Directional’s Ricci praises fractional, democratization for industry growth

Flexjet Sentient Jet Flex Jet

In a sharp elbows industry, Flexjet and Sentient chairman Kenn Ricci praises competitors for innovating and expanding the industry

Kenn Ricci, Principal of Directional Aviation, which includes Flexjet, Sentient Jet, FXAIR, and PrivateFly, praised innovations from competitors.

NetJets, Wheels Up, Flexjet, and Vista Global’s XOJET lead the list of Biggest U.S. Private Jet Operators

Largest Private Jet Airlines

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.

Private Jet recovery continues ascent as airlines struggle

In the latest WingX moving 7-day average, daily business aviation flights increased to 6,600 from last month’s low of 3,700

Statistics from three different researchers and the U.S. Transport Security Administration (TSA) will again give folks from the private jet side of the aviation business some reason to have pleasant dreams. Or at least blot out recent nightmares.

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