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.

Your Mass is NOT From the Higgs Boson

Warren Buffett: 90 Years of Wisdom Summed up in 16 Minutes

View All

15 Smart Money Moves for For Every Stage Of Life

When you’re young, you have time, you have health, but you have no money. When you’re middle-aged, you have money and you have health, but you have no time. When you’re old, you have money, you have time, but you have no health. By the time people realize…

Legendary Ships 100 Years Apart | National Geographic Documentary Films

This ship sank more than 100 years ago, and this is how its modern equivalent found the wreck. I’m historian Dan Snow, and I was privileged to be on board Aulus 2 on our mission to find Endurance’s wreck. Endurance was just 144 ft long; Aulus is three ti…

Guided meditation for procrastination

Welcome to the meditation on procrastination. And somewhat ironically, I’ve been procrastinating making this meditation, so we’re all in the same boat together. So, as with all meditations, posture and breathing makes a big difference. I really encoura…

Worked example: forming a slope field | AP Calculus AB | Khan Academy

In drawing the slope field for the differential equation, the derivative of y with respect to x is equal to y minus 2x. I would place short line segments at select points on the xy-plane. At the point (-1, 1), I would draw a short segment of slope blank.…

Circuit terminology | Circuit analysis | Electrical engineering | Khan Academy

In this video, we’re going to talk about some terminology that we use to talk about how circuits are put together. In previous videos, we’ve talked about the components or elements that are used to make up circuits. So, for example, a resistor, capacitor,…

SOUNDS.

Hey, Vsauce. Michael here. And I’m with Destin in Alabama. What he’s about to do is capture on a Phantom camera at a 1080 frames a second a hawk - that one - catching a target. But today we’re going to talk about sound. First things first. The Raptor Cen…

Why more people started flying in private jets

More Articles