Growing charter operator Global Air Charter based at STP St. Paul, MN has become the latest of a growing number of floating fleet operators, chartering the below 16-passenger Gulfstream IV-SP and 12-passenger Gulfstream IV with one-way pricing. Global’s charter fleet also includes a 12-seat Gulfstream III and a Citation Mustang. Floating fleets are a prominent and growing segment in private jet charter, noted below.
Global Air Charter’s 16-passenger G-IV SP, YOM 1993, YOR 2014, free domestic WiFi:
With the update, the FlightList PRO Floating Fleets resource now includes 27 charter operators with 316 jets dedicated to point-to-point pricing, with the ability to request quotes from multiple selected operators at once. Aircraft types run the gamut of business jets, from light jet to heavy and long range jets. With the update, below are the totals by category of charter jets available in the U.S. for point-to-point pricing:
- 90 light jets
- 77 midsize jets
- 76 super midsize jets
- 73 Heavy and long range jets
Charter pricing with floating fleets can be quite advantageous for one way needs or round trips over many days. Cancellation terms can vary and be stricter with the pricing advantage and the logistics of point-to-point charter flying. Most operators are non-cancelable inside 72 hours from scheduled departure while some are shorter or even immediately upon booking. With this typical business model, most floating fleets are owned by the operator or are under management agreements whereby separate ‘owner approval’ is not required. Ages of floating fleet aircraft, much like traditional charter fleets, vary from brand new production line aircraft to manufacture dates in the 70’s or 80’s. All listed operators have at least one independent auditor safety rating, and more than half have 2 or more of the top ratings; ARGUS Platinum, Wyvern Wingman and ISBAO Registered.
Global Air Charter 12-passenger G-IV, YOM 1989, YOR 2014, free domestic WiFi:
Source: company announcement
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