Record demand and supply chain issues are setting up Summer 2022 to be a cruel one for some private jet flyers
Want a theme song for private jet travel this Summer? I’m thinking Bananarama’s 1983 hit Cruel Summer. It goes, “It’s a cruel, cruel summer…Leavin’ me here on my own.”
Despite the hike in charter costs, fixed-rate jet membership programs still offer lower prices than on-demand private jet rentals
Jet card fixed/capped rate private jet charter prices continue to go up. The lead time to book is increasing, and there are more restrictive peak days. However, an analysis by Private Jet Card Comparisons shows private jet membership programs with fixed/capped hourly rates still aren’t keeping up with higher prices for on-demand charters.
If you own a fractional share, charter private jets or are buying a private jet, here’s what you need to know about current Russian sanctions
Sanctions against Russia could extend more broadly to private aviation users than you contemplated. Impacts reach buying jets and possibly current fractional shareowners and even chartering private jets.
NetJets, Flexjet, Wheels Up, Vista Global hold serve as four largest North American Part 135/Part 91k private jet operators for 2021; FlyExclusive leaps to 5th
The 10 largest private jet companies increased their share of Part 135/91k flight hours to 45.1% from 44.3% in 2020
Solairus (89.3%), Airshare (77.1%), FlyExclusive (76.3%), NetJets (61.4%), Jet Edge (59.9%), and Wheels Up (55.0%) record biggest percentage growth
Read our detailed 2021 Year-in-Review for each of the 10 largest private aviation providers, including flight hour activity since 2019
There was no change among the top four North American private jet holding companies, based on combined Part 135 and Part 91k flight hours. However, Argus TraqPak data shows a new player in the 5th spot. FlyExclusive moved from 10th in 2019 to 8th in 2020. The table below provides a company-by-company ranking for the 30 largest private jet companies in 2021, including flight hours and market share.