JetASAP: Hourly Air Charter Flight Prices Rose in June
Aircraft Charter Marketplace JetASAP Reports That Hourly Prices Increased in June
The light jet charter segment saw the largest increase in pricing between May and June according to the latest monthly report from online charter marketplace JetASAP. (Photo: Barry Ambrose)

In its just-released monthly hourly cost report, online jet charter marketplace JetASAP reported that aircraft charter rates increased on average by 4 percent month-over-month in June. The flight booking platform noted that the light jet segment experienced the largest increase in billable flight hour pricing, rising by 6 percent to an average of $7,236 per hour.

Midsize and large-cabin jets each increased by 5 percent month-over-month, averaging hourly rates of $8,176 and $13,336, respectively. Super-midsize jets saw a 4 percent boost to $11,068 per hour, while turboprops logged the smallest improvement at 2 percent to an average of $4,280.

The report listed some actual route quotes received last month through JetASAP’s website. They include Jackson Hole, Wyoming, to Fort Lauderdale, Florida in an Embraer Phenom 300 for $32,360, a Hawker 800XP for $23,659, or a Gulfstream IV for $45,000. From Farmingdale, New York, to Aspen, Colorado, was $26,818 in a Bombardier Learjet 60, $43,356 in a Cessna Citation X, and $40,000 in a Gulfstream G200. Meanwhile, the cost of a Dallas to Van Nuys, California trip was $19,650 in a Learjet 45XR, $19,088 in a Learjet 60, and $30,517 in a Citation X.