Business Aviation Market Overview July 2018

The HondaJet cabin measures 222 cubic feet

A monthly in-depth update on the dynamics of business aviation from new private jets to used jet sales, private jet travel and other valuable insights for anyone who flies privately, including turboprops

 

To help provide a broader market overview beyond jet cards, this article is shared here with permission from AvBuyer.com   At the halfway point in the calendar year, Rollie Vincent, Editor, Market Indicators, assesses the current state and direction of the Business Aviation market.

by Rollie Vincent

As usual, we rely on a healthy combination of data, sprinkled in with a little hearsay, some hype and our own analyses to come up with our best estimates and insights as to where we stand at the halfway point of 2018. Flight utilization continues to increase in the key markets of North America and Europe, a sure and steady indicator of a gradually improving market. Increases Year-over-Year (YoY) in the low- to mid-single digit percentages are welcome developments, growing somewhat faster than the underlying fleet, with newer aircraft leading the pack. 

Five safety questions to ask private jet charter operators before you buy

While many searches for private air charter start with ‘how much does a jet cost?’ or some derivative about pricing and hourly rate, jet card and charter operator XOJET outlines some key safety questions to ask

 

The following was published on XOJET’s blog and is reprinted with the company’s permission:

The key to finding a great private aviation provider is knowing their number-one priority is the same as yours: for every flight to be as safe and secure as scientifically possible. To confirm that to be true, says Dan Ramirez, XOJET’s Director of Safety, customers should ask private aviation companies five simple safety questions before considering flying with them. “Every staff member of credible, safety-first organizations,” he explains, “will be happy to answer those questions in detail.” 

Skyjet adds Google Pay to Apple Pay option

The sister company to Flexjet and Sentient Jet offers on-demand charter and memberships that provide guaranteed one-way pricing

 

Skyjet today announced that its mobile application now accepts Google Pay, saying it is the first company in the industry to do so. Skyjet introduced Apple Pay to its mobile application in 2015, and according to a press release said the new capability “further cements Skyjet as a pioneer in the private aviation space and marks another milestone for the company surrounding the successful integration of digital currencies.” The release continued,”The new feature provides an added layer of simplicity and efficiency by offering customers another way to instantly book and pay for private jet travel online.” 

XOJET Chairman Says 2017 Was “A Year of Evolution”

XOJET recently conducted an extensive interview with its Chairman & CEO Bradley Stewart for the blog of its website providing an annual report from the private aviation provider. Below is the wide-ranging interview in full

XOJET Expands Its Safety Programs And Support

In a busy year, XOJET has revamped its jet card program, opened a new sales office in Palm Beach, expanded lifestyle partnerships and continued fleet refurbishments

 

XOJET announced heightened investments in safety, flight standards and training as a response to a surge in business during 2017.  In a press released, the company said it has appointed Daniel Ramirez, formerly at Embraer Aircraft Corporation, as its new director of safety. It said driven by a 13% increase in new membership programs under its newly-minted XOJET Access Solutions, which launched earlier this year, the company has doubled the size and reach of its Flight Standards Department and executed the on-demand private aviation industry’s first Line Operations Safety Assessment (LOSA). XOJET is the first Part 135 operator to conduct this rigorous program, which strengthens the company’s already robust set of safety protocols.