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Yahoo
12-08-2025
- Business
- Yahoo
[Latest] Global Air Charter Broker Market Size/Share Worth USD 29.49 Billion by 2034 at a 5.5% CAGR: Custom Market Insights (Analysis, Outlook, Leaders, Report, Trends, Forecast, Segmentation, Growth Rate, Value, SWOT Analysis)
[220+ Pages Latest Report] According to a market research study published by Custom Market Insights, the demand analysis of Global Air Charter Broker Market size & share revenue was valued at approximately USD 21.3 Billion in 2024 and is expected to reach USD 22.5 Billion in 2025 and is expected to reach around USD 29.49 Billion by 2034, at a CAGR of 5.5% between 2025 and 2034. The key market players listed in the report with their sales, revenues and strategies are Air Charter Service, Chapman Freeborn, VistaJet (via XO and Jet Edge), Flexjet (including FXAIR and Sentient Jet), Victor, PrivateFly, Jet Aviation (a General Dynamics company), GlobeAir, Air Partner (a Wheels Up company), Paramount Business Jets, LunaJets, Jetex Flight Support, Avinode Group, ACS (Aviation Charter Services India), Fly Victor Ltd., Stratos Jet Charters, Villiers Jets, Elit'Avia, Solairus Aviation & Others. Austin, TX, USA, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Custom Market Insights has published a new research report titled 'Air Charter Broker Market Size, Trends and Insights By Service Type (Passenger Charter, Cargo Charter, Medical Evacuation Charter, VIP & Government Charter, Group Charter, Time-Critical Freight Charter), By End-User (Corporations and Business Travelers, Oil & Gas and Energy Companies, Government and Defense Agencies, Sports Teams and the Entertainment Industry, Freight Forwarders and Logistics Companies, Healthcare and Emergency Services, NGOs and Humanitarian Organizations), By Broker Type (Independent Brokers, Operator-Affiliated Brokers, Digital Platform-Based Brokers), By Charter Type (Ad-hoc Charter, Block Hour Charter, Empty Leg Charter, On-Demand Charter), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025 – 2034' in its research database.'According to the latest research study, the demand of global Air Charter Broker Market size & share was valued at approximately USD 21.3 Billion in 2024 and is expected to reach USD 22.5 Billion in 2025 and is expected to reach a value of around USD 29.49 Billion by 2034, at a compound annual growth rate (CAGR) of about 5.5% during the forecast period 2025 to 2034.' Click Here to Access a Free Sample Report of the Global Air Charter Broker Market @ Overview According to industry analysts at CMI, Air Charter Brokers serve as intermediaries linking operators with potential clients. Generally, brokerage operations consist of acting as an intermediary between operators and clients without operating aircraft themselves. However, some brokers might also operate aircraft, though this is rare. The top-tier Air Charter Broker Market is mainly focused on various requirements: health, sports, government, business, pleasure, and other private views-increased demand for more flexible, on-demand air travel solutions. Companies are increasingly opting for charter services so that they can prevent being subjected to commercial flight delays, maintain utmost confidentiality, and reach areas not covered commercially. The increasing demand has become even more evident post-pandemic, with travel safety and convenience pushing private charterization. High-net-worth individuals, sports teams, and government agencies also add to their demands, thereby expanding the market. On the other side, the demand for time-sensitive cargo shipments, including pharmaceuticals, electronics, and perishables, has increased. Brokers are crucial because they factor client requirements and match them with available aircraft while supplying customized services without owning the fleet. The developments of digital booking platforms and real-time tracking of aircraft availabilities have been instrumental in the improvement of Air Charter brokerage operations, adding some degree of transparency while engaging a new customer base, hence supporting further market growth. Key Trends & Drivers Surge in Business Aviation Travel Demand: In growing time-conscious and flexible travel scenarios for corporate executives, air charter is increasingly sought after. Business aviation offers privacy, direct routing, and the least congested airports for landing. With globalization and the increase in inter-regional trade, the big companies are into executive mobility. A broker helps match the client's requirements to suitable aircraft or options, enabling short-notice travel and multi-leg itineraries. This is mostly the case when commercial flights do not afford enough connectivity in the given region. The Growing Emergency Medical Services Segment: Air ambulance and medical evacuation services are on the rise, particularly in the remote or conflict-rone areas. Charter brokers coordinate the quick deployment of aircraft for patients requiring urgent transport. With the availability of jets and helicopters that are medically equipped, the segment gets further monetized. Further profitability stems from public and private partnerships, with air medical coverage based on insurance. Rise in High-Net-Worth Individual Travel: With rising worldwide numbers of high-net-worth individuals (HNWIs), demand is growing for luxury and customized air travel. Air charter brokers provide customized flight solutions, including tailor-made itineraries and VIP treatment. Regions such as the Middle East, North America, and Asia-Pacific are witnessing considerable growth in private aviation. Seasonal leisure travel, special events, and access to a second home also increase the