Russia Sanctions: What private jet users need to know now

Russia sanctions

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.

2021’s 30 Biggest Charter/Fractional Private Jet Companies Ranked (Full Year)

NetJets Fleet

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.

51% of private jet users to fly more in 2022, eye new providers

jet card research

New research shows private jet flyers plan to fly more than 2021, but they are looking at new providers as the industry struggles with record demand and supply chain issues

– 51% will fly more than 2021, 41% will fly the same, and only 9% will fly less

28% of frequent private flyers are considering fractional or full aircraft ownership.

Private jet travelers plan to fly more in 2022 than 2021, according to a just-released survey of 452 Private Jet Card Comparisons subscribers.

Private jet CEOs talk trends, challenges, opportunities at Corporate Jet Investor

Phenom 300#

Private jet capacity, pricing, labor, consolidation, demand, investment, new jet owners, offer challenges and opportunities for private aviation providers

Over 450 industry CEOs and leaders gathered last week in Miami for Corporate Jet Investor. For two days they hashed about issues relevant to the overall industry, with a large focus on private jet travelers who fly via jet cards, memberships, and charter.

Is the current record level of demand here to stay? Where will the industry find the capacity to meet that demand? Is more consolidation coming? How many big players are there left to buy? What is Amazonian pricing? When will the supply chain improve? Where have all the pilots – and line workers gone? Are they coming back? How will all the outside investment impact private aviation? What about on-time performance? What type of changes will you see to your jet card program? With dwindling supply, are small brokers on life support?

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