Why more people started flying in private jets

less than 1m read

·Nov 3, 2024

What do you think COVID did for the private aviation industry? Because I'll be honest, when that whole thing was going on, that was kind of my first introduction to... staring. The charter travel got very crazy. Even though prices were quite crazy at that time, and it felt like every month they were going up, anything just to not deal with the headaches at the airports. Do you think a lot more people got introduced into the private aviation during that time?

There's no question about it. First of all, the ultra high net worth individual, which five years ago was 230,000 of those people, which is somebody worth 30 million or more, now it is 520,000 those people. The most jet card and fractional companies during that COVID period, they had 50 to 75% above any level they've ever had in demand of signing up new jet cards or fractionals.

And 50% of those people never flew on a corporate jet before. So all those people came out of the woodwork, 'cause those people who were those high net worth people or the corporations who really were a little bit tighter with their money, they started seeing, "I need that airplane," whether it's health reasons, flexibility. They're not going to those airports, timing.

How to get your life back together (+exact action plan)

Yes, Powerful Thoughts Can Change the World

View All

Who Owns The Moon?

Hey, Vsauce. Michael here. Gregory W. Nemitz registered some land containing 492 quintillion dollars worth of platinum. The land was right here… well, over here - an asteroid named 433 Eros. Not a single sovereign nation on earth recognizes human claims t…

Integration using completing the square and the derivative of arctan(x) | Khan Academy

All right, let’s see if we can find the indefinite integral of ( \frac{1}{5x^2 - 30x + 65} \, dx ). Pause this video and see if you can figure it out. All right, so this is going to be an interesting one. It’ll be a little bit hairy, but we’re going to w…

My Sister Got Malaria ....(And I Didn't) - Smarter Every Day 167

Video about global health issues. Now, here’s the deal: when you think about—let’s make a video about global health issues—you think about statistics and numbers and like money, or you think about your sister who served in the Peace Corps in Sub-Saharan A…

How to sell private jets to billionaires

So Steve, tell me, what’s the biggest lesson you’ve ever learned in business? Couple things. One, no doesn’t necessarily always mean no. Never give up, never give up no matter what. And you have to set a target in order to reach one. How old were you wh…

Lagrange multiplier example, part 2

So where we left off, we have these two different equations that we want to solve. Um, and there’s three unknowns: there’s S, the tons of steel that you’re using; H, the hours of labor; and then Lambda, this Lagrange multiplier we introduced that’s basica…

Scaling functions introduction | Transformations of functions | Algebra 2 | Khan Academy

So this is a screenshot of Desmos. It’s an online graphing calculator. What we’re going to do is use it to understand how we can go about scaling functions, and I encourage you to go to Desmos and try it on your own, either during this video or after. Le…

Why more people started flying in private jets

More Articles