The Payroll Support Program under Division A, Title IV, Subtitle B of the CARES Act provided payroll support to passenger air carriers, cargo air carriers, and certain contractors for the continuation of payment of employee wages, salaries, and benefits. Here’s who got how much
It’s uncertain when there will be more government for the airline industry, and if so, will it extend to the private aviation side?
While the CARES Act payments have been widely credited for helping business jet operators get back on their feet quickly, they also have detractors, including NetJets, the largest private jets operator.
The Part 135 private jet charter operator offers an as available jet card program
The Orange County Board of Supervisors has awarded Clay Lacy Aviation a 35-year lease at John Wayne Airport (KSNA) to build and operate a Fixed Base Operation (FBO) that will serve as a business gateway for Orange County and contribute to the general aviation ecosystem at the airport.
Despite consolidation, the 25 largest Part 135 and 91K operators account for only 25% of the U.S. private jet market
Why you won’t find Wheels Up when you look at lists of private aviation operators
Sizing the U.S. private jet market between Part 91, Part 91K fractional and Part 135 charter operators
8 of the 10 largest companies are led by the founder or family member
Here’s a big difference between the private jet market and the airlines. Just 10 airlines account for 90% of the domestic market for scheduled passenger traffic. Four companies – Delta Airlines, American Airlines, United Airlines, and Southwest Airlines – are responsible for two-thirds of U.S. flights.
Despite consolidation, business aviation remains fragmented. An analysis by Private Jet Card Comparisons of various reports from Argus TRAQPak and other data shows the 25 largest operators of charter and fractional fleets together account for just 25% of all U.S. flying.
FBO is short for Fixed-Base Operator. They serve as a lounge for private aviation users. If you are new to private aviation, here is everything you need to know about FBOs before you fly.
To help you quickly review the various policies and protocols implemented by private aviation providers selling jet cards and memberships, we’ve created a single page overview you can find here.
The private jet charter operator has reimagined operations to ensure a clean, safe and healthy environment
Private jets are expected to see increased interest as affluent consumers who previously dismissed the extra expense now seek to reduce exposure to COVID-19 Coronavirus.
Both the Coronavirus pandemic and the CARES Act waiving the 7.5% Federal Excise Tax are impacting jet membership costs and terms
(Updated Nov. 20, 2020) To say the past month and a half has been a roller coaster for private aviation would be an understatement.
March started with high hopes. A spike in requests from first-timers who wanted to get to second homes or relocate family members kept activity close to normal.