How to upgrade to a private jet for $300 -

How to upgrade to a private jet for $300

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(Credit: Michael Calloway/CNN) A Delta Airlines jet sits on the tarmac at the Atlanta Hartsfield-Jackson International Airport. (Credit: Michael Calloway/CNN) A Delta Airlines jet sits on the tarmac at the Atlanta Hartsfield-Jackson International Airport.

By Kathryn Vasel

NEW YORK (CNNMoney) -- Getting bumped up to first class is good. But upgrading to a private jet is even better.

Delta Private Jets, a subsidiary of the airline, will soon offer some travelers the chance to upgrade their commercial ticket to fly on a private jet that would otherwise be traveling empty.

Private jets often travel empty when they have to drop passengers in one city and then pick up the next paying customer in another city.

"Say we had 50 flights today, those flights would generate 30 to 31 empty legs throughout the country," said David Sneed, chief operating officer at Delta Private Jets. "We don't make any money on those legs."

Until now.

Elite-status passengers headed to the same city as an empty private jet can now upgrade. But it will cost them: around $300-$800. And as demand increases, Sneed said so could prices.

Still that's a pretty good deal. At Delta Private Jets, an hourly rate for a midsize jet can start at $6,700.

Only already-ticketed Delta fliers are eligible to upgrade, and there's a hierarchy. Fliers with Delta Private Jet Cards, which start at $100,000, get priority. The hierarchy then moves down the four tiers of Delta's Medallion program for frequent fliers.

To achieve Silver, the lowest level Medallion status, travelers must fly 25,000 miles or take 30 flight legs this year, and also spend $3,000 at Delta. "My sense is we won't see a lot of Silver Medallions get the opportunity to upgrade," said Sneed.

Eligible travelers will get an e-mail with the upgrade at least 24 hours ahead of their flight, and will have until 6:00 the night before their departure to accept. Once a flier has accepted the upgrade, only other tickets that were purchased along with it can also get an upgrade.

The program hasn't launched yet, but Sneed said it could go live as early as this week.

It's a win-win for Delta: It will expose more people to the luxury of flying private while offsetting the cost of the empty legs, and the airliner can resell the now-upgraded passenger's commercial ticket.

Delta Private Jets has 66 aircrafts in its fleet in various sizes and ranges, and will fly in and out of 52 cities under this new program, but there are plans to expand, said Sneed.

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