U.S. private jet charters are holding up better than Europe
Air Partner says cargo and repatriation charters are helping offset drops in private jet charter and jet card revenues
Private jet charter, jet card broker and aviation services provider Air Partner provided an update on trading this morning. It covers its new financial year which began February 1, 2020.
The private jet charter broker and jet card provider provided a wide view of its varied business units
Private jet charter and jet card broker Air Partner, which
offers extensive aviation services beyond private flying, updated shareholders earlier
today on its approach to the Coronavirus COVID-19 pandemic, including protective
actions being taken, current sales and pipeline.
Air Partner Protect is for private jet travelers in response to the Coronavirus pandemic
Jet card and private jet charter broker Air Partner plc has launched a unique new product, Air Partner Protect, in response to the emergence and spread of COVID-19.
The move comes after the group recently carried out a number
of evacuations on behalf of the UK government.
When it comes to rules, for Air Partner, jet cards are meant to be customized
Private jet travel is just 18% of Air Partner’s diversified business, which includes large group charter, cargo, and aviation safety-related consulting
Air Partner recently completed a complex Coronavirus emergency evacuation flight from Japan to the U.K.
U.K.-based Air Partner has long had one of the better jet
card programs, or as it calls it, JetCard. That’s based on the published rules.
But, that’s not where it ends.
But before we look at what’s off the menu, let’s quickly recap its North America-based program as is.
A flexible jet card
The starting point to buy is just 10 hours, compared to 25
hours for many providers.
The U.K.-based on-demand charter and jet card broker sees strong growth for the U.S. and across many of its sectors
Air Partner is somewhat unique in the field of more than 55
jet card providers we track. It’s publicly traded, albeit in the U.K.
There are other jet card suppliers located within publicly traded companies – Delta Private Jets until its acquisition by Wheels Up, NetJets is owned by Berkshire Hathaway, and Jet Aviation by General Dynamics. However, results aren’t broken out in financials as they are with Air Partner.
Another difference is the diversity of the services it offers, from private and large group charters to freight, fatigue risk management, compliance and safety performance, bird control and wildlife management for airports, plus crisis emergency planning and evacuation.