Business
4:30 pm
Tue December 7, 2010

Company Will Let You Rent Private Jet For $999

It might be too down market for the ultra-rich who read magazines like Elite Traveler and JetSet, but those who live off a mere seven-figures a year may be interested in a new service coming to Austin-Bergstrom International Airport.

Long Beach, California-based JetSuite announced today it is expanding service to Texas on December 15. Their cheapest fare, $999, lets you rent an entire plane for travel between Austin, Dallas-Fort Worth, Houston, or San Antonio.

JetSuite would also fly to rural areas like Marfa, for example. And frequent travelers can get volume discounts by depositing "as little as $25,000" with the airline.

JetSuite's CEO was on Fox Business last month explaining the company's business model.

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