UHNW travel trends Archives

Demand for private jets will continue, according to new survey

July 11, 2021July 11, 2021by Doug Gollan1 Comment

Even as the Covid pandemic winds down, a new survey of private jet users suggests no end to the record surge in private aviation demand

– Average jet card deposit increased 12% to $237,267 from January’s survey

– 53% of new private aviation users will continue to fly privately on a regular basis post-Covid, up 29% since January

A just released survey of subscribers to Private Jet Card Comparisons shows the demand surge trend for private aviation is likely to continue for the foreseeable future.

Continue reading “Demand for private jets will continue, according to new survey”

Florida private jet flights surge, Texas drops

February 27, 2021February 27, 2021by Doug Gollan

Wing-X’s Global Market Tracker shows the impact of the polar weather on private jet travel trends

Private jet activity in the U.S. reached 93% of 2020 levels during the first three weeks of a weather impacted February.

Continue reading “Florida private jet flights surge, Texas drops”

COVID-19 Private Jet Trends: More pets, kids, and shorter booking windows

December 16, 2020December 16, 2020by Doug Gollan

COVID-19 is not only driving new customers, but more pets, kids and shorter lead times for private jet charter bookings, according to PrivateFly

More new customers, more pets, more kids, and shorter lead times for booking private jet charters. The COVID-19 pandemic has had a major impact on who and where for the private jet market, according to PrivateFly’s annual Private Jet Charter Trends 2020 report.

Continue reading “COVID-19 Private Jet Trends: More pets, kids, and shorter booking windows”

Young UHNWs and billionaires are powering sales of large private jets

November 30, 2020December 1, 2020by Doug Gollan

Ultra-High Net Worth private aircraft buyers under the age of 50 favor large-cabin private jets by a margin of 31 percentage points

Young Ultra-High Net Worth buyers like it big when it comes to their private jets. That’s according to a just-published market outlook for pre-owned aircraft sales by broker Jetcraft. It found 81% of buyers under 50 take large-cabin private jets compared to just 50% of older customers.

Continue reading “Young UHNWs and billionaires are powering sales of large private jets”