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.

From Coal to Solar in New Delhi | Years of Living Dangerously

The world depends on a collection of strange items. They're not cheap

View All

Applying the chain rule and product rule | Advanced derivatives | AP Calculus AB | Khan Academy

What we’re going to do in this video is try to find the derivative with respect to X of (x^2 \sin(X)) all of that to the third power. And what’s going to be interesting is that there are multiple ways to tackle it. I encourage you to pause the video and …

Scratch your brain #Shorts

Scratching out one of your notes means you’re noting that the note no longer needs to be noted. Try saying that five times really fast. These are shower thoughts. Another tongue twister: the more I light my lighter, the lighter my lighter gets until it’s…

15 Practical Advice for People Under 30

You’re young, and everyone is trying to point you in different directions. The problem is most of them are idiots. A society collapses when the wise listen and the idiots give advice. Those who haven’t walked the path can’t tell you what the journey is li…

Balloons on the River - (Decatur - Sufjan Stevens) Alabama Jubilee

One two three [Music] four. Our stepmom, we did everything to hate her. She took us down to the edge of the theater. We saw the lion and the kangaroo. Take her down to the river where they call the wild. [Music] Alligator singing man overflow C the mudl o…

Natural resources | Earth and society | Middle school Earth and space science | Khan Academy

[Instructor] Humans are an amazingly adaptable species. Not only can we survive almost anywhere, we also find ways to thrive even in the most inhospitable environments. Our clever brains allow us to look at the world around us and figure out how to find…

Paycheck Squabble | Wicked Tuna

What do you think of a nice tuna check when we go in? Oh right, one out. All right. I think we were fishing every day, really. Hmm, so far in this trip, we’ve already lost two paychecks. And to top it off, I still haven’t been paid for the first three fi…

Why more people started flying in private jets

More Articles