Category: Companies that Own Jets

Private Jets Key Points:

• The U.S. is seeing a 40% increase in business jet take-offs and landings.
• Jefferies Equity Research data shows that, as IPO activity increased, business jet deliveries increased in association with it in 2021.
• The inventory of used jets has fallen to record levels, with most major jet manufacturers reporting a level of around 3% or less.

Private jets demand is so high that companies cannot produce them fast enough, and buyers have to wait longer for their deliveries.  Even secondhand business jets disappear from the marketplace. (more…)

When considering private jets applications, an individual may presume that business travel is a significant reason business executives would charter an aircraft. This is right; business travel is among the top reasons for charter. Now, what types of organizations are leading the charge in private aviation?

The business and finance industries are among the top businesses that may come to mind if you ask that question, and you may not be far off. Private business charter companies have helped customers from a vast array of sizes, industries, and specialized niches get the best solution for every moment as a private jet charter leader. We are drawing from that expertise to analyze what sorts of organizations use private jets for their traveling programs.

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Executive private jet airplanes owned by big corporations for executive traveling are in decline. Jets are remarkably expensive alone, and their required aircrews and ground support teams include enormous financial strain on corporations’ budgets.

How they are economical is only when they are used frequently to justify the price of storage and related payroll. Alternatively, many companies are choosing to use private jet firms and charter services.

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