XO and VistaJet parent Vista Global Holding is acquiring on-demand private jet charter broker Apollo Jets and Part 135 operator Talon Air
Talon Air is the 14th largest charter operator in the U.S. It expands Vista Global into aircraft management
In 2018, it bought XOJET. JetSmarter came in 2019. Last year Dubai-based holding company Vista Global Holding snapped up Red Wing Aviation. Now the parent of VistaJet is acquiring on-demand charter broker Apollo Jets. It is also gaining 49% of Apollo’s 70% interest in Part 135 operator and management company Talon Air. The latter is the 14th largest U.S. charter operator based on flight hours, according to Argus TRAQPak.
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.
Websites that offer “free” analysis and recommendations of which private jet providers you should use need to make money somewhere. “Free” platforms like Robinhood that make the user the product may be expensive at the end of the day
What does finding the right private jet solution have to do with Robinhood, Gamestop, or for that matter, platforms like Facebook or A Place For Mom? Surprising a lot, and it’s proof free can be costly.
Private Jet Card Comparisons launches JET CARD DECIDER 2.0, providing an automated experience that makes finding your best jet card, private jet membership, charter, and fractional options easier than ever
Private Jet Card Comparisons unveils JET CARD DECIDER 2.0 today. It’s a new automated way for subscribers to find the right private aviation solution for their needs more easily. The automated solution enables users to request a custom analysis online via smartphones, tablets, and desktops. The entire process takes minutes.