MemberJets has launched a platform that enables charter brokers and aircraft operators to sell per-seat charter flights while still meeting the new DOT Part 295 charter broker rules that take effect on Thursday.
The company’s Aviation Marketplace allows brokers and operators to “actively engage in the sale and management of individual seats, publish routes, and provide transparent pricing,” it said. Under this arrangement, MemberJets, as a DOT Part 380 indirect air carrier, acts as the principal in buying and reselling air transportation.
"The new [DOT Part 295] regulation took years for the DOT to craft and while it provides more transparency for consumers, it requires that brokers quickly navigate uncharted territory,” said MemberJets founder and CEO Ty Carter. “We built this marketplace to add value to our broker partners by providing free regulatory compliance and software that allows for an entirely new ecosystem. We recognize as important as Part 295 is for the consumer, it is also disruptive to our partners' business, so we introduced a turn-key solution."