Large commercial private jet operators that are focused and provide ROI to investors will continue to see strong investment interest, according to the Flexjet boss
Kenn Ricci is bullish on large fleet private jet operators; he told an audience of industry executives at Corporate Jet Investor in Miami earlier this month.
Continue reading “Flexjet’s Ricci: Big private jet operators poised to wield more clout”
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.
Continue reading “What’s next for private aviation? Problems and questions abound”
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?
Continue reading “Private jet CEOs talk trends, challenges, opportunities at Corporate Jet Investor”
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.
Continue reading “Being midsize is big say three jet card providers”