BOSTON, Mass. (May 11, 2023) — While industry providers raise prices, restrict customers, and shrink service areas, Magellan Jets is leveraging its strong and stable business model to introduce a series of program enhancements, positioning their customer-focused private aviation solutions for the most client value in 2023 and beyond. Magellan’s asset-light business model, consistent profitability, and continuous 35% year-over-year revenue growth uniquely position it to make these client-focused changes while offering aggressive rates 20-40 percent below its leading competitors.
“As a customer-first company, we’re excited to provide more value across our entire portfolio and offer our guests the strongest private aviation solutions,” said Magellan Jets CEO and founder Joshua Hebert. “The private aviation market has opened back up, and Magellan’s client-centric program and robust infrastructure enable us to make these pivots on behalf of our customers.”
Lower hourly flight rates across all Jet Card programs and Memberships
Lower initiation and renewal dues on its Private Jet Membership programs
The re-introduction of Magellan's popular entry-level Light Jet Card
The addition of Guaranteed Wi-Fi on Magellan's industry-leading Phenom 300 Jet Card
“These changes represent our commitment to helping customers navigate the evolving private aviation marketplace as trusted advocates,” said Magellan Jets President and co-founder Anthony Tivnan. “Our operational stability, our efficiencies, investments in our supply chain, and our expanded network of partners and vendors all combine to allow us to reduce expenses while simultaneously passing savings on to our customers. Factor in the recent drop in jet fuel prices, and the value for Magellan’s guests is extraordinary.”
The ability to move swiftly and pivot to market demands has kept Magellan competitive and profitable for the past decade while enabling them to maintain their programs when others suspended operations. Magellan has seen high client satisfaction as a result—customer retention rates have been above 90 percent year over year, with an average 2023 Trip Perfection Rating of 93 percent.
Magellan has not only updated its Jet Card Ownership program to feature more competitive rates but has also reintroduced its Light Jet Card to complete their lineup of one category-inclusive and one jet-specific option for each aircraft class. The Light Jet Card utilizes Magellan’s network of small-cabin, short-range aircraft to provide the best value for short-hop fliers; like all Magellan Jet Cards, the Light Jet Card features zero blackout days, rate locks up to 18 months, fixed-rate travel within the contiguous U.S. as well as the Caribbean, and the lowest daily minimums in the industry.
Magellan continues to offer the Phenom 300 Jet Card as its premium light jet option—and in response to demand from the resurgent business aviation community, the company will now guarantee Wi-Fi on this card at all levels of hourly investment.
As more businesses get back to flying private, Magellan has positioned its Explorer and Explorer100 Private Jet Memberships as the perfect solutions to prepare organizations for their return to the forefront. The ideal supplemental lift tools, both membership programs now feature lower annual dues and more competitive hourly rates, while the initial investment for Explorer100 has been reduced.
“As more private fliers diversify their aviation portfolios, we’ve seen that fixed pricing, service consistency, ease of scheduling, and guaranteed backup & recovery are what they’re searching for,” said Tivnan. “Being able to consistently deliver on those benefits without a large up-front investment is what makes Explorer and Explorer100 the perfect warranty for the aircraft owner or corporate flight department.”
Magellan Jets is a Boston-based private aviation solutions provider built on a commitment to three core values: Lead With Safety, Care Deeply, and Create Amazing. Founded in 2008, Magellan Jets’ innovative model offers Aircraft Sales & Management, Jet Card Ownership, Membership, and On-Demand Charter services, all designed to provide the freedom and exceptional personalized service that private travelers demand. Magellan and its FAA-certificated Flight Support Department ensure every detail is tailored to exceed guests’ expectations. Safety, security, privacy, and an uncompromising commitment to excellence in hospitality combine with the most heavily audited and thoroughly vetted network of aircraft in the world to let travelers experience private aviation the way it is meant to be—purely private.
Magellan Jets jet card ownership, jet membership, on-demand charter, aircraft sales and management are programs of Magellan Jets, LLC (Magellan Jets®). Magellan Jets (the Air Charter Broker) acting as an “Authorized Agent” for the Program Member (Charterer) shall; maintain non-owned aircraft liability insurance, and personal injury coverage, contract for transportation services with only FAR Part 135 or 121 Direct Air Carriers or their foreign Civil Aviation Authority (CAA) equivalent that operate and exercise full operational control over those flights at all times. Magellan Jets does not own or operate aircraft nor is a direct or indirect carrier. Flights will be sourced through a proprietary Magellan Jets Preferred Network of Direct Air Carriers that meet all FAA or CAA safety standards and additional safety standards established by Magellan Jets.Magellan Jets does provide access to aircraft management services which are provided by FAR Part 135 and 91 Direct Carriers or their foreign Civil Aviation Authority (CAA) equivalent that manage the full or partial operation of the aircraft on behalf of the Owner (Aircraft owner) and exercise full operational control of all flights at all times.
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