Israel Slodowitz
speaker
896 appearances
1 recordings
1 series
first heard Jun 2026
last heard 20 Jun
Israel Slodowitz’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Jun 2026 with 1.
Appearances
And then they'll upgrade to what's called jet card.
I'll explain to you what a jet card is.
A jet card is essentially prepaid charter.
So you're giving a deposit to somebody
And they are essentially sourcing charter for you at a fixed price.
So rather than one day paying $12,000 and the next day paying $24,000, they'll charge you $18,999, right?
And you'll pay for both flights $18,999.
So actually, you're actually paying a little bit more than you would have paid during charter, but you at least know when you want to fly, it's going to cost you $18,999.
So you're really getting...
essentially more expensive charter.
And also, Jet Card is typically where you'll first maybe get a taste of a NetJets or a FlexJet type of experience, because they offer Jet Card services as well.
So that's typically where you'll maybe first enter into the bigger leagues of flying private.
So fractional comes in really at the next step, right?
So fractional, so maybe you flew some charters and didn't like that you kept getting different airplanes and different prices.
You got a jet card and you just gave them a massive deposit and you realized it wasn't that much better than charter.
So you decide, okay, now I want to like maybe move to the ownership side of the aisle.
And fractional is really on the ownership side of the aisle.
So the main difference between the two is that on the fractional side,
you are carrying the residual risk of the plane.
So if the airplane depreciates, the cost of the depreciation, the cost of capital is essentially on your dime, not on the charter company's dime.
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