CANCELLATION & REFUND POLICY
Last updated: May 2026
1. Definitions
- - "Booking" means a charter reservation confirmed upon receipt of deposit/payment.
- - "Operator" means a DGCA-certified Non-Scheduled Operator Permit (NSOP) holder providing aircraft services.
- - "Positioning Flight" means any flight undertaken to position the aircraft prior to passenger boarding.
- - "Force Majeure" includes weather, ATC restrictions, NOTAMs, DGCA directives, political unrest, airport closure, or events beyond reasonable control.
2. Cancellation by Client
Standard cancellation charges apply as follows:
| Time Before Departure | Retention / Refund |
|---|---|
| More than 72 Hours | 100% refund minus 5% fee or credit |
| 72-48 Hours | 20% retained (80% refund) |
| 48-24 Hours | 30% retained (70% refund) |
| Within 24 Hours | 70% retained (30% refund) |
- - After positioning commences: Positioning cost fully chargeable.
- - No-Show: 100% chargeable except documented medical emergency.
3. Delays
- - Client delay beyond 60 minutes may attract crew and FDTL costs.
- - Operator delay: JetVerse to arrange alternate aircraft or full refund.
- - Force Majeure: Only actual third-party costs chargeable.
4. Refund Timeline
Refunds are processed within 7-14 business days post reconciliation.
5. Limitation of Liability
Liability is limited to the booking amount paid.
JETVERSE FLEX PROTECTION MODEL
The JetVerse Flex Protection Model offers additional flexibility for your travel plans.
Flex Add-on Fee
5-8% of booking value.
Refund Structure (with Flex)
| Time Before Departure | Flex Refund Amount |
|---|---|
| > 24 hours | 80% Refund |
| 24 - 12 hours | 60% Refund |
| < 12 hours | 40% Refund |
Note: Positioning cost always remains chargeable even with Flex Protection.
COMPLIANCE & ARBITRATION
Arbitration Clause
Any dispute arising out of or in connection with this Agreement shall be resolved by arbitration in accordance with the Arbitration and Conciliation Act, 1996.
The seat of arbitration shall be Pune, India. The language shall be English. The award shall be final and binding upon the parties.
DGCA & NSOP Compliance Checklist
We ensure the highest standards of safety and regulatory compliance:
Valid NSOP certificate
Aircraft Certificate of Airworthiness
Insurance compliance
Crew valid license & medical
FDTL adherence
DGCA approvals for charter routes
Dangerous goods compliance
Security clearance & passenger manifest filing
GST & Invoicing compliance
Airport slot confirmation & NOTAM review