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
The largest private jet operator in the world continues its focus on lifestyle programs for its fractional share and jet card customers
Wine and private jets might not be quite like peanut butter and jelly, but they do seem to go together.
In the news section of its website, NetJets is highlighting its Vintner Circle Program.
NetJets says it’s positioned to get you where you want to go
safely, with as few weather delays as possible
Summer weather along the popular coastal resort of Long
Island and New England can change quickly with fog and strong crosswinds.
However, NetJets believes with its extensive fleet, top ranked safety standards
and team of in-house meteorologists, it can make sure you get to you vacation
safely with the time savings benefits of private jet travel.