May 30, 2024
Charter broker LunaJets chalked up a record-breaking year for revenues in 2022, with over 1,250 new clients.
Geneva, Switzerland-based charter broker LunaJets is reporting it exceeded $150 million in sales during 2022.
Gross revenues grew to record levels powered by a 40% increase in private jet charters.
Parent Luna Aviation Group said total group revenue was up even more, growing by 45%.
“Despite negative stock market returns, constant rising inflation, and the Russian-Ukrainian conflict, the group generated a record-breaking revenue for the year,” according to a press release from the provider.
During 2022, LunaJets organized over 12,000 flights and welcome over 1,250 new clients.
During its second year of operation, LunaGroup Charter, the commercial charter division of Luna Aviation Group, exceeded $15 million in annual revenue.
The number of flights it organized rocketed up 290%.
“Considering the post-pandemic situation, particularly the uncertainty of whether international events are hosted, and a slow start of the year, we are delighted by these numbers and by growing our market share. Our worldwide activity enabled us to achieve a record-breaking fourth quarter,” said Rémi Aubin, LunaGroup Charter Sales Director.
After opening new offices in London, Paris, Riga, and Monaco over the past two years, Luna Aviation Group will keep expanding in 2023, with upcoming new offices in Zurich and Madrid.
Earlier this month, the group officially opened a Middle East base at the Dubai International Financial Center as part of its continued worldwide expansion.
“I am very excited about the opening of our new office in Dubai. We experienced immense growth in 2022, and it is our first expansion outside Europe,” said Luna Aviation Group Managing Director Alain Leboursier.
Still, Leboursier notes the nature of the industry.
“Our private jet and commercial division are extremely exposed to macro-economic factors, political risks, and volatility, but we are confident to be able to maintain a substantial competitive edge and continue increasing our market share,” he added.
The company was founded in 2007 by Eymeric Segard, the current CEO.
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