Since launching the product last year, Air Charter Service has seen significant uptake in its innovative Empyrean Capped Rate Jet Card account, the first of its kind, with the total value of sales already accounting for 40% of all its jet card programmes.
Tim Rees, ACS’s Jet Card Manager, commented: “It’s easy to see the appeal of the Capped Rate Jet Card scheme – it allows clients to budget for the year by giving them a fixed rate, capped price, but allows them to benefit from market prices at the time of booking which generally saves the customer money. We have found that clients are generally getting somewhere between 10% and 30% more flying for their money because of the savings that we are achieving using this method – the first of its kind to the market.
“The growth in popularity of the capped rate programme means that over a quarter of all our jet card flights in 2019 have been conducted under capped hourly rate terms, with the main operational regions of flights split equally between the United States and Europe.
“The jet card programme also has the benefit of access to supplementary services that ACS can offer, such as helicopter transfers, hotel reservations, commercial airline tickets and specialist event bookings.
“As a broker, we are not tied to a limited fleet, which allows a larger choice than some programmes. There are so many options when it comes to the aircraft such as size, speed, age, interior styling and baggage allowance, that the flexibility of the Empyrean account ensures the holder retains the ability to choose specific aircraft and adapt to the ever evolving aircraft models available for charter.”
Another key differential with the card is that any hours purchased never expire and ACS do not use deposits as working capital, unlike many other existing programmes on the market.
About Air Charter Service
Air Charter Service is a global aircraft charter broker with 25 worldwide offices, spanning all six major continents and we offer private jet, commercial airliner and cargo aircraft charters, as well as onboard courier solutions. We arrange more than 16,000 contracts annually with revenue of close to 700 million dollars. We were formed in 1990 by Chairman Chris Leach and CEO Justin Bowman in the basement of a house, and we now employ more than 500 staff worldwide.
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