Until now, private jets have been an expensive mode of transportation, their use limited to the wealthy and the top management of major corporations.

Fractional ownership programs for a jet start at about $90,000 and go as high as $12 million per year. To that, add monthly fees of $9,000 to $125,000 and hourly operating costs of $1,200 to $3,000.

Chartering a jet, while a less expensive option, still costs about $2,000 to $11,000 an hour. Even a short round trip trip from LA to San Francisco on a charter will cost up to $13,000.

And the airlines? First class fares on domestic trips can run to several thousand dollars, plus the considerable cost of delays, cancellations and stress.

Compare these prices with Jumpjet's Silver membership at just $2,000 a month. For the first time, private jet travel can truly be called affordable and within the reach of discriminating business and leisure travelers.