Supply chain, labor issues, and softening demand could provide a bumpy road ahead for private aviation
According to executives speaking at Corporate Jet Investor’s Town Hall, private aviation is watching the canary in the coal mine. Its health is not apparent.
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?
Jet card execs from Air Partner, Magellan Jets, and Nicholas Air say having hundreds of customers instead of thousands is a benefit
Two are brokers; the other is an operator. None are small, but they are not the most prominent players when it comes to selling jet cards.
From operators to brokers and across private aviation, here’s why your flight was delayed and how you can minimize disruptions
You’re busy. You’re paying a lot of money to fly privately so you can save time and not be inconvenienced. If you have experienced delays and service lapses – or have flights booked in the next few weeks or possibly months, I’ll start with the bottom line: Private aviation is not immune to the same issues that businesses across America and around the world are experiencing.