally, if the guaranteed Protected Hourly Rate is already set lower than your previous fixed rate, your flying will always be lower in cost.
We believe that the strategy of a Protected Hourly Rate is a much fairer relationship between the client and operator, and should logically be a much more attractive program for the client.
With the terms of the account being tailored specifically to each client, no two account holders would have the same specific commercial terms.
This is something that perhaps may be difficult for some of the more traditional Jet Card providers to adapt to, which (and only said with a whisper) should make Jet Members a disrupter in the world of Jet Cards.
For more information on all the benefits we offer, please click below:
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