Costco selling $17,500 subscription to Wheels Up private jet service(usatoday.com)
usatoday.com
Costco selling $17,500 subscription to Wheels Up private jet service
https://www.usatoday.com/story/money/2020/11/14/costco-wheels-up-private-jet-subscription/6295383002/
5 comments
Interesting, you’re still paying about $5k an hour from what I can see though. If you want to fly private and can afford it, it’s possibly a good deal.
So that is the base price including 4k in credits for flights, presumably each trip costs add'l funds?
[deleted]
The base appears to be $10k and you let Costco hold onto $7.5k of your money.
There's various tiers of private jet service, from NetJets at the top to Wheels Up at the bottom.
I would compare Wheels Up to a condo timeshare, kind of.
You would have to do a fair amount of research to decide if Wheels Up is worth your while.
The Good
- smaller planes means cheaper flights
- two pilots
- the social features allow interesting things like common destinations and airport transportation, which would be great for sports fans, etc.
The Bad
- it appears Wheels Up is trying to package seats with multiple clients on the same flight (not so private)
- most of the planes aren't owned/leased by Wheels Up
- NetJets has a working business model, most smaller services don't
- $15,000 first year (plus time), $8,500 second year (plus time)
Source: commercial pilot who follows the trade press.
I would compare Wheels Up to a condo timeshare, kind of.
You would have to do a fair amount of research to decide if Wheels Up is worth your while.
The Good
- smaller planes means cheaper flights
- two pilots
- the social features allow interesting things like common destinations and airport transportation, which would be great for sports fans, etc.
The Bad
- it appears Wheels Up is trying to package seats with multiple clients on the same flight (not so private)
- most of the planes aren't owned/leased by Wheels Up
- NetJets has a working business model, most smaller services don't
- $15,000 first year (plus time), $8,500 second year (plus time)
Source: commercial pilot who follows the trade press.