Jet card membership providers Wheels Up and Sentient Jet will both be using horse racing this weekend to promote their private aviation programs. As part of the sponsorship, Wheels Up will appear as the only brand logo on Justify and his jockey, Mike Smith, covering the horse’s blanket and Smith’s pant legs, turtleneck, and boots.
Wheels Up Memberships Available From Costco. Membership regular price for individuals is $17,500 annually and corporations $29,500 annually according to Corporate Jet Investor. Annual dues (starting second year) are then $8,500 for individuals and $14,500 for corporations, plus a fixed hourly price for each hour flown – the cost per hour...
Exclusive Offer available to Costco Members Through an exclusive partnership with Wheels Up, Costco Members are eligible to receive one (1) $3500 Costco Cash Card with purchase of a Wheels Up Membership (card to be sent by Wheels Up after membership agreement is received and account is activated).
Wheels Up Pricing. Currently, the King Air 350i price is $4,495 per hour and the Citation Excel/XLS price is $7,495 per hour, both including 7.5% FET. Wheels Up includes deicing in its pricing and offers guaranteed WiFi. In terms of what to expect for the Citation X, as a comparison XOJET sells the X $8,500 per hour including FET.
Wheels Up Brings Cost Of Private Air Travel Down. The Wheels Up model anticipates members will fly 20-30 hours a year, at a cost of $100,000 to $125,000. Take two golf foursomes from New York to Hilton Head (or a business team to Atlanta for the day) and the cost per passenger round-trip is about $2,000.
Wheels Up offers cut-price private flying. Costs are much lower than for those for jet fractional schemes. Membership for the first year including joining fee is $15,750, with an annual fee from the second year of $7,250. The hourly rate for the King Air is $3,950, with no other fees on top.
Hours, Memberships, and Pricing. Wheels Up also offers a pre-purchase block, available in increments of $50,000, $100,000, $200,000, and $400,000, which unlocks access to additional guarantees, fewer peak days, and other benefits; the cost of each flight is deducted from the block.
Everything you ever wanted to know about: Wheels Up By Corporate Jet Investor Staff March 18, 2015 11:35 Your best online resource for Wheels Up, a member’s club for the private aviation community, led by Kenny Dichter, the founder of Marquis Jet.
Wheels Up Expands Nationally. Wheels Up has a unique pricing structure that is proving popular with members, who pay an up-front annual fee and hourly rates for airplane usage with guaranteed availability. Pricing for flying on Wheels Up King Airs requires a one-time payment of $15,750, which drops to $7,250 annual in subsequent years. Members then pay $3,950 per hour.
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