Florida based charter brokerage, Airstream Jets, announced a new jet card concept with the launch of its Distance Card, with pricing based on distance flown rather than hours, according to a company press release.

“The Distance Card pricing model is revolutionary for its simplicity and flexibility. There is nothing else like it on the market. All other jet cards offer only the hour-based pricing model in some form or another. The level of flexibility and cost transparency the Distance Card provides is unprecedented” said Airstream Jets CEO, Pete Maestrales.

Each trip is billed according to distance traveled using a formula (Total Miles Flown x Price Per Mile = Total Cost) based on a tiered price per mile system where mileage rates decrease as travel distance increases.  Customers may move between aircraft categories and choose the most appropriate aircraft size for their travel on a trip-by-trip basis.

Mileage rates start at $7 per mile for small jets and with packages starting at $25,000.

Source: press release