yego.me
yego.me
💡 Stop wasting time. Read Youtube instead of watch. Download Chrome Extension

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.

Rounding to the nearest 100
How I Make Myself Work When I’m Lazy (it’s not discipline)

More Articles

View All
Strategies for subtracting basic decimals
Going to do in this video is begin to practice subtracting decimals, and we’re going to build up slowly. In future videos, we’re going to learn to do this faster and faster, and doing it for more and more complex situations. So let’s say we have 3⁄10 min…
Microbes, Robots, and Ambition - Robin Sloan on His Novel Sourdough
So, this is a kind of a weird jumping-off point, but I listened to you on, I think it was a Mother Jones podcast, and you very briefly mentioned a machine learning experiment for the audiobook. Yeah, could you talk about that a little bit longer? Sure, y…
Why Sharks Attack Cage Divers | Shark Attack Files
It’s a mystery. Great whites around the world have been attacking divers in cages. No one knows why this is frightening. Finally, Dr. Greg Scomo may have cracked the case. He thinks the sharks are chasing bait; they want to tease these sharks in tight to …
Explorers See Greenland's Glaciers Like Never Before | National Geographic
[Music] Lots of people who have tried before us had failed, and all of their aircraft are scattered across the ice cap. You ready? Oh yeah! When thinking about flying a tiny helicopter across the North Atlantic, the answer is no, way too dangerous, ab…
Random numbers for experimental probability | Probability | AP Statistics | Khan Academy
Pascale Rickets has invented a game called Three Rolls to Ten. You roll a fair six-sided die three times. If the sum of the rolls is 10 or greater, you win. If it is less than ten, you lose. What is the probability of winning Three Rolls to Ten? So, ther…
Adding and subtracting polynomials of degree one | Algebra 1 (TX TEKS) | Khan Academy
Let’s say that a is equal to 6 m - 4 N minus 7 p, and let’s also say that b is equal to 7 m - 3 n + 5 P. What I want to do in this video is figure out what is a + b equal to, and I want to express that in terms of M’s, n’s, and P’s. I want to use as few t…