Biggest Private Jet Operators of 2020 led by NetJets, Flexjet, Wheels Up and Vista Global

NetJets Flexjet

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.

Wheels Up acquires private jet operator Mountain Aviation

Wheels Up Mountain Aviation

Wheels Up has acquired Mountain Aviation, the 10th largest U.S. Part 135 private jet operator, adding 59 private aircraft to its fleet

The deal makes Wheels Up the world’s largest Citation X operator and sets it up to be a major player in transcontinental private jet flights

Add Mountain Aviation to the list. After acquiring Delta Private Jets, Gama Aviation Signature, and TMC Jets over the past 19 months, Wheels Up has acquired the 10th largest private jet charter operator in the country.

You might be running an illegal charter (and not know it)

Illegal charter

A $100 million lawsuit your insurance won’t cover could be one accident away

If you are successful enough to own your own private jet, it probably took long hours and lots of hard work.

Chances are, you bought your private jet – or turboprop – because it was a business tool, allowing you to go to multiple locations and out of the way places more efficiently.

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%.

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