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.
Don’t believe articles that technology is lowering private jet prices. Promises of cheap private jet travel are often based on misleading press releases and a lack of knowledge
Promises of cheap private jet flights invoking Uber analogies and claiming technology breakthroughs that lower charter costs are common themes of uninformed coverage. The articles are wrong. Apps don’t impact how much you will pay. In fact, most online pricing tools for private jets don’t even give you hard quotes. They are simply tools to capture your contact information so sales reps can follow-up.
Much of the charter rates you see online are estimates. And for every slick app, you’ll find if you aren’t familiar with the industry’s ins and outs, it’s easy to make big mistakes when buying private flights. With COVID-19 causing more consumers to shop for private aviation options, if you are serious, buyer beware.
Newcomers looking for deals and cash strapped private jet owners are causing a surge in illegal charter activity. However, FAA enforcement often misses the mark, industry experts say
Illegal charter can be deadly. Last year’s death of European soccer star Emiliano Sala came on an aircraft not authorized for commercial charters in Europe. It was flown by a pilot who wasn’t qualified. A 2018 Falcon 50 crash that killed both pilots in South Carolina found that maintenance records weren’t up to date. The pilots were not qualified to fly Part 135 charter flights.
Expect more mergers and consolidation with Part 135 private jet charter operators, says one investment bank
The Part 135 private jet charter market is ripe for consolidation and outside investment. That’s according to Brooks Crenshaw, managing director of Balmoral Advisors.
The grants support studies by future business aviation professionals
Clay Lacy Aviation, which offers a roundtrip pricing, as available jet card program under Clay Lacy Preferred, is continuing to assist the next generation of aviation professionals.
The IS-BAO Stage 3 Part 135 private jet operator held this year’s meeting virtually
Private jet management and jet card membership provider Jet Linx Aviation grounded its fleet earlier this week. However, in this case, it was for its fourth annual Safety Summit, although this one was held virtually.
The private jet charter operator launched its first jet card program last week
Light jet hourly rates are as low as $3,096 for SuiteKey customers, based on their balances when JetSuite entered Chapter 11
North Carolina-based Part 135 private jet charter operator FlyExclusive is making an offer to JetSuite’s SuiteKey customers impacted by its bankruptcy.