July private jet flights reach new records

private jet at airport

Argus and WingX research shows the private aviation rebound is showing no signs of letting up in July

Argus Traqpak’s research data showed June as the busiest month for private aviation since October 2007. Now, the aviation research firm says July 1, 2021, recorded 12,345 business aviation flights in North America. That was the largest single-day of operations since March 20, 2008.

Two more stock analysts issue reports on Wheels Up

Wheels Up IPO

RW Baird and Jefferies analysts set target prices for Wheels Up at $12 and $13 per share

Two more Wall Street analysts have issued opening perspectives on Wheels Up Experience. The private aviation company began trading on the New York Stock Exchange under the symbol UP earlier this month. Both analysts are markedly less bullish than Barrington Research’s Gary Prestopino. He set a price target of $19 to $21 for his 24-month outlook.

XO launches aircraft management

XOJET

Vista Global’s XO is leveraging its acquisition of Talon Air to launch XO Aircraft Management Powered By Talon Air

Vista Global is moving into branded aircraft management, launching XO Aircraft Management Powered By Talon Air. It follows rival Wheels Up Experience, which formed branded whole aircraft sales and management after acquiring Delta Private Jets and Gama Aviation Signature.

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