Jet University Flight School Information

The Official Publication of the Jet University Student Alumni Association

ATP STUDENTS GET FUEL REBATES.  JET U STUDENTS DON'T!

12/30/2008 While Jet University continues to add fuel surcharges to the students bills, their biggest competitor, ATP Flight Training, is now giving their students up to $2500 rebates because the cost of fuel has now dropped to the $4.00-$4.50 range from the $6 plus range last summer. 

Fuel is now at the lowest price in 18 months!

Since fuel is now at the lowest price in 18 months, you would think that JETU would eliminate the fuel surcharge since they are now paying less per gallon than the day that ANY OF US signed our contracts or started attending school. Remember they did promise to do this when they put the fuel surcharges in place.

Sadly, that is not the case and JET U is still charging a fuel surcharge as of 11/20/08. 

YOUR BASELINE FUEL PRICE SHOULD BE BASED UPON THE PRICE OF FUEL ON THE DATE YOU SIGNED YOUR CONTRACT WITH JET UNIVERSITY.   TALK TO YOUR ATTORNEY ABOUT THIS.

BANYAN FUEL PRICES

Jet University purchases their fuel from Banyan Aviation located at KFXE.  Keep in mind that these are the retail published prices at Banyan and Jet University pays LESS than the published prices.  This means that the cost difference per gallon purchased by Jet U will be less.  Prices are all for 100LL Aviation Fuel

Date              Banyan Price per gallon        JetU Charges Students*

06/08/07                                $5.05                                                        

06/27/07                                $5.05

07/19/07                                $5.20

07/27/07                                $5.15             

08/06/07                                $5.05                                           

08/10/07                                $5.12

08/17/07                                $5.00

09/07/07                                $5.20

09/19/07                               $5.20

10/15/07                               $5.20

10/22/07                               $5.20

11/09/07                               $5.45

11/16/07                               $5.45

11/21/07                               $5.45

11/30/07                               $5.45

12/05/07                               $5.20

12/14/07                               $5.20

12/21/07                               $5.25

01/04/08                              $5.30

01/11/08                              $5.50

01/18/08                              $5.45

01/25/08                              $5.35

02/01/08                              $5.35

02/08/08                              $5.30

02/29/08                              $5.35

03/07/08                              $5.40

03/14/08                              $5.50

03/18/08                              $5.60

03/28/08                              $5.60

04/04/08                              $5.80

04/22/08                              $5.85

05/02/08                              $6.00

05/09/08                              $6.00

05/13/08                              $6.15

05/30/08                              $6.20

06/10/08                              $6.15

06/17/08                              $6.20

06/27/08                              $6.20

07/04/08                              $6.25

07/15/08                              $6.20

07/22/08                              $6.15                                             $8.76

08/01/08                              $6.00

08/08/08                              $6.00

08/15/08                              $5.95

08/22/08                              $5.95

08/29/08                              $5.95

09/05/08                              $6.15

09/09/08                              $6.10

09/19/08                              $6.10

09/23/08                              $6.20                                            $8.86

10/03/08                              $5.85                               

10/10/08                              $5.55

10/17/08                              $5.05

10/24/08                              $4.80

10/31/08                              $4.65

11/07/08                              $4.45

11/14/08                              $4.40                                             $6.65     

11/21/08                              $4.30                                             $6.55

12/06/08                              $4.27                                             $6.43

12/24/08                              $4.12                                            

01/03/09                              $3.92                                             $6.03

03/19/09                              $4.32                                             $5.53

PLEASE E-MAIL IN THE FUEL SURCHARGES TO:  JETUSTUDENT@GMAIL.COM SO WE CAN CONTINUE TO POST THEM!

*Because Jet U charges a different price per gallon depending on the plane flown, this price is based upon the DA40 aircraft and is the effective price that students are being charged. (Banyan fuel published fuel price plus the JetU student fuel surcharge=effective price)  The DA40 fuel burn is calculated at 9 gallons per hour.    

Keep in mind that any fuel surcharge is extra money to Jet University.  Most of the planes are on leaseback and this is an effective way to increase the hourly cost of the plane without having to share, or pass the revenue back to the owner of the aircraft.  So the owners of the aircraft are also on the short end of JetU here.

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