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
Jet card seller and private jet management company Jet Linx Aviation says it plans to open a Southern California base as it announces new lifestyle partners
Today, private jet management and jet card membership company Jet Linx Aviation announced it had welcomed three new partners to its Elevated Lifestyle client benefits program and further expanded its Elevated Lifestyle Preferred Hotel program. In the past 18 months, the company added bases in Austin, Boston, Chicago, New York, and Minneapolis, said it has plans for a Los Angeles base, its first on the West Coast.
Jet card and private jet management provider Jet Linx is bolstering its lifestyle partnerships with more luxury travel options
Today, Omaha-based Jet Linx Aviation added Boisset Collection and Epic Private Journeys as the newest partners to join its Elevated Lifestyle client benefits program.