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, a directory of charter operators, and our Aircraft Buying Guide then sign up for membership.
The latest news and research on private jets and aircraft is included below.
SherpaReport recently noted how private operator XOJET Aviation had been able to retain all staff during the coronavirus downturn. Now they’ve gone one step further. As demand has increased, the company has not only taken on an extra 40 new pilots; they have also added several new aircraft to their fleet. We spoke with COO Kevin Thomas to learn more.
The large private jet operator, Qatar Executive, has launched a pre-purchase fixed-hourly rate jet card type program called The Diamond Agreement. This provides access to Qatar’s fleet of long-range and ultra-long-range private jets.
Commercial aviation is experiencing a dramatic drop in demand due to the coronavirus pandemic, and the ongoing uncertainty leaves many industry insiders wondering when things will get back to normal. This downturn has also carried over to manufacturers like Boeing, whose 777X long-haul jets are being delayed. But at the same time, private aviation companies are seeing an uptick in demand. One of these, VistaJet, recently took delivery of its first Bombardier Global 7500, the largest and longest range business jet in production. SherpaReport spoke to VistaJet’s Chief Commercial Officer Ian Moore about the company’s new fleet.
The private jet charter platform has launched a fixed hourly rate jet card for frequent flyers, after seeing a surge of interest in private jet travel following the COVID-19 outbreak. Card holders can also fly in the USA through a partnership with sister company Sentient Jet.
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.