Wheels Up and Vista Global have more deferred private jet charter revenue from jet card sales for future flights than cash. Flyers keep buying. Here’s why
In the past couple of weeks, private jet charter providers Wheels Up Experience, parent of Wheels Up and Air Partner, and Vista Global Holding, which includes VistaJet and XO, were in the news about their finances and their amount of jet card sales for future flights compared to cash.
Expedia-like on-demand private jet charter bookings have been in the works for over 20 years and still aren’t ready for takeoff
When a broker tells you they are like the Expedia or Google Flights of private jet charter, don’t walk, fly. You are being conned.
While jet cards, memberships, and fractional ownership programs are expanding, the old-fashioned private jet charter broker also serves a critical market
Even as the number of jet card and membership providers grows, I always tell subscribers a good private jet charter broker is like gold. Of course, the trick is finding a good one and also understanding where a good broker delivers the most value.
Private jet charter broker PrivateFly says the average number of passengers on private jet flights is increasing while the booking window is falling
Private jet travel has been rebounding since hitting its bottom in mid-April, and while there have been lots of anecdotal stories about who is flying, PrivateFly’s Private Jet Charter Trends report covering the April to June period provide deeper insights.