Charter, Fractional jet flights gain over private flying

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.

July private jet flights reach new records

private jet at airport

Argus and WingX research shows the private aviation rebound is showing no signs of letting up in July

Argus Traqpak’s research data showed June as the busiest month for private aviation since October 2007. Now, the aviation research firm says July 1, 2021, recorded 12,345 business aviation flights in North America. That was the largest single-day of operations since March 20, 2008.

Used private jet sales surge in Q2, expected to continue

PRIVATE JETS ON GROUND

Q2 used private jet sales by IADA members increased 52% compared to Q1 with no signs of a let-up

Preowned private jet sales by International Aircraft Dealers Association members continued to climb in the second quarter of 2021. As a result, the inventory of late model private aircraft is tight, placing upward tension on prices, according to the group.

Demand for private jets will continue, according to new survey

Even as the Covid pandemic winds down, a new survey of private jet users suggests no end to the record surge in private aviation demand

– Average jet card deposit increased 12% to $237,267 from January’s survey

– 53% of new private aviation users will continue to fly privately on a regular basis post-Covid, up 29% since January

A just released survey of subscribers to Private Jet Card Comparisons shows the demand surge trend for private aviation is likely to continue for the foreseeable future.

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