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.
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.
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.
Customers looking for ultra-long-haul, fixed-rate private jet programs with guaranteed availability now can compare Qatar Executive with NetJets and VistaJet
Despite its name and Doha base, the operator of Gulfstream G650ERs, G500s, Bombardier Global 5000s and an XRS has its eyes on U.S. and European customers
Not since the short-lived existence of Zetta Jet has there been a player that looked like it might be able to challenge NetJets and VistaJet on the world stage, at least when it comes to offering an ultra-long-haul, fixed-rate, guaranteed availability program.
Long a key operator in the on-demand charter market, The Diamond Agreement, announced Tuesday, gives Qatar Executive a fixed-rate, ferry-fee free, guaranteed availability option many travelers crave.