Global events have had an extraordinary impact on fuel availability and pricing over the last year. In order to cover the rising cost of jet fuel while protecting our guests from pricing volatility, Magellan Jets has instituted an hourly, aircraft category-based fuel adjustment rate program. Magellan Jets tracks the National Average of Fuel Pricing at FBOs across North America monthly to provide a variable fuel adjustment, which allows us to respond to fluctuating market changes for the benefit of our clients. Guests will be billed the adjustment rate that is posted on the day of their flight. The current effective rates can be viewed in the table below.
| Aircraft Category | Hourly Rate Adjustment |
|---|---|
| Light | $737 |
| Mid | $993 |
| Super Mid | $1,197 |
| Heavy | $1,678 |
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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