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.

Adding and subtracting fractions with negatives | 7th grade | Khan Academy
Why Apollo Astronauts Trained in Nuclear Bomb Craters

More Articles

View All
Calculating gravitational potential energy | Modeling energy | High school physics | Khan Academy
In previous videos, we have introduced the idea of energy as the capacity to do work, and we have talked about multiple types of energies. We’ve talked about kinetic energy, energy due to motion. We’ve talked about potential energy, which is energy by vir…
The SEC Wants to Ban Passive Income | Crypto Under Attack
Here, Grammits guides you up what’s which, by the way, is my intro backwards. Today, we need to address a few unexpected curveballs that were just thrown at the markets. Because whether you’re invested in stocks, cryptocurrency, retirement accounts, or ev…
Finding equivalent ratios in similar triangles | Grade 8 (TX) | Khan Academy
We’re told Triangle FGH is similar to Triangle KLM. Which proportion could we use to find the length of segment KL? So segment KL is this one right over here, and they put an X there for the length of segment KL. Pause this video and see if you can figure…
Jessica Livingston Introduces Startup School SV 2014
Good morning! Hello everyone, welcome! I’m Jessica Livingston with Y Combinator. We’re going to get started now, and today’s a really special [Applause] day. Today is the 10th Startup School we’ve ever done. It’s pretty amazing to think we’ve been doing t…
Every Type of Wealth (Explained)
You know, money is just one of the 15 ways a person can be rich. In order to achieve real wealth in life, your goal should be to check off as many of these types of riches as you can. Here’s every type of wealth explained. Okay, so let’s start off with t…
Flora, Fauna, Funga | Documentary | National Geographic Society
(Tranquil music) (Birds chirping) - [Giuliana] Without fungi, no plant could live outside of water. Without fungi, nothing would decompose. (Tranquil music continues) (Birds chirping) Most of the fluxes of nutrients on our planet would not exist. Basicall…