Start-up private aviation charter broker Jettly this week launched a new, no-commission model for selling on-demand charter flights. The six-person operation is headed by Internet entrepreneur Justin Crabbe, and he says, by stripping out the commission, he hopes to make buying private jet charters easier. Right now, he says, with the amount of markup or commission brokers tack onto the price from operators, consumers are inclined to call multiple brokers in an attempt to “get the same airplane for less money.”
U.K.-based online focused charter broker Victor has taken a similar approach with a fixed markup and recently said it has grown sales to $39 million last year with the goal of hitting $60 million for 2017. Earlier this month it said it had raised $10 million from BP Investments to help fund its continued growth and expansion.
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