Jet card hourly rates fall to lowest level since 2023

North American jet card rates fell to an average of $10,958 per hour in Q3, according to Private Jet Card Comparisons data reported by AIN. That is down 3.1% from Q2 and 2.7% from a year earlier.

• $10,958 average hourly jet card rate in Q3 2026
• Down 3.1% from Q2 2026
• Down 2.7% year over year
• Turboprops fell 19.9% quarter over quarter to $5,022 per hour
• Rates remain 23.7% above pre-pandemic levels

Jet card buyers got some price relief in the third quarter. AIN, using Private Jet Card Comparisons data, reported that the average North American hourly rate dropped to $10,958, the lowest average since the end of 2023.

The fall was broad but uneven. Turboprops saw the steepest move, down 19.9% from the prior quarter to $5,022 per hour. Very light jets also fell, while ultra-long-range and midsize jets edged higher. The average is still 23.7% above pre-pandemic levels, so this is a cooling, not a return to old prices.

For travelers, the story is useful because jet cards sit between ad-hoc charter and fractional ownership. Lower posted rates may give buyers more leverage, but longer daily minimums can still make short hops costly. For operators, it signals a market that is normalizing after several years of tight supply and high demand.