Backed by record demand and with no letup in sight, operators from NetJets to niche brokers are announcing ambitious fleet growth targets
Private jet fleet capacity has become one of the industry’s hottest issues. Demand for private aircraft, owned, via charters, jet cards, and fractional shares, continues to surge to record levels. Charter and jet card flights tracking 30% higher than 2019 pre-pandemic levels combined with owners flying their jets more is putting a strain on the system. Supply chain and labor issues impacting the greater economy are impacting the private aviation industry. It’s creating a new reality for private jet flyers.
Ricky Sitomer’s charter broker Star Jets International set a record for 2021 first-half revenues posting $6 million in sales
Star Jets International, Inc. (OTCPink: JETR) said it booked $6 million in revenues, an all-time record in revenues for the first half of 2021. It’s a 40% increase compared to the first half last year when it sold $4.3 million in charter flights.
While some programs have peak day surcharges up to 67%, these jet cards have 0% surcharges on high-demand days
Peak days in jet card programs are just that. They are the dates with the highest demand. They’re typically around major holidays, sporting events, and school breaks. With surcharges ranging up to 67%, travel on peak days is best avoided. But, if you aren’t flexible on your travel dates, these North American programs won’t charge you extra to fly.