Argus Traqpak has published its list of the largest private jet rental operators in the U.S. based on 2019 flight activity
Part 135 flights declined 0.6% while flight hours fell by 1.4% in 2019
The report highlights the fragmented nature of private jet charter with the top 25 companies only accounting for one-third of flight hours
Gama Aviation Signature remains the dominant player in Part 135 private jet charter, according to a recap of 2019 activity by Argus Traqpak.
With 103,096 flight hours, it saw a 13% increase compared to 2018, despite an overall decline in the market for commercial private aircraft charter rentals.
Overall, Part 135 flying decreased by 0.6% in flights and 1.4% by flight hours on a year-over-year basis.
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.
Wheels Up members will be able to attain Delta Air Lines’ elite status
Delta Private Jets members get a complimentary Wheels Up membership valued at $17,500
The deal to merge Delta Private Jets (DPJ) with Wheels Up is sealed. The closing officially combines DPJ with Wheels Up.
The combination creates one of the world’s largest owned and managed fleets of private aircraft, around 190 airplanes from the King Air 350i to large-cabin jets.
Delta Private Jets and Wheels Up will have over 190 private aircraft
The deal is expected to close in early 2020, subject to closing conditions and required governmental and regulatory approvals
Delta will take an equity stake in Wheels Up becoming its largest shareholder
Financial terms of the transaction are not being disclosed
The transaction sets up a three-horse race with Directional Aviation and Vista Global as they battle market leader NetJets
Wheels Up’s busy 2019 included raising more money, acquiring light jet operator TMC Jets, tech platform Avianis, expanding its jet sharing membership, plus launching fixed-rate programs for light and super-midsize jets
Last week it announced a major revamp of its own jet membership programs
Is Wheels Up now poised for international expansion?
Wheels Up and Delta Air Lines this morning are announcing they have reached a definitive agreement to combine their private jet businesses.
“This groundbreaking partnership will democratize private aviation – making the convenience of private jet travel accessible to more consumers,” said Delta CEO Ed Bastian.
Jet card buyers can earn bonuses of more than 12% between extra funds, free nights at Exclusive Resorts, Apple computers, and more
On the heels of its Black Friday – Cyber Monday sale for its Sky Access empty leg program, Delta Private Jets is rolling out several significant promotions targeting regular jet card users. The deals are all valid through the end of December.