ClipperJet will sell private jet packages between New York and L.A.

In another sign that times are good again, a new company called ClipperJet wants to bring private jet travel to the masses -- at least the masses with a lot of money.

ClipperJet is planning to use Gulfstream IVs to shuttle passengers between New York and Los Angeles. It won't sell tickets but will instead work on the membership model, similar to what Surf Air is doing with flights within California. 

Flights will be offered between Van Nuys Airport near Los Angeles and Teterboro Airport in New Jersey, near New York. 

"There is nothing like this available and we are very confident that business travelers and other frequent fliers who travel regularly between New York and LA will realize the amazing value and top-quality service that ClipperJet has to offer,” CEO James Occhipinti said in a release.

The company says it will accept only 90 members in each city for its first wave. You'll have two choices of membership.

Will you buy a ClipperJet membership? Will anyone? Photo: ClipperJet

Will you buy a ClipperJet membership? Will anyone? Photo: ClipperJet

1. Individual

  • $9,700 per month
  • 4 reservable one way tickets per month
  • Guest Accommodations reservable within 7 days before departure
  • Unlimited 24 hour standby availability after monthly allocation has been used
  • Guaranteed flight availability within 7 days or ClipperJet will purchase a first class ticket on any major airline for you

2. Corporate

  • $14,700 per month
  • 6 reservable one way tickets per month with maximum of 3 per flight
  • Unlimited 24 hour standby availability for 1 pre-designated employee
  • Guaranteed flight availability each week or ClipperJet will purchase a first class ticket on any major airline for the pre-designated employee
  • Limited to first 18 memberships

What do you think? Can this company possibly make it? And even if it does succeed in the short term, what happens when fuel prices rise again?