Marquis Jet - Woodbridge, New Jersey, United States
Fractional jet cards may have been the perfect stocking stuffer this holiday season. In the days before Christmas, Bloomberg News reported that bonuses to workers in New York City would total $23.9 billion, a 17 percent increase from 2005. And along with rare canary diamonds, extravagant yachting trips and yes, botox, fractional jet cards were a popular holiday splurge.Marquis Jet sold 100 gift cards in one month, 50 percent more than last year, according to company vice president Randy Brandoff. One Wall Streeter bought six $185,000 cards for his family so they wouldn't have to fly commercial. Marquis Jet through NetJets sells 25-hour blocks of flying time and will operate 275,000 flights this year to over 140 countries.
Marquis Jet was also popular amongst the recent Fiesta Bowl crowd in Scottsdale, especially the schools' former athletes, having operated 50 departures from the Glendale Municpal Airport.And it's not just Marquis Jet racking up jet shares. JetPASS Ultimate Travel, where a $100,000 deposit gives you a choice of light, mid-size or large cabin aircraft, has helped its parent company Flight Options post significant year-over-year sales numbers. "Since the launch of JetPASS Ultimate Travel Program in May, the most flexible fractional card program in the industry, Flight Options has seen its year-over-year sales in the fourth quarter increase by over 300%," said CEO Michael Scheeringa.And on that note, JetPASS has announced they will be increasing their flight prices for 2007. A 3.75 to 5 percent hike has been applied to Saturday and non-peak rates while peak rates and peak travel days will get a 10 percent hike, rounded off to the nearest $25.So far, this all spells good news for the private jet industry which in turn, helps customers. Now, let's just hope the VLJs get off the ground this year too.
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