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.

Lesson Planning with Khanmigo Webinar
Common denominators: 1/4 and 5/6 | Math | 4th grade | Khan Academy

More Articles

View All
Kevin O'Leary's INSANE Watch Collection: Rare and Exclusive Timepieces!
[Music] Just spectacular! Okay everybody, you know it’s time to get together and go through the collection again. It’s been such a long time, and so many changes have occurred in my collection. Lots of new entrance, lots of new dial ideas, lots of new con…
Reflecting and scaling absolute value function
[Instructor] The graph of y is equal to absolute value of x is reflected across the x-axis and then scaled vertically by a factor of seven. What is the equation of the new graph? So pause the video and see if you can figure that out. Alright, let’s work t…
Millionaire TIk Tok Entrepreneurs Must Be Stopped.
What’s up you guys? It’s Graham here. So, I think it’s no surprise if you’re here watching my channel right now; chances are you’re doing so because you’re interested in making money. I’ve dedicated this channel towards teaching people the intricacies of…
How to Identify a Bull Shark | Raging Bull Shark
NARRATOR: Researchers have confirmed 100 bull shark attacks. But the real number may be much higher because the bull shark is so difficult to identify. When you first look at a bull shark, it doesn’t really jump out at you that it’s a bull shark. It just …
When Life Hurts, Stop Clinging to It | The Philosophy of Epictetus
Our very sense of wellbeing is at gunpoint when we cling to the fickle, unreliable outside world. Around two thousand years ago, Stoic philosopher Epictetus observed that people are burdened and dragged down because they tend to care about too many things…
Why 80% of New Years Resolutions FAIL by today
What’s up you guys? It’s Graham here. So, how sad is this? 80% of New Year’s resolutions fail by the second week of February. And if you haven’t noticed, today is February 14th, the second week of February. Now, I know it’s also Valentine’s Day, but for t…