JetASAP Releases August 2023 Activity Report of Hourly Cost for On Demand Aircraft Charter

Published
09/14/2023 by

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* for August 2023 of 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.

*Statistics include a 10% standard deviation to account for data anomalies.

Real-time all-in quotes received by flyers through JetASAP in August:

San Jose, CA to Pittsfield, MA 
Citation CJ3 (Light Jet) $31,049
Falcon 50 (Super Mid Jet) $37,900
Challenger 350 (Super Mid Jet) $42,806

Miami, FL to Aspen, CO 
Phenom 300 (Light Jet) $29,209
Hawker 800XP (Mid Jet) $31,467
Citation X (Super Mid Jet) $40,577
Gulfstream GIVSP (Heavy Jet) $48,919

Oakland, CA to Washington, D.C. 
Hawker 800XP (Mid Jet) $31,467
Gulfstream G200 (Super Mid Jet) $39,500
Gulfstream GIVSP (Heavy Jet) $40,890

Vancouver, B.C. to Chicago, IL
Citation Excel (Mid Jet) $31,679
Gulfstream GV (Heavy Jet) $46,500

Houston, TX to Miami, FL 
Lear 45 (Light Jet) $17,650
Lear 60 (Mid Jet) $19,263

Milwaukee, WI to Trenton, NJ
Citation CJ3 (Light Jet) $13,900
Legacy 600 (Heavy Jet) $16,865

Teterboro, NJ to Miami, FL
Lear 45 (Light Jet) $16,000
Falcon 900 (Heavy Jet) $16,500
Challenger 850 (Heavy Jet) $21,750

Ft. Lauderdale, FL to Pittsburgh, PA
Citation Excel (Mid Jet) $12,990
Hawker 800XP (Mid Jet) $13,979

Nashville, TN to Phoenix, AZ
Gulfstream G200 (Super Mid Jet) $33,000
Gulfstream GIV (Heavy Jet) $41,000

To learn more, please visit JetASAP.com or download the app from the App Store.