JetASAP, the only live private charter marketplace connecting flyers directly to aircraft operators to book their charter flights, has announced its latest charter activity report. The analysis includes data from over 20,000 charter operator quotes during the time periods. Charter aircraft hourly rates for Q1 2024 dropped an average of 7% over Q4 2023 and YOY rates for the quarter dropped 5%. March 2024 hourly rates month over month decline an average of 7%.

JetASAP, the only live private charter marketplace connecting flyers directly to aircraft operators to book their charter flights, has announced their latest charter activity report. January 2024 shows the industry’s annual cycle of decreasing charter rates in the New Year with an average decline of 10% overall.