Used private jet market strong despite Coronavirus, say brokers

used private jets for sale

Association of private jet brokers IADA reports 54 used aircraft transactions so far in March despite the Covid-19 Coronavirus crisis

Members of the International Aircraft Dealers Association (IADA) said members completed 54 transactions between for the month as of March 20th. Additionally, there are over 120 aircraft, under contract, subject to closing.

The news comes as the Covid-19 Coronavirus pandemic is playing havoc on the world stock markets with demand for travel in general plummeting.

How safe is your private jet company?

Private jet safety

Magellan Jets has issued a white paper on what you should know about private aviation safety

Boston-based jet card and on-demand charter broker Magellan Jets has added to its library of educational white papers for private jet fliers with a white paper titled, “How Safe Is Your Private Aviation Company?”

Magellan’s report notes when it comes to providing safe private jet flights, “You can bet that every operator out there will make this same claim. But are they all the same? How can you ensure that a private aviation operator is walking the walk when it comes to safety?”

EXCLUSIVE: JetSmarter’s evolution is bringing branded airplanes, aircraft management, new single seat, empty leg and charter pricing, plus a new COO

Goodbye free empty legs and shared flights. JetSmarter 2.0 is a very different but potentially appealing proposition. Will there be a jet card in its future?

 

JetSmarter’s CEO and founder Sergey Petrossov might debate using the word evolution and certainly feels criticism, including from this reporter, has been unfair. Whether or not the appraisals have been correct is probably one of those YMMV type things. Either way, what’s clear to me is that JetSmarter today and even more so a year from now will be very different than when it took flight in 2013. Back then, you paid a membership fee and then indulged in free seats on shuttles that JetSmarter scheduled. There were also free empty legs where you got the entire plane for as many friends as it could fit. For aspiring private travelers, it was like being a kid in an all you can eat candy store.

Follow Me
Tweet
%d bloggers like this: