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.
Map-based business aviation search platform FlyEasy.co allows users the ability to search and request trip pricing from aircraft operators worldwide
Directional Aviation’s Tuvoli has added FlyEasy.co in an acquisition expected to be announced later today. It is a sister company to Flexjet, Sentient Jet, FXAIR, PrivateFly, and Associated Aircraft Group, a helicopter operator acquired last week.
Let’s make a deal. The M&A market for private jet operators is hot. Over 50 deals, fundraises, launches, and bankruptcies detailed
(Updated Feb. 8, 2021) The COVID-19 crisis may be bringing the already simmering mergers and acquisitions market for private jet operators and brokers back to a boil.
The unit of Vista Global is tapping into the increased demand of affluent consumers to fly by private jet beyond their own residences
What goes together like kike rama lama lama ka dinga da dinga dong? Lately, it seems private jet providers and luxury resorts and retreats. Leading private aviation provider XO (a merger of the former XOJET and JetSmarter last year after its acquisition by Vista Global), is continuing to expand its value-added offers who its jet membership and on-demand private jet customers.