Aircraft broker Mente Group is behind the launch of a new solution targeting full aircraft owners with corporate flight departments
It’s not every day the private aviation segment gets a genuinely different solution.
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It’s not every day the private aviation segment gets a genuinely different solution.
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.
The latest Argus TRAQPak monthly report shows Part 135 charter operators are continuing to see the strongest recovery.
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.