Fractional share activity pushes a .07% increase in private jet activity in January

NetJets, Flexjet and the fractional category powered January 2019 business aviation gains

Amid fears of slipping to negative growth, business aviation activity saw a slight gain year-over-year in January

ARGUS TRAQPak’s review of year-over-year flight activity indicates that January 2019 recorded an increase of 0.7%. The results by operational category were mixed with fractional operator activity, again, posting the largest yearly increase, up 4.9% year over year. NetJets and Flexjet make up about 80% of all fractional private jet flights. Part 91 activity posted an increase of 1.0%, while Part 135 activity declined for the eighth straight month, down 0.9%.

Wheels Up has hired Goldman Sachs and Bank of America for ‘strategic initiatives’

Wheels Up price starts at $4,695 per hour plus Federal Excise Tax

The pay-as-you-go jet card membership club is moving towards “consolidation”

What’s next for Wheels Up? The company with its fleet of approximately 100 King Air 350i turboprops, Citation Excel/XLS midsize jets and Citation X super midsize aircraft is stirring some intrigue after its founder and CEO Kenny Dichter appeared yesterday morning on CNBC’s Squawk Box.

Wheels Up Super Bowl Play

The Pilatus PC-12 was 2018’s most used “private jet”

The single engine turboprop was the most flown private aircraft last year

Last year, there were more flights on the Pilatus PC-12 than any other private aircraft in any category, according to data published by TRAQPak. In its survey of most used airplanes, the single-engine turboprop recorded 233, 676 flights, some 612 segments per day. Both Nicholas Air and OneFlight International offer the winner in their jet card programs. PlaneSense, which doesn’t sell jet cards, features the PC-12 in its fractional fleet, while Surf Air uses the type for its by-the-seat shuttle flights on the West Coast.

NetJets compared to Wheels Up 2019

NetJets compared to Wheels Up

The two most searched private aviation companies are surprisingly different

Each month there are over 50,000 unique online searches for both NetJets and Wheels Up. While each play in the consumer solutions sector of the private aviation space, their differences underline something that is often surprising to many, and that is there are significant differences between the various providers.