Private jet capacity, pricing, labor, consolidation, demand, investment, new jet owners, offer challenges and opportunities for private aviation providers
Over 450 industry CEOs and leaders gathered last week in Miami for Corporate Jet Investor. For two days they hashed about issues relevant to the overall industry, with a large focus on private jet travelers who fly via jet cards, memberships, and charter.
Is the current record level of demand here to stay? Where will the industry find the capacity to meet that demand? Is more consolidation coming? How many big players are there left to buy? What is Amazonian pricing? When will the supply chain improve? Where have all the pilots – and line workers gone? Are they coming back? How will all the outside investment impact private aviation? What about on-time performance? What type of changes will you see to your jet card program? With dwindling supply, are small brokers on life support?
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Backed by record demand and with no letup in sight, operators from NetJets to niche brokers are announcing ambitious fleet growth targets
Private jet fleet capacity has become one of the industry’s hottest issues. Demand for private aircraft, owned, via charters, jet cards, and fractional shares, continues to surge to record levels. Charter and jet card flights tracking 30% higher than 2019 pre-pandemic levels combined with owners flying their jets more is putting a strain on the system. Supply chain and labor issues impacting the greater economy are impacting the private aviation industry. It’s creating a new reality for private jet flyers.
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Clay Lacy has added a Citation X and Challenger 300 to its Seattle area fleet of private jet chart aircraft
Van Nuys-based Clay Lacy Aviation continues to expand its private jet charter fleet in Seattle with a Cessna Citation X at Boeing Field (KBFI) and a Bombardier Challenger 300 at Paine Field (KPAE).
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Directional Aviation-launched 4AIR announced it is partnering with Clay Lacy Aviation to offer its sustainability rating to Clay Lacy managed aircraft while also certifying the company’s facilities in Oxford, CT; Van Nuys, CA; San Diego, CA; Seattle, WA; and Orange County, CA, as carbon-neutral, and awarding their facilities a 4AIR Rating for 2020.
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