Start-up Jumpjet officially debuts its new private jet service today. The company is launching a drive for new members as the company aims to fill a niche that its founder says falls somewhere between fractional jet ownership and the market for first-class fliers on traditional airlines.
Jumpjet members pay a $550 initiation fee that covers administrative costs and the price of vetting potential members against the government’s “no-fly list.” If approved, members choose from one of three packages, the cheapest of which starts at $2,350 flights per month.
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