JetASAP releases activity report of hourly cost for on demand aircraft charter

JetASAP, the only truly live commission-free private aircraft marketplace connecting flyers directly to charter operators, today announces their latest charter activity report. August 2023 average rates remain flat month over month through the summer.

The turbo prop category decreased an overall average of 2% as compared to July 2023 to $4,326 per charter operator billable flight hour.

Light jets dipped 3% in August to $7,243 per hour, after increasing 3% in July. The largest decrease of 4% was experienced in the mid jet category to $8,131 per billable flight hour.

Super mid jets rose 8% in August to $11,094 per average billable flight hour after decreasing 8% in the previous month.

The heavy jet category increased 1% per hour over July for occupied flight hours to an average of $13,978 per hour.

Hourly Rates forAugust 2023of 2,066 Quotes through the JetASAP App

CATEGORY

LOW

HIGH

AVERAGE

Quotes At or Below Average

Turbo Props

$2,552

$6,358

$4,326

50%

Light Jets

$4,628

$10,764

$7,243

54%

Mid Jets

$5,907

$10,898

$8,131

50%

Super Mid

$7,537

$16,113

$11,094

53%

Heavy Jets

$9,531

$19,919

$13,978

50%

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.