What is the Salary of a Private Jet Charter Broker?
A career as a private jet charter broker is exciting and rewarding. Charter brokers help both clients looking for flights and aircraft operators by bringing these two groups together, as the National Business Aviation Association explains.
Offering exceptional service and keeping clients safe as they travel is very enjoyable — it feels good to help people safely and comfortably reach their destinations.
With the right business plan and professional strategy, working as a private jet charter broker can be lucrative, too. All of the effort that goes into managing charter air travel can certainly pay off.
So, what is the average private jet charter broker salary? How much do these professionals make, and what factors can affect their income? Keep reading to learn more about charter brokers for private jets salaries and compensation.
How Much Does a Private Jet Broker for Charter Flights Earn?
Key Factors That Influence Private Jet Charter Broker Salaries
As charter jet agents ourselves, we feel it’s important to point out some of the factors that influence private jet charter broker salaries before diving into the numbers. A little context can help you better understand the earning potential and salary considerations that come with this role.
One of the most important factors in compensation for private jet charter brokers is commission. Private charter jet broker salaries aren’t pure salaries in the technical sense. It’s rare for a broker to only earn a pre-set amount of money each pay period with no variation.
Instead, most charter brokers earn either commission — check out this full explanation of commission pay from Indeed for more — or a combination of commission and salary. That makes sense, considering charter jet brokers succeed (or fail) based on their ability to connect clients with safe, suitable, and comfortable air carriers and aircraft.
It’s certainly helpful to average out a year’s worth of commissions and supplemental pay into a salary to understand the expected earnings for the charter jet broker role. Just remember that commission-based pay is more variable than a salary. It varies month to month and rewards brokers who can best meet the needs of their clients and effectively serve a larger number of them.
Here’s another important factor to keep in mind: Charter brokers don’t all have 40-hour workweeks. Some put in long hours to help as many clients as possible. Others have more of a part-time schedule, mainly or exclusively serving long-term clients. The number of hours worked and, especially, the number and types of flights booked have a major influence on earnings.
Average Earnings for Private Jet Charter Brokers
With the many factors that can influence private jet broker salaries in mind, let’s look at the average earnings for these professionals.
ZipRecruiter tells us that, based on data from job postings on its site and other sources, private charter flight brokers earn about $72,500 as a yearly salary equivalent. Assuming a 40-hour work week and two weeks off a year, that translates to roughly $1,450 per week and $36 an hour.
That average salary for private jet brokers is significantly more than the average for all workers across the US. The US Bureau of Labor Statistics tells us that, among full-time workers in the country, median weekly pay is $1,117. That comes out to roughly $58,000 per year.
There are no guarantees when it comes to earning money in a commission-based role. However, these figures can help you understand what a typical private jet charter broker earns and how it comes to the US workforce as a whole.
Private Jet Charter Broker Salary vs. Private Jet Salesman Salary
For a more industry-specific comparison, let’s look at a somewhat related role. Specifically, private jet salespeople.
These professionals are also called private jet brokers. They deal with the buying and selling of private jet aircraft)
The average salary in private jet sales can also vary greatly. That’s due to the job being largely based on commission and variations in how much these professionals work, among other factors.
That said, the average jet broker salary is about $66,700, according to ZipRecruiter. While somewhat lower than the average pay for charter jet brokers, it’s in the same ballpark.
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