The charter market for private jets is changing – Here’s how

private jet charter

Charter brokers are navigating new rules of engagement for sourcing your private charter flights. It impacts what you pay and how you fly

Brokers who sell on-demand private jet charter flights say it’s not just availability and price that’s an issue. Record demand has changed the ways jet owners and the operators who manage their aircraft and sell charter flights are working.

2021’s 30 Biggest Private Jet Companies

FlyExclusive

FlyExclusive, Solairus, Airshare, Nicholas Air gain on Top 135/91K operators list

NetJets, Flexjet, Wheels Up, Vista Global, and Jet Linx continue at the top of the leaderboard as FlyExclusive jumps from #8 to #5

Analyzing the latest data from Argus TraqPak from the first six months of 2021, there is no change in ranking the four largest private jet providers.

Private jet charter brokers must offer refunds when not disclosing operator

private jet at airport

If your jet charter broker doesn’t provide the operator when you sign the charter contract, you are entitled to a refund when that information is given

The U.S. Transportation Department has clarified the now two-year-old rules covering disclosures required by private jet charter brokers. The response to an inquiry by the National Business Aviation Association underscores consumer rights. At the same time, it affirms brokers are allowed to contract with consumers before securing an operator.

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.

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