April 24, 2024
U.K.-based Air Partner is reporting strong increases in jet card sales at home and here in the U.S.
There was a 54% increase year-on-year in the number of jet cards sold and renewed in February and March on this side of the pond. Deposits from new customers were up 450% year-on-year to £300,000 (about $411,000).
Total JetCard deposits from both new and existing customers. They amounted to approximately £1.4 million, up 30% compared to last year’s same time, when Covid-19 travel restrictions were starting to be introduced.
The company said, “…leisure travelers are increasingly preparing for the easing of travel restrictions and looking to secure flexible and safe travel.”
The U.K. saw a 15% increase year-on-year in the number of JetCards sold and renewed during the same period. Air Partner gained £750,000 of JetCard deposits from new customers in the period
Deposits from new and existing customers in the period totaled £1.6 million, up 20% from the same timeframe in 2020.
Air Partner has seen demand recover faster for its JetCard product than ad-hoc flying.
“The U.S. private jet market is one vast, domestic market, so it has not been subject to the types of restrictions and national lockdowns that we have seen in the U.K. and Europe. As a result, the skies have remained open, and we have seen sustained private leisure flying from high-net-worth individuals in the region. It is no surprise to see this demand continue, with our new customers from February and March making particularly significant deposits for future travel,” noted Air Partner CEO Mark Briffa.
He continued, “In a very encouraging sign, this has also been the case in the U.K. as confidence returns to this market ahead of the anticipated easing of restrictions. The pandemic has really shone a light on the benefits of our JetCard product. For those who are able to reserve private flying hours in advance, it offers unparalleled flexibility and access to a private jet at very short notice. This means it is proving very popular among customers who want to know they can travel easily and safely when lockdown restrictions lift.”
