Private Jet Industry Breaking News and Analysis

Dumont Aviation, ousted CEO Wargo, trade lawsuits

The June exit of Dumont Aviation Group co-founder and chief executive Kevin Wargo has resulted in an exchange of lawsuits and accusations which now includes Alliance Aviation

Dumont alleges Alliance, launched by a former Dumont executive, is using confidential information and its website is registered to Wargo’s sister

Last year during the National Business Aviation Association’s annual conference in Orlando, former Dumont Aviation Group CEO Kevin Wargo seemed to be guiding the Delaware-based charter operator to a prominent position in the industry.

The company was monthly taking delivery of one to two former NetJets’ Dassault Falcon 2000 large-cabin jets. After refurbishing the cabins and upgrading avionics, Dumont looked poised to be a key player in the heavy jet market with what would be a floating fleet of two dozen of the 10-seaters.

A Green New Deal: The untold eco-friendly side of flying by private jet

By bringing an average of $84,000 in economic benefits to each place they fly, private jets are in fact more-ecofriendly than commercial airliners

Travel shaming was meant to guilt people into not flying despite the fact that travel and tourism accounts for one in 10 jobs worldwide, and 10% of global GPD, a staggering $8.8 trillion annually.

Private jet use is often paired off against commercial flying as being environmentally less friendly, but research shows that private jet travelers emit less carbon while bringing more economic benefit to the places they visit.

NetJets sees fractional ownership as privacy option in face of ADS-B mandate

Warren Buffett is weighing in on how NetJets can help private jet owners maintain privacy for important missions

In a recent posting on its online newsletter, NetJets is highlighting that private jet owners who need privacy can use fractional ownership, leases and jet cards for supplemental lift when they need to maintain secrecy for their missions.

 “I should point out that anybody out there who wants to do business with us, that if they take a [NetJets] plane nobody will be able to track them. … And if you use a company plane, it’s a big way of running a billboard that I’m in town for something,” said Warren Buffett, Chairman and Chief Executive, Berkshire Hathaway, parent of NetJets.

Air Charter Service says UK private jet charters powered H1 sales gains

The company sells on-demand charter and jet cards

Jet card and on-demand broker Air Charter Service said that in the first half of its financial year the company saw an increase in private jet bookings from its UK office of 8%. This is compared to industry-wide WingX statistics showing that private jet flights into and out of the UK were down by 5.4% over the same six months.

In a press release, Andy Christie, Air Charter Service’s Global Director of Private Jets, said, “We had a very good first half of the year, considering the market is in decline, with more than 1,300 private jet charter flights arranged just from our London HQ over the six month period. The increase of 8% is even more impressive when you take into consideration WingX’s figures for the UK and when compared to the worldwide industry as a whole, which has grown by just 2%.”

JetSuite sets front-row experience for New York Fashion Week

JetSuite is offering jet card and on-demand charter customers exclusive insider experiences during Fashion Week September 4-11

Dallas-based charter operator JetSuite, which offers jet cards on its fleet of Phenom 300 and 100 private jets, is offering to take its clients inside the tent with tickets to New York’s Fashion Week.

The offer is specific to its Phenom 300s which operate nationally. It includes entrance to invitation-only parties and top designer runway shows for up to seven guests.