Private jet CEOs talk trends, challenges, opportunities at Corporate Jet Investor

Phenom 300#

Private jet capacity, pricing, labor, consolidation, demand, investment, new jet owners, offer challenges and opportunities for private aviation providers

Over 450 industry CEOs and leaders gathered last week in Miami for Corporate Jet Investor. For two days they hashed about issues relevant to the overall industry, with a large focus on private jet travelers who fly via jet cards, memberships, and charter.

Is the current record level of demand here to stay? Where will the industry find the capacity to meet that demand? Is more consolidation coming? How many big players are there left to buy? What is Amazonian pricing? When will the supply chain improve? Where have all the pilots – and line workers gone? Are they coming back? How will all the outside investment impact private aviation? What about on-time performance? What type of changes will you see to your jet card program? With dwindling supply, are small brokers on life support?

Jet Edge brings back FET-free through year’s end

Jet Edge International

After hitting $100 million in sales of its Reserve jet card program, Jet Edge is offering a 7.5% credit for Black Card customers

With 27 large and super-midsize private joining its fleet by early 2022, Jet Edge is accelerating jet card sales with a fly FET-free promotion.

Jet Edge breaks multi-million dollar ad campaign

Jet Edge Gulfstream

With KKR’s backing and a fast-growing fleet of large-cabin Gulfstream private jets, Jet Edge is promoting $36,500 coast-to-coast fixed-rates

Jet Edge is making a big move into building its direct-to-consumer business. It has launched a multi-million dollar ad campaign throughout the fourth quarter.

Jet Edge gains KKR $40 million preferred equity investment

Jet Edge International

KKR’s investment comes as Jet Edge reports jet card sales have surpassed $100 million

After providing $150 million in credit financing in June KKR has agreed to invest $40 million in preferred equity in Jet Edge International.

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