Tag: Part 135

Charter/Fractional private jet market share grows to 54.3%

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private jet travel trends August 2020

The share of flight hours by fractional and charter operators continued its decade long climb, accounting for 54.3% of 2021 North American private jet flight hours, up from 43.7% in 2012

Part 135 and 91k operators in North America – shared jets – clocked a record 2,699,184 flight hours in 2021, a 64% increase from 2020 and 24% above 2019, according to Argus TraqPak.

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Charter, Fractional jet flights gain over private flying

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private jet

Part 135 charter and Part 91K fractional flying surged to 54.3% of all North American private aviation flight hours during the first half of 2021

The share of flight hours operated under Part 91 – non-commercial flights conducted for the aircraft owner – continued its decade-long decline during the first half of 2021.

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2021’s 30 Biggest Private Jet Companies

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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.

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

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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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