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.

As private jet flying soars, so do traveler complaints

private jet

Nearly 20% of Private Jet Card Comparisons’ have experienced service letdowns in the past several months, according to a new survey

Let’s start with the good news. When you fly privately, you don’t have to worry about fisticuffs or surly flight attendants. You avoid snaking TSA lines, and increasingly crowded terminals. You use more convenient airports, saving time. On the other hand, 20% of subscribers to Private Jet Card Comparisons experienced service lapses in recent months. The letdowns come as private flying has soared to record levels.

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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