The jet card seller says it just had its best quarter in over 10 years in both revenues and hours flown
Directional Aviation’s Sentient Jet has launched a new website featuring operational and visual enhancements to improve the customer experience the company said in a press release. In the announcement, Sentient (other Directional companies include Flexjet and Skyjet) said the website launch follows several technological milestones for the company, including the launch of a new mobile application in 2016. On the business side, the company said it is forecasting nearly $300 million in jet card sales in 2018 and just recorded its most successful quarter in terms of both sales and flying volume in over 10 years.
ANA Business Jet is a new joint venture that will offer private jet charter service within Japan as well as to destinations in Asia
ANA Holdings, Inc. (ANA HD) and Sojitz last week announced that they will establish a new company offering private jet charter flights by ANA Business Jet Co., Ltd. Other scheduled airlines that include private jet divisions or investments include Korean Air, Hainan Airlines (sister Deer Jet), Lufthansa (via NetJets), Qatar Airways, Delta Air Lines, and JetBlue (multiple investments in JetSuite).
The sister company to Flexjet and Sentient Jet offers on-demand charter and memberships that provide guaranteed one-way pricing
Skyjet today announced that its mobile application now accepts Google Pay, saying it is the first company in the industry to do so. Skyjet introduced Apple Pay to its mobile application in 2015, and according to a press release said the new capability “further cements Skyjet as a pioneer in the private aviation space and marks another milestone for the company surrounding the successful integration of digital currencies.” The release continued,”The new feature provides an added layer of simplicity and efficiency by offering customers another way to instantly book and pay for private jet travel online.”
Jet cards and on-demand charter continue to be the sweet spot of private aviation powered by a 15.1% increase in large jets
TRAQPak’s is reporting year over year flight activity (March 2018 vs. March 2017)
indicates that March 2018 recorded an increase of 2.6%. The results by
operational category were mixed with Part 135 activity, once again, producing
the largest yearly gain, up 7.7%. Fractional activity recorded a slight rise of 0.6%,
while Part 91 activity dipped into the red, down 0.4%. The aircraft categories
were all positive with large jets posting the largest gain from 2017, up 4.7%. Midsize jets followed with an increase of 4.4%, and light jets posted a 0.2% year over year increase. The turboprop segment posted an increase of 1.8%. For Part 135 which includes jet cards and on-demand charter, large jet activity increased 15.1%, followed by mid-size jets at 8.4% and turboprops with 6.4% growth. Light jet activity increased 4.4%
Changes in the private aviation market have blurred the lines between various solutions
Figuring out the best solution for private aviation isn’t necessarily easy or straightforward. It’s estimated up to 50% of users have multiple solutions, which makes sense. Think about owning a jet and using it for business, but you need to get your family to join you for the weekend at your vacation home when coming from a different direction. The likely solution is going to be on-demand charter or jet cards. Making it more complicated, the breadth of various solutions has been changing.