2023's 30 Biggest Private Jet Companies through June

Top private jet operators NetJets, Flexjet, FlyExclusive, PlaneSense countered the downturn; increased flight hours in the first half of 2023, according to Argus TraqPak.

By Doug Gollan, September 1, 2023

It wasn’t only NetJets. Flexjet, FlyExclusive, and PlaneSense were among the biggest charter and fractional operators to counter headwinds growing flight hours in the first half of 2023.

According to Argus TraqPak, the 30 largest operators clocked 859,839 flight hours, a 2.0% drop compared to the first six months of 2022.

NetJets, including Executive Jet Management, saw a 0.8% increase with 344,424 hours through June.

That put it far away in the top spot, ahead of second place Vista Global, which despite its Jet Edge acquisition last year, was down 7.5%, ending with 99,916.

Flexjet increased flight hours by 5.1% to 99,355 hours, good for third place

Flexjet held the second spot for our full-year 2022 ranking of top providers.

Overall, 10 of the 30 providers saw increases in the first half of this year.

Among those that offer jet cards, memberships, or fractional shares, Volato was the biggest gainer.

The 2021 HondaJet fractional and jet card operator saw flight hours spike 139.3% growth, putting it in the 21st spot.

FlyExclusive posted an 18.7% gain to 27,740 hours.

What’s included?

Our numbers roll up each of their parent company’s operators, so before you get to the full data, let’s talk about how we get to the numbers.

We use this analysis to combine operators under their corporate parents, something that is becoming more important with all of the industry’s M&A activity.

We also have operators that Argus categorizes as Part 135 and 91k together for our list.

That means Executive Jet Management, a NetJets Inc. company, together with NetJets U.S. and NetJets Europe’s flights to/from the U.S.

How big is Warren Buffett’s provider? EJM alone chalked up 39,117 flight hours. That would be good for the fifth spot as a stand-alone entity.

It also means summing VistaJet, Jet Edge, Air Hamburg, Red Wing Aviation, Talon Air, and XOJet flying under Vista Global Holding.

Aircraft arrival and departure information is included on all IFR flights in the U.S. (including Alaska and Hawaii), Canada, and the Caribbean. That means flights from Vista’s Air Hamburg and VistaJet’s Malta AOC in the North American region are added to the total, and the same for other operators. They are noted at the bottom of the chart below.

We also update the 2022 numbers below to include acquisitions.

Lastly, it’s important to understand the limits in tracking for aircraft flying under Part 135, which you can read more about here.

Private Jet Charter Brokers vs. Operators

What do we miss?

This data is for operators and doesn’t count off-fleet brokerage flight activity.

As an example, in addition to its operator Flexjet, in the U.S., Directional Aviation owns jet card broker Sentient Jet and on-demand broker FXAir (via OneSky Flight, which is changing its name to Flexjet, Inc.).

So, below is the Top 30 per Argus TraqPak.

Top Private Jet Operators – Jan. through June 2023

  Private Jet Flight Provider 2022 2023 Change
1. NetJets, Inc 341,685 344,424 0.8%
2. Vista Global 108,064 99,916 -7.5%
3. Flexjet 94,529 99,355 5.1%
4. Wheels Up 82,478 70,253 -14.8%
5. FlyExclusive 23,375 27,740 18.7%
6. Solairus Aviation 26,437 26,265 -0.7%
7. PlaneSense 21,541 22,326 3.6%
8. Jet Linx 18,784 15,773 -16.0%
9. AirSprint 13,676 14,027 2.6%
10. Corporate Flight Management 9,024 11,976 32.7%
11. Airshare 12,400 11,139 -10.2%
12. Nicholas Air 10,441 9,824 -5.9%
13. Jet Aviation 9,748 9,313 -4.5%
14. Clay Lacy Aviation 8,479 8,195 -3.3%
15. Aero Air 7,202 7,785 8.1%
16. Jet It 9,397 6,596 -29.8%
17. Chartright Air 8,825 6,586 -25.4%
18. Fly Alliance 6,093 6,424 5.4%
19. Superior Transportation Associates 7,475 6,252 -16.4%
20. SkyService Business Aviation 6,513 6,079 -6.7%
21. Volato 2,375 5,683 139.3%
22. Cirrus Aviation Services 5,648 5,585 -1.1%
23. Berry Aviation 6,977 5,485 -21.4%
24. Thrive Aviation 5,559 5,319 -4.3%
25. Worldwide Jet Charter 5,638 5,139 -8.9%
26. SunWest Aviation 6,092 5,097 -16.3%
27. ATI Jet 4,755 4,534 -4.6%
28. Silverhawk Aviation 5,418 4,503 -16.9%
29. LJ Associates 3,954 4,171 5.5%
30. Pegasus Elite Aviation 4,359 4,075 -6.5%
    876,941 859,839 -2.0%
Source: Compiled by Private Jet Card Comparisons
with data from Argus TrakPak. *NetJets, Inc. includes NetJets Europe relevant flights and EJM; Flexjet, Inc. includes Flexjet and relevant flights by Flairjet; Jet Linx Aviation includes Southern Jet; Priester Aviation includes Mayo Aviation; Vista Global includes relevant Air Hamburg flights, Jet Edge, Jet Select, Red Wing Aviation, Talon Air, relevant VistaJet flights, XOJet; FlyExclusive includes Sky Night; Wheels Up includes Alante

The biggest declines for jet card or fractional providers were Jet It, which shuttered, down 29.8%, Silverhawk Aviation (-16.9%), Jet Linx (-16.0%), Wheels Up (-14.8%), and Airshare (-10.2%).

Related Articles

Visit DG Amazing Experiences

Find the perfect solution for your private aviation needs

Make the right decision

If you want a program-by-program comparison of more than 250 products from more than 50 companies covering 65 points of differentiation and over 40,000 data points.