growth of the market. Request a Customized Copy of the Air Charter Broker Market Report @ The Rise of Digital Booking Platforms Changes Client Experience: Real-time charter booking platforms have changed the nature of the broker-client relationship. Digital services compare prices, check aircraft availability, and generate an immediate quote. This increases transparency and decreases response time, supporting broker-client interaction and building clients' trust in brokers. Those brokers who embrace technology platforms get ahead of the competition and grow their client base by attracting the next generation. Volatility in Fuel and Operating Cost Factors: Variations in aviation fuel prices and growing operational expenses have a heavy influence on the pricing structure of charter services. The charter brokers find themselves forced to constantly revise their quotations and adjust their sourcing strategies to preserve their margins. This volatility will have a direct impact on retaining the clients, especially those from the price-sensitive segments. Besides fuel hedging, route optimization and fleet diversification will have to be some of the primary strategies to contain this cost volatility. Regulatory Changes Affecting Market Access: Regulatory interventions regarding flight permits, pilot certifications, and cross-border operations often influence broker activity. Altered air traffic rights or taxation regimes would delay departures or curtail service territories. And these, in turn, create regional differences in compliance requirements affecting international chartering. Brokers must remain in touch with industry regulations to ensure smooth charter coordination within the legal timeframe. Report Scope Feature of the Report Details Market Size in 2025 USD 22.5 Billion Projected Market Size in 2034 USD 29.49 Billion Market Size in 2024 USD 21.3 Billion CAGR Growth Rate 5.5% CAGR Base Year 2024 Forecast Period 2025-2034 Key Segment By Service Type, End-User, Broker Type, Charter Type and Region Report Coverage Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends Regional Scope North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America Buying Options Request tailored purchasing options to fulfil your requirements for research. (A free sample of the Air Charter Broker report is available upon request; please contact us for more information.) Our Free Sample Report Consists of the following: Introduction, Overview, and in-depth industry analysis are all included in the 2024 updated report. The COVID-19 Pandemic Outbreak Impact Analysis is included in the package. About 220+ Pages Research Report (Including Recent Research) Provide detailed chapter-by-chapter guidance on the Request. Updated Regional Analysis with a Graphical Representation of Size, Share, and Trends for the Year 2025 Includes Tables and figures have been updated. The most recent version of the report includes the Top Market Players, their Business Strategies, Sales Volume, and Revenue Analysis Custom Market Insights (CMI) research methodology (Please note that the sample of the Air Charter Broker report has been modified to include the COVID-19 impact study prior to delivery.) Request a Customized Copy of the Air Charter Broker Market Report @ SWOT Analysis Strengths: Air charter brokers possess a key advantage of flexibility, implying personal treatment to clients and global access to all airliner options without ever owning any aircraft, with the corresponding advantage that their fixed expenses are very low. Given their inconceivable power to match customer needs from a fairly large plethora of aircraft options across private, medical, and cargo segments, they impart a strong competitive advantage to themselves. Brokers further maintain end-to-end travel coordination, including permits and logistics. With the growing demands for executive, emergency, and luxury travel, brokers have become an important finishing touch within a fragmented market. Their flexibility and quick response toward customized solutions fit well when trying to satisfy high-net-worth individuals, corporations, and government clients in need of non-scheduled air travel. Weaknesses: The air charter broker market is highly fragmented and unregulated and, therefore, has inconsistent quality of service from one broker to another. Many brokers still pursue manual processes or archaic systems; thus, they may not only delay answering clients but also block the opportunity for transparency. There exists reliance on third-party aircraft availability, which takes away from the broker the ability to control price and service levels. Limited brand recall and differentiation further exert competitive pressure. Small-sized brokers feel handicapped in terms of marketing reach and retaining clients, as well as investing in digital platforms. Regulatory vagueness, especially in cross-border operations, adds strain on the operation. All these setbacks have a reputation bearing upon client trust, scalability, and long-term prospects to remain profitable in an ever-evolving aviation landscape. Opportunities: Exponential demand for tailored and on-demand air transport drives massive growth possibilities in business, leisure, and medical segments. Digital booking platforms coupled with AI-based route optimization tools and dynamic pricing will be a win-win for brokers looking to work efficiently while providing a greater client experience. Deficient commercial connectivity in emerging markets like Southeast Asia, the Middle East, and Latin America is a blessing in disguise to cover the bases for brokers. Diversifying revenue streams with partnerships alongside luxury travel agencies, healthcare networks, and event organizers could be lucrative. Regulatory backing for regional air mobility alongside the rise of electric vertical takeoff aircraft (eVTOLs) may offer some long-term solutions for status and reach. Threats: Economic slowdowns, fuel price fluctuations, and geopolitical uncertainty directly affect the demand for non-essential charter services. Competition from operators offering jet cards and fractional ownership systems threatens the relevancy of a charter broker in the eyes of frequent travelers. Stringent regulation enforcement, compliance with safety standards, and border control measures may affect flights through delays and cancellations and subsequent reputation ramifications. Disruption due to technology through self-service digital platforms has attracted customers away from traditional brokers. Moreover, heightened expectations from customers relating to transparency, speed, and reliability are forcing brokers into ever-increasing new obligations to upgrade their systems. Other threats loomed at the door, i.e., cybersecurity threats and data privacy risks on digital platforms. Therefore, it is quite necessary for the protection of client trust and safeguarding the business from confidential travel information. Request a Customized Copy of the Air Charter Broker Market Report @ Key questions answered in this report: What is the size of the Air Charter Broker market and what is its expected growth rate? What are the primary driving factors that push the Air Charter Broker market forward? What are the Air Charter Broker Industry's top companies? What are the different categories that the Air Charter Broker Market caters to? What will be the fastest-growing segment or region? In the value chain, what role do essential players play? What is the procedure for getting a free copy of the Air Charter Broker market sample report and company profiles? Key Offerings: Market Share, Size & Forecast by Revenue | 2025−2034 Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Leading Trends Market Segmentation – A detailed analysis by Types of Services, by End-User Services, and by regions Competitive Landscape – Top Key Vendors and Other Prominent Vendors Buy this Premium Air Charter Broker Research Report | Fast Delivery Available - [220+ Pages] @ Regional Perspective The Air Charter Broker market is divided across different regions such as North America, Europe, Asia-Pacific, and LAMEA. This is a cursory overview of each region: North America: The region continues to maintain a leadership position in the air charter brokerage, supported by compelling corporate travel demand, the existence of major operators for chartering purposes, and frequent charter bookings by a host of government and defense agencies. The U.S. dominates because of its advanced aviation infrastructure and discretionary income that can afford VIP and medical charters. Supporting this growth are the digitized booking platforms and demand for more spontaneous charters for groups. The requirement for cross-border business travel, as well as time-sensitive cargo, induces a greater momentum in the overall market in the region. Europe: The European market represents a huge share in the air charter brokerage market, thanks to the extensively developed tourism industry, plus travel across borders for business and sport and entertainment charters. High demand is observed for VIP and corporate charters in countries like the UK, Germany, and France. The standardized regulations of EASA have also eased chartering operations across countries. Sustainable chartering practices are currently being pushed, along with partnerships with private terminals in this region, to ensure the best experience for their clientele. Asia-Pacific: Asia-Pacific observes the event of the highest rates in aviation activity, with increasing business aviation primarily in China, India, and Southeast Asia. Other factors augmenting this growing clientele are expanding multinational operations, increasing medical evacuation requirements, and tourism growth. Moreover, increased requirements for humanitarian and emergency charters prevail in disaster-prone areas. The investments in aviation infrastructure and growth in booking platforms of a digital nature further fortify the adoption of charter services across corporate, logistics, and defense end-users, particularly in the developing economies in the world. LAMEA (Latin America, the Middle East, and Africa): In the LAMEA region, air charter brokering witnessed steady growth due to increasing requirements for oil & gas exploration, humanitarian operations, and diplomatic traffic. On the other hand, the Middle East market thrives on the demand of high-net-worth individuals for VIP and government chartering. Africa and Latin America see chartering demand from NGOs and healthcare sectors for time-critical logistics. However, limited aviation infrastructure in some areas at present constitutes a hindrance, though with greater regional cooperation and government backing, these issues are being looked into and solved. Request a Customized Copy of the Air Charter Broker Market Report @ (We customized your report to meet your specific research requirements. Inquire with our sales team about customizing your report.) Still, Looking for More Information? Do OR Want Data for Inclusion in magazines, case studies, research papers, or Media? Email Directly Here with Detail Information: support@ Browse the full 'Air Charter Broker Market Size, Trends and Insights By Service Type (Passenger Charter, Cargo Charter, Medical Evacuation Charter, VIP & Government Charter, Group Charter, Time-Critical Freight Charter), By End-User (Corporations and Business Travelers, Oil & Gas and Energy Companies, Government and Defense Agencies, Sