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Procurement Market Intelligence Report

Aircraft Charter Services Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Aircraft Charter Services?

What is the average price of Aircraft Charter Services?

This procurement report includes pricing information to help you purchase Aircraft Charter Services. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.

Has the price of Aircraft Charter Services been rising or falling?

Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.

I’m not ready to purchase Aircraft Charter Services yet. Will I pay more if I wait too long?

We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.

What other costs are associated with purchasing Aircraft Charter Services?

Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Aircraft Charter Services with a reduced risk of unexpected costs.

See how we display average pricing information, trends and market data.

Find the vendor to meet your needs

Where can I purchase Aircraft Charter Services?

Market share concentration is low among aircraft charter service suppliers, with the top four vendors accounting for less than 30.0% of total market revenue. About 3,450 suppliers offer aircraft charter services in 2018, most of which are small and have a market share of less than 1.0%. More than half... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Pilots

What are the credentials of the pilot that will operate my flight?

How often do the carrier's pilots receive training?

Is training conducted in a simulator or in an aircraft?

Does the carrier's training program exceed the FAA's minimum training requirements?

Experience

How many flight hours does my plane's crew have?

Does my plane's crew have significant experience taking off and landing at difficult airports (e.g. mountain airports or those that abut bodies of water)?

What are the carrier's limits on crew flight time?

How long have you been in business as a broker of charter flights (if applicable)?

How long has the carrier been in business as a charter operator?

Insurance

What are the insurance limits for different planes in the carrier's fleet?

What company issues the carrier's insurance policy?

Can I be provided with a certificate of insurance that confirms coverage for the plane I will fly aboard?

Will the carrier name a passenger as an additional insured?

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Key elements for every RFP

What should my Aircraft Charter Services RFP include?

Project Budget

Buyers should indicate the budget for their contract.

Buyers should request a detailed breakdown of prices that they can expect to pay.

Buyers should indicate their preferred method and frequency of payment.

Selection Criteria

Buyers should give preference to vendors have a favorable reputation and ample experience operating within the market.

Buyers should consider vendors that have a sufficient fleet and can offer all of the necessary amenities and additional services required.

Buyers should favor vendors that are willing to ensure priority in the event of competing clients.

Buyers should consider vendors that are able to meet their budget requirements.

For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers should include the timeline for submitting proposals

Buyers should indicate the date when contracts will be awarded.

Buyers should indicate the date by which they expect services to begin.

Evaluate major factors to mitigate risk

How risky is the Aircraft Charter Services supply chain?

Supply chain risk is medium in the market for aircraft charter services. Gasoline wholesalers and bulk stations pose the highest level of risk to suppliers in this market, due in part to the extreme volatility in the price of oil. Carriers institute fuel surcharges, which are nonnegotiable, when fuel costs... Subscribe to learn more.

HIGH

MEDIUM

LOW