With the well documented issues in commercial flying more and more people have found reasons to turn to private aircraft.
There are a variety of options to consider. The starting point is how often you want to fly privately.
Once you reach about 50 hours of flying a year then fractional aircraft ownership can start to make sense and above 300 or so hours per year whole ownership is worth looking into. Here is some core information to help you understand the options.
All of the major providers have expanded over the last few years. Many now offer a wide range of products and solutions to meet the needs of various clients. If you're looking at the different options and would like a good general overview then download our free Guide to Private Aviation, which includes details on charter, jet cards and fractional ownership. For detailed side by side comparisons of the leading jet card and fractional providers, and a directory of charter operators, then sign up for membership.
The latest news and research on private jets and aircraft is included below.
As the world comes to terms with the “new normal” of the coronavirus pandemic, business seems to be booming in the private aviation industry. Recent reports from Air Partner, NetJets and Sentient have shown a marked rise in flight bookings. Now, international broker Air Charter Services (ACS) has reported a 75% increase in inquiries during the months of May and June compared to the same time last year. Although July figures were not available at the time of writing, a glance at the first two weeks of the month suggest that this trend is likely to continue.
Just a few month ago, as the covid pandemic struck, NetJets said it was delaying aircraft orders and furloughing European staff, because flight volumes were depressed. But, in the space of a few months, things have turned around significantly in both North America and Europe. The fractional and jet card provider is now seeing “a steady increase in flight activity and a promising outlook for growth.”
Directional Aviation has launched FXAIR, the newest member of its family of private jet travel providers, which will specialize in premium charter on-demand. The launch was originally planned for later in 2020, but was brought forward with the rebounding demand for private aviation.
Jet Linx, a leading private jet management and jet card membership company, has continued its expansion in the New York, New Jersey and Connecticut tri-state region by purchasing Meridian’s Aircraft Management and Air Charter business.
Private Aviation Company Magellan Jets is expanding its product portfolio with the launch of two new pay-as-you-go membership programs. In the age of coronavirus and uncertainty about commercial flying, these new offerings are partly aimed at new private flyers who are transitioning from commercial first- and business-class.
Sentient Jet is among those private aviation companies seeing a surge of new business as a result of the global coronavirus pandemic. A recent study reveals that more than 50% of the company’s current business is from new clients. The findings reflect an industry-wide increase in demand for private aviation, due to broader concerns about the safety of commercial air travel.
As COVID-19 travel restrictions begin to ease worldwide, private aviation provider Air Partner announced last week that it has seen a marked increase in bookings. According to the Fort Lauderdale-based company, requests for future flights booked during May 2020 showed a surge of 210% compared to flight requests in the same time period last year.
As businesses consider reopening after the coronavirus shutdown, attention is turning to health and safety protocols. This roundup details the measures being taken by private aviation companies to provide a safer environment for passengers and crew alike. We will update it as more information becomes available and as circumstances change.