Comments on: Private Jets : To Own or Charter http://airtim.es/jet-airplane/private-jets-to-own-or-charter Thu, 18 Feb 2010 13:05:59 -0600 http://wordpress.org/?v=abc hourly 1 By: captsead0nkey http://airtim.es/jet-airplane/private-jets-to-own-or-charter/comment-page-1#comment-4278 captsead0nkey Mon, 09 Nov 2009 22:43:59 +0000 http://airtim.es/jet-airplane/private-jets-to-own-or-charter#comment-4278 Broker Fees are typical 5-10% of the a/c cost for charter. Most brokers have a Tariff for ground handling and trucking costs, and sometimes they make extra money on these as the actual cost is less than tariff. But they also lose money on these tariffs too, as some places are more expensive than others. The reason that companies use brokers, is that they have access to large amount of carriers, ground handlers, trucking companines. This provides usually the best price for service, and brokers are knowledgeable and in some cases have legal authoirty to submit paperwork for their customers to customs such as entries andshippers export declaritions. This makes it much easier for a company to charter an aircraft as the broker takes care of all the trucking, ground handling, and customs requirements for that shipment, but in turn they charge a fee. It would be a large amount of work to find and arrange all that yourself in a small amount of time.<br><b>References : </b><br> Broker Fees are typical 5-10% of the a/c cost for charter. Most brokers have a Tariff for ground handling and trucking costs, and sometimes they make extra money on these as the actual cost is less than tariff. But they also lose money on these tariffs too, as some places are more expensive than others. The reason that companies use brokers, is that they have access to large amount of carriers, ground handlers, trucking companines. This provides usually the best price for service, and brokers are knowledgeable and in some cases have legal authoirty to submit paperwork for their customers to customs such as entries andshippers export declaritions. This makes it much easier for a company to charter an aircraft as the broker takes care of all the trucking, ground handling, and customs requirements for that shipment, but in turn they charge a fee. It would be a large amount of work to find and arrange all that yourself in a small amount of time.
References :

]]> By: Reactivity http://airtim.es/jet-airplane/private-jets-to-own-or-charter/comment-page-1#comment-4277 Reactivity Mon, 09 Nov 2009 22:41:59 +0000 http://airtim.es/jet-airplane/private-jets-to-own-or-charter#comment-4277 Yes, the industry standard discount given to brokers is 5%. That's where the broker makes their money. It's possible, but not likely, that the broker would mark the price up any more than that. Why would anyone pay more to a broker if they can get the flight from the charter company for less? Credit cards fees vary widely depending on a number of factors. I recommend searching on terms like "merchant account".<br><b>References : </b><br>Years of experience in the charter business. Yes, the industry standard discount given to brokers is 5%. That’s where the broker makes their money. It’s possible, but not likely, that the broker would mark the price up any more than that. Why would anyone pay more to a broker if they can get the flight from the charter company for less?

Credit cards fees vary widely depending on a number of factors. I recommend searching on terms like "merchant account".
References :
Years of experience in the charter business.

]]> By: itschrisk http://airtim.es/jet-airplane/private-jets-to-own-or-charter/comment-page-1#comment-4276 itschrisk Mon, 09 Nov 2009 17:39:48 +0000 http://airtim.es/jet-airplane/private-jets-to-own-or-charter#comment-4276 <b>What is the "broker margin" for private jet charter?</b><br>Ive heard that charter brokers get an industry 5% discount that they absorb. But what do they usually take on top of that? Also, if the buyer uses a credit card, what is the service fee if any? Thanks! What is the “broker margin” for private jet charter?
Ive heard that charter brokers get an industry 5% discount that they absorb. But what do they usually take on top of that? Also, if the buyer uses a credit card, what is the service fee if any?
Thanks!

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