Block Rates

What Are Block Rates?

A block rate refers to a price for a pre-paid set of hours of flight time for a jet charter. Block rates are purchased with an upfront deposit, but guarantee the traveler a fixed rate for the private jet charter. Pre-paying for a set of hours usually results in a lower price because prices can fluctuate depending on market conditions. As demand for private jet charters increase, so, often, do the prices. Clients who have pre-paid for their flight hours are guaranteed to retain that block rate, even if the price later rose.