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.
Jet card and charter operator Delta Private Jets is expanding its fleet of long-range private jets adding a Dassault Falcon and three Gulfstreams
Delta Private Jets has added three long-range Gulfstream aircraft and a Dassault Falcon 900 to its fleet of managed private jets, the company said, citing “response to customer demand for more options to experience the ultimate in-flight luxury and private jet access.”
“Our customers have told us they love our products and want
a similar experience for longer-range flights,” said Rex Bevis, president and
CFO, adding, “These new aircraft will provide that choice, and position Delta
Private Jets as a market leader in making long-range private jet travel readily
available for customers.”
Delta Private Jets, Inc.: Delta Private Jets, Inc., is a wholly-owned subsidiary of Wheels Up Group as of January 2020. The company is based at the Wheels Up Jet Center at Cincinnati/Northern Kentucky International Airport in Erlanger, Kentucky. Delta Air Lines, after the transaction, is the largest shareholder of Wheels Up Group. Its programs have now been merged into Wheels Up
About Delta Private Jets
When was the company founded? 1984
Who owns Delta Private Jets? Wheels Up Group. Delta Air Lines is the largest single shareholder, with a 26% interest which will go to 20% after the Wheels Up IPO.
Who is the CEO of Delta Private Jets? Rex Bevis is President of Delta Private Jets. Kenny Dichter is CEO of Wheel Up, its parent company.
How are aircraft sourced? Aircraft Delta Private Jets manages for their owners, and the Wheels Up managed fleet, plus approved charter operators
What are Delta Private Jets’ initiation and membership fees? The Wheels Up program starts at $2,950
What is its entry-level program? Delta Private Jets is now selling the Wheels Up programs, with Connect membership starting at $2,950
Does Delta Private Jets provide guaranteed availability? Yes
Is the hourly rate guaranteed? Yes
Can jet card holders/members use multiple aircraft at the same time? Yes, except for Peak Days
