NetJets stayed firmly in the top spot among U.S. private jet operators as Wheels Up zoomed from 11th to 3rd place, while Flexjet, Vista Global, and Jet Linx each made gains
Charter (Part 135) and Fractional Operator (Part 91k) flights accounted for 52.5% of total U.S. private aviation flight hours, pushing Part 91 flying below the half-century mark for the first time, according to Argus TRAQPak data dating back to 2007
The 10 largest U.S. charter and fractional operators accounted for 44.3% of Part 91k/135 activity and 23.2% of total business aviation flight hours
TRAQPak’s 2021 forecast indicates full recovery tilted towards second-half
The takeaways from the 2020 Argus TRAQPak annual review of private jet activity in the U.S. underscores two key trends: Consolidation and acceleration of what has a nearly decade-long move from full private jet ownership to fractional shares, leases, jet cards, and on-demand charter. Looking ahead, Argus analysts don’t expect the total industry to return to pre-COVID-19 numbers until the second half of 2021.
Argus TRAQPak’s list of the largest U.S. private jet charter operators highlights the active mergers and acquisitions market
Argus TRAQPak’s list of the 25 largest U.S. Part 135 private jet operators ranked by flight hours highlights the industry’s frenetic merger and acquisition activity. Ten of the private jet charter operators were involved in transactions. Part 135 includes on-demand and jet card flights
Friday’s late-night mask mandate following President Biden’s executive order extends to Part 135 private jet charter flights, including jet cards, FBOs, and begins at midnight tonight
(Updated) NetJets says the mask mandate doesn’t apply to its flights
Friday’s late-night mask mandate by the CDC following President Joe Biden’s executive order requiring masks to be worn in airports and on commercial airline flights extends to Part 135 charter operations and FBOs, according to a notice sent by the National Air Transportation Association.
Private Jet Card Comparisons reported on the possibility last week after the executive order. The order comes just days in advance of the Super Bowl, typically one of the busiest weekends for private jet flights
Phenom 300 private jet charter operator GrandView Aviation added bases in Scottsdale and Chicago in 2020
Denver is becoming a hot spot for expansion among private jet operators. Maryland-based GrandView Aviation said it would open a base at Centennial Airport on Feb. 1. It’s the company’s sixth base. In recent years, the Embraer Phenom 300 operator has added Atlanta, Austin, Chicago, and Scottsdale.