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Fuel surcharges no deterrent to charter jet demand.

Publication: Business Travel News
Publication Date: 17-OCT-05 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Fuel surcharges imposed earlier this year by charter jet firms as a result of steadily increasing jet fuel prices--even before Hurricanes Katrina and Rita disrupted fuel production--have done little to lessen corporate interest in chartered jets as an alternative to mainstream commercial travel.

Weymouth, Mass.-based Sentient Jet on Aug. 1 implemented a fuel surcharge that amounts to $225 per hour for light jets, $300 for midsize jets and $400 for large jets, said chief marketing officer Kevin Vaughan. "We were the last national company to implement a surcharge," he said. "It got to the point where, instead of paying 100 percent of the fuel for our members, we needed to go to paying the vast majority."

Vaughan called the surcharge "nominal" and added, "That's significantly less than national competitors. We...

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