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Private Jet Market Grapples With Surge in Get-Me-Away Demand


What’s causing problems are jet cancellations. “Most of these jet cards, if the operator cancels it because of a mechanical issue, they guarantee you a replacement aircraft at no cost,” Mr. Gollan said. But if the jet operator cancels because it doesn’t have a jet, he said, “your broker could say, ‘Sorry we lost this plane, but we have three new quotes.’ Instead of paying $18,000 to go up to New York, you could pay $28,000.”Your choice at that point? Get a refund and fly commercial or pay the extra and go.“Jet operators have been inundated with requests,” …

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