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

NetJets Flexjet Wheels Up Vista Jet

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.

FXAIR says it has arranged over 4,000 private jet charters since its launch

FXAIR private jet charter

Directional Aviation’s on-demand private jet charter brokerage FXAIR reports its off to a strong start since launching at the end of July

In July, Directional Aviation’s OneSky Flight unit launched FXAIR. The on-demand private jet broker focuses on “premium” charters.

This pricing tool for private jet charter will change the way you fly

private jet rental

Private jet charter customers now have a way to compare their flight charter quotes against jet card pricing on a flight-by-flight basis

Private jet rentals typically entail going out to two, three, or four of your favorite brokers and ask them to quote the trip.

COVID-19 may not get you a refund if your private jet charter flight cancels

Rules for cancelling a private jet charter flight

The time to talk to your broker, operator or jet card provider about COVID-19 related cancellations is before you sign the contract

One problem in life is most consumers don’t read the fine print in contracts they sign until there’s a problem. That was a key point from panelists, including a private jet charter operator, a major charter broker, and executives of the National Air Transportation Association (NATA), during a webinar yesterday.

%d bloggers like this: