Amidst rising prices, restricted customer access, and limited service areas by other industry providers, Magellan Jets is taking a different approach. Leveraging its robust and sustainable business model, the Boston-based private aviation solutions provider is introducing a range of program enhancements that prioritize its clients and position itself as the top choice for private aviation solutions in 2023 and beyond.
Unlike competitors, Magellan Jets employs an asset-light business model that ensures consistent profitability and a 35% year-over-year revenue growth, enabling them to make these customer-focused changes while maintaining competitive rates. In fact, their rates are 20-40% lower than other leading providers, making Magellan Jets the go-to choice for clients who prioritize value and quality service.
As a customer-first company, we’re excited to provide more value across our entire portfolio and offer our guests the strongest private aviation solutions. The private aviation market has opened back up, and Magellan’s client-centric program and robust infrastructure enable us to make these pivots on behalf of our customers. – Joshua Hebert, Magellan Jets CEO and Founder
Magellan Jets has implemented a series of program changes that are already in effect. These changes are designed to offer clients even greater value and flexibility, and they include:
- Lower hourly flight rates for all jet card programs and memberships, making private aviation more accessible to a wider range of clients.
- Reduced initiation and renewal dues on its jet membership programs, helping clients save on costs without sacrificing quality service.
- Reintroduction of its highly sought-after entry-level Light Jet Card, providing clients with more options for their private aviation needs.
- Inclusion of Wi-Fi on its Phenom 300 Jet Card, offering an enhanced private aviation experience for clients who prioritize connectivity.
Magellan’s agility in responding to market demands has been a key factor in its sustained competitiveness and profitability for the past decade. This adaptability has allowed the company to continue offering its programs even when other providers suspended their operations. As a result, it has achieved exceptional client satisfaction, with retention rates exceeding 90% year over year and an impressive 93% average Trip Perfection Rating in 2023.