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JET CHARTER NEWS ALERTS, BROKER-OPERATOR DIRECTORY – FLIGHTLIST PRO


CHARTER OPERATOR AND BROKER NEWS ALERTS AND CHARTER AIRCRAFT, OPERATOR AND
BROKER DIRECTORY

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WHEELS UP MEMBERSHIPS AVAILABLE FROM COSTCO

Costco Wholesale is now offering annual memberships to private flight membership
program Wheels Up on Costco.com.  Offered at $17,500.00 for an annual Core
membership, the purchaser is awarded a bonus $3,500 Costco Cash Card E-Voucher,
and a $4,000 flight credit.

Core Membership regular price for individuals is $17,500 annually and
corporations $29,500 annually (annual dues starting second year are then $8,500
for individuals and $14,500 for corporations), plus a fixed hourly price for
each hour flown – the cost per hour of getting on the King Air is $4,695 per
hour, light jets are $5,795 per hour, midsize jets including the Citation
Excel/XLS is $7,695 per hour and Super-midsize jets including their Citation X
is $9,295 per hour according to a report from the private aviation industry
resource.

By comparison charter rates for the King Air 350 average around $2,000 per hour
in the US including fees and surcharges, and charter rates for light jets
average around $4,600 per hour, the Citation Excel/XLS average $3,850 per hour
round-trip and around $6,000 per hour one-way, according to Rick Colson,
president of New Flight Charters, a nationwide leader with a best price
guarantee on every flight.  The Wheels Up program may be advantageous for those
who (1) are frequent users – more than 150 hours per year to bring the total
costs per hour down, and who (2) usually fly one-way flights or round trips over
many days, according to Colson.  “A membership fee does not mean better hourly
rates or reliability in the current market.  Look at your historical or expected
usage and compare costs as a whole or trip by trip,” he says.

FLIGHTLIST PRO ANNOUNCES THE NEW COMPREHENSIVE CHARTER BROKER DIRECTORY  FOR THE
US, EUROPE AND WORLDWIDE.  

Of note on a comparison basis, the King Air 350i requires 18% more flight time
than light jets for the same trip, therefore flight costs increase 18% to $5,068
on trip cost comparison basis to light jets.

Costco is offering the lower-level Wheels Up Connect Membership at $1,994.99.
 Featured are market rate pay-as-you-go private flight bookings, potential
shared flight opportunities and Wheels Up Signature Events.

The Wheels Up fleet includes King Air 350i turboprops, Citation Excel/XLS
midsize jets, and Citation X super-midsize jets, plus access to a variety of
light, midsize, super-mid and heavy jets,  Costco offers the Wheels Up
memberships in their section for Holiday, Gifts & Tickets > Hotels & Tourist
Attractions.

– First published in 2015, last updated 11/15/20 to reflect Wheels Up price
adjustments –

Prior Charter Alerts for Wheels Up
Wheels Up Gets $115 Million Investment From T.Rowe Price, Others
Citation Emergency, Door Opens in Flight – Live ATC recording
Wheels Up Takes Delivery of “Pink Plane In Time for October




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5 Replies
This entry was posted in Charter Broker Updates, Private Aviation Industry News
and tagged Air Charter Memberships, Air Charter News on November 15, 2020 by
FlightList PRO.


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5 THOUGHTS ON “WHEELS UP MEMBERSHIPS AVAILABLE FROM COSTCO”

 1. FlightList PRO Post authorJune 3, 2018 at 9:00 am
    
    The Wheels Up hourly rates for the King Air 350i and the Citation XLS are
    noted in the above article. $4,295 per hour in the King Air 350i and $7,295
    per hour in the Citation XLS. Yes these are on top of annual membership
    cost.
    
    
    
 2. Ernie Jergins January 31, 2019 at 3:36 am
    
    I want to fly from San Antonio to Queretaro how much would that be and how
    many people will the king air hold.
    
    
    
 3. billy devon May 9, 2019 at 2:37 pm
    
    but it is only 14 on their site?
    
    
    
 4. FlightList PRO Post authorMay 9, 2019 at 3:29 pm
    
    $17.5K is the first year membership fee. Subsequent years is $14K. Here is
    the verbiage from this Costo offer:
    
    Features: One-year Wheels Up Core or Business Membership:
    Purchase a Wheels Up Core Membership ($17,499.99) and receive $3,500 Costco
    Cash Card and a $2,500 flight credit
    Purchase a Wheels Up Business Membership ($29,499.99) and receive a $3,500
    Costco Cash Card and a $5,000 flight credit
    Upon joining Wheels Up and completing all membership agreement forms, Wheels
    Up will coordinate a “Welcome Call” with the Wheels Up Member Services team
    and arrange delivery of the $3,500 Costco Cash Card and flight credit
    
    
    
 5. FlightList PRO Post authorMay 9, 2019 at 3:31 pm
    
    The King Air 350 seats maximum 9 passengers in double-club configuration for
    8 comfortable seats, plus the rear lav seat.
    
    
    


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