Wyoming, Montana, Utah and Colorado have seen the smallest decreases in private jet flights so far this year, according to Argus TRAQPak
Just published data from Argus TRAQPak shows if you want to know where all the private jets have gone, head to the mountains. Wyoming, down 5.8%, Montana (-6.7%), Utah (-7.2%), and Colorado (-10.2%) saw the smallest decreases during the first nine months of the year. Arizona performed the best of non-mountain states with an 11.7% decline. Overall, private aviation flights were down 28.1% through the end of August.
A leading association executive warns the private jet rebound may not be sustainable
As the warm days of summer move the crisp weather of fall, at least one association boss is warning that the private jet rebound could be set to stall.
David Edwards, CEO of the Air Charter Association, a European trade group representing over 250 brokers and operators, said he is concerned about members hyping the nascent private aviation rebound. He pointed specifically to companies talking up increases in call volume to actual purchase levels of private flights.
For the first seven days of June Part 135 flights reached 68% of 2019 levels while fractional flying was at 65%; Airline passengers rebounded to 15% of last year’s totals
The most recent data from Argus and the TSA shows private jet travel’s strong rebound while passenger counts for airline flights remained at just 15% of 2019 levels, although also gaining.
Over 50% of private jet flight hours sold since the beginning of April were to new customers
Jet card leader Sentient Jet today offered more evidence that private jet travel is set to get a boost from first-timers.
The unit of Directional Aviation’s OneSky Flight said over 50% of the more than 5,000 private jet flight hours it sold since the beginning of April were to first-time customers. Private Jet Card Comparisons estimates that equates to around $15 million in purchases from new members.