The most popular private jets of 2020 revealed

Gulfstream G450

Gulfstream bumped Bombardier as the most used large private jet in 2020 while holding onto the top spot in super long-range private jets, according to Argus TRAQPak

Textron Aviation’s Citation Excel/XLS, Mustang, and King Air 200 were the most flown aircraft in their respective categories

Gulfstream Aerospace had the most popular large cabin and super long-range private jets in 2020, according to just-released data from Argus TRAQPak.

At the same time, Textron Aviation saw three of its business aircraft take the top spot in three of the eight categories. Its Beechcraft King Air 200 was the most flown multi-engine turboprop. The Cessna Citation Mustang was the most popular very light jet. Its Citation Excel/XLS/XLS+ won the midsize private jet category.

A look at new Jet Card providers from 2020

New jet cards 2020

These companies launched jet cards and private jet memberships during 2020

Recently, Sentient Jet CEO Andrew Collins told Bloomberg that private jet cards and membership were having a “moment.” Judging by the number of new entrants, the trend is not going unnoticed.

JetSuite burned through at least $100 million in cash before filing for Chapter 11

JetSuite bankruptcy

In addition to over $50 million in jet card deposits, grounded private jet charter operator JetSuite received over $57 million from affiliates since 2016

Flight delays caused by President Trump, stolen silverware, broken coffee makers and ‘race to the bottom’ pricing’ increased the losses

Is a JetSuite 2.0 in the works?

Court documents from the bankruptcy proceedings of Superior Air Charter, LLC, better known as JetSuite, show a company that was burning through cash since at least 2016.

During that time both JetBlue Airways and Qatar Airways made investments into the parent company JetSuiteX, Inc. Additionally, JetSuite used $50 million in unredeemed deposits from jet card customers towards operations, something its contracts permitted. The company, like other key players in the market, did not offer an escrow account.

Qatar Executive

qatar executive private jet

Qatar Executive Overview

Year Founded2009
LeadershipAkbar Al Baker, Group CEO
HeadquartersDoha, Qatar
Jet Card Hourly RatesRates are customized to individuals based on flying needs
Related ProductsOn-demand CharterEmpty Legs
Related CompaniesA subsidiary of Qatar Airways Group; In the group with Qatar Duty-Free, Qatar Airways Cargo, Al Maha Services, Qatar Aviation Services, Qatar Aircraft Catering

Founded in 2007 as a fully owned subsidiary of award-winning Qatar Airways, Qatar Executive has a fleet of long-range and ultra-long-range Gulfstream and Bombardier jets. It is a launch customer for the Gulfstream G700.

In 2020, it launched The Diamond Agreement offering global fixed-rate, guaranteed-availability private jet solutions.

Qatar Executive is included in Private Jet Card Comparisons’ database of over 50 jet card providers, enabling you to compare programs in minutes.

Who owns it?

 It is a wholly-owned subsidiary of Qatar Airways

When was it founded?

2009

Who is the CEO?

 Akbar Al Baker is CEO of the group

How are aircraft sourced?

Qatar Executive owns its aircraft

Qatar Executive Fleet

AircraftSize
Global XRSUltra-Long-Haul
Global 5000Ultra-Long-Haul
Gulfstream G650ERUltra-Long-Haul
Gulfstream G700Ultra-Long-Haul
Source: Qatar Executive

What are the initiation and membership fees?

None

What is the entry-level program?

The Diamond Agreement starts at 50 hours per year

Does The Diamond Agreement provide guaranteed availability?

Yes

Is the hourly rate guaranteed?

Yes

Can jet card holders/members use multiple aircraft at the same time?

Based on availability

What is the company website?

www.qatarexecutive.com

Where is headquarters?

Doha, Qatar

Contact a Sales Executive at Qatar Executive

Latest Qatar Executive News

The latest news and updates from Qatar Executive:
%d bloggers like this: