Private Jet Card Comparisons - Know Before You Buy
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Private jet activity in the U.S. reached 93% of 2020 levels during the first three weeks of a weather impacted February.
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.
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.
As airline passenger levels remained 75% below last year, a detailed analysis by Private Jet Card Comparisons of data from WingX shows not only that private jet flights were up year-over-year by 5%, but where they were going.
Normally a niche segment, private jets are becoming more important to the travel and tourism industry, which before the COVID-19 pandemic supported 10% of worldwide jobs.