Private jets’ share of global fixed-wing flight activity has increased to 19% this year compared to 12% prior to 2020, according to WingX
Private aviation accounted for 19% of all fixed-wing activity so far this year compared with 12% for the same period in 2020, according to WingX. That’s despite a year-to-date decline of 8% for private flying comparing with a 24% dive last year. It also reflects the continued swoon for scheduled airlines.
Private jet management and jet card provider Jet Linx has named luxury hotel executive Christof Pignet to head its client experience team
Jet card provider Jet Linx Aviation has hired Christof Pignet as Vice President of Client Experience. He joins the Omaha-based aircraft management company’s executive leadership team.
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.
Covid-19 impacted private jet deliveries to 644 units, down 20.4% from 809 in 2019, and the lowest since 2004.
New private jet deliveries dropped by 20.4% from 809 in 2019 to 644 last year. It was the lowest total since 2004, according to the General Aviation Manufacturers Association.