Jet card hourly rates in North America fell 1.0% sequentially in Q2 2026 compared to Q1, marking the first quarterly decline in recent years after sustained 5–6% increases. Despite this softening, costs remain up 0.4% year-over-year, reflecting long-term inflation since December 2020 when rates rose 28%. The average rate reached $11,314 per hour by end of Q2, with very light jet cards climbing 15% to $7,747/hour. This sequential drop signals potential market elasticity, possibly driven by increased provider competition or buyer shifts toward ad-hoc charter. Operators face a rare discount window while confirming persistent upward pressure in fixed-rate jet card programs across the U.S. market.