BlackJet: Fly private for less

At Teterboro Airport in New Jersey, BlackJet CEO Dean Rotchin spoke with CNNMoney aboard a private jet known as the Challenger 300. It seats eight passengers and would normally cost upwards of $20,000 for a coast-to-coast flight. Using BlackJet, a customer can book a seat on the plane for $3,500. It's not cheap, but it's far less than the going price for the whole plane. BlackJet's goal is to sell enough seats to profit from the flight. Even if the plane doesn't fill up, any ticket you purchase is guaranteed.Right now, BlackJet's service is limited to flights from New York, Florida, San Francisco and Los Angeles.  BlackJet charges members a $2,500 annual fee, but it's waiving that fee right now for many of its early adopters. I think that this is a good idea because it will be able to cut fuel and travel costs.