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.

Sun Tzu | The Art of War
The Trouble with Transporters

More Articles

View All
The Problem With Startup "Experts"
There’s a lot of advice giving things that are attached to a large tech company or like a European conglomerate, and they’re like, “This is our Innovation lab and we are going to work with startups. Yes, and like we’ll be your first customer, we’ll be you…
Reflecting functions: examples | Transformations of functions | Algebra 2 | Khan Academy
What we’re going to do in this video is do some practice examples of exercises on Khan Academy that deal with reflections of functions. So, this first one says this is the graph of function f. Fair enough. Function g is defined as g of x is equal to f of …
A 750-Year-Old Secret: See How Soy Sauce Is Still Made Today | Short Film Showcase
In a small coastal town in Wakayama Prefecture, Japan, the traditional streets and buildings hold one of the best-kept secrets of Japanese Gastronomy. For it was here, in the 13th century, that soy sauce, as we know it, was first established and produced.…
Exponents of decimals
What we’re going to do in this video is get some practice evaluating exponents of decimals. So let’s say that I have 0.2 to the third power. Pause this video, see if you can figure out what that is going to be. Well, this would just mean if I take somet…
Analyzing concavity (algebraic) | AP Calculus AB | Khan Academy
So I have the function G here; it’s expressed as a fourth degree polynomial. I want to think about the intervals over which G is either concave upwards or concave downwards. Let’s just remind ourselves what these things look like. Concave upwards is an i…
Dostoevsky - Walk Your Own Path, Face Your Errors
In Crime and Punishment, Fyodor Dostoevsky wrote, “That’s man’s one privilege over all creation. Through error you come to the truth! I am a man because I err! You never reach any truth without making fourteen mistakes and very likely a hundred and fourte…