NetJets Pauses Jet Card Sales as Demand Outpaces Supply

 - August 26, 2021, 12:19 PM

NetJets has “temporarily paused” all jet card sales to “prioritize the exceptional experiences we promise to deliver,” NetJets president of sales, marketing, and service Patrick Gallagher said in a letter to employees earlier this week. This expands on the company’s move last month to similarly pause sales of fractional shares, leases, and jet cards for the Cessna Citation XLS and Embraer Phenom 300 due to “unprecedented demand within the private travel industry.”

Under this latest action, all requests for the NetJets Card Program will be placed on a waitlist, though Gallagher said current pricing will be secured for those joining the waitlist. "In other words, if the pause on cards extends into 2022, anyone on the waitlist will be grandfathered in at 2021 rates and terms by simply executing the agreement with no money down,” he explained.

With the industry seeing record-high flight demand, “It comes as no surprise that those looking to fly private want to fly with NetJets,” Gallagher said. “Despite taking previous actions to slow our sales process, we have continued to see the interest in NetJets accelerate. Having by far the most experience…gives us the knowledge and confidence to navigate times like these and protect the travel experience for the long term.”