Gearing up for more growth in 2022, Nicholas Air names Peder von Harten president, Wendi Litton as chief operating office & general counsel, and Fernando Pineda as chief technology officer
Part 135 charter operator Nicholas Air which offers several different jet card programs to access its fleet, has made three senior executive appointments.
Private jet capacity, pricing, labor, consolidation, demand, investment, new jet owners, offer challenges and opportunities for private aviation providers
Over 450 industry CEOs and leaders gathered last week in Miami for Corporate Jet Investor. For two days they hashed about issues relevant to the overall industry, with a large focus on private jet travelers who fly via jet cards, memberships, and charter.
Is the current record level of demand here to stay? Where will the industry find the capacity to meet that demand? Is more consolidation coming? How many big players are there left to buy? What is Amazonian pricing? When will the supply chain improve? Where have all the pilots – and line workers gone? Are they coming back? How will all the outside investment impact private aviation? What about on-time performance? What type of changes will you see to your jet card program? With dwindling supply, are small brokers on life support?
The combination of new customers and a return of pre-COVID private aviation users could push private jet charter prices higher by the summer
There could be a shortage of private jets available for the charter market by summer. That’s according to the boss of a leading private jet charter and jet card brokerage. Simultaneously, the industry is faced with the welcome but time-consuming task of educating new consumers about the ins and outs of on-demand charter and jet cards.
After doubling its fleet over the past five years, Nicholas Air says it plans more measured expansion this year
Don’t look for Nicholas Air to make a billion-dollar order with deliveries stretching over six or seven years. The Oxford, Mississippi-based private jet operator and management company will follow up its addition of two new Phenom 300 light jets added directly from Embraer last year. However, it expects to buy for near term needs, head of marketing Peder Von Harten tells Private Jet Card Comparisons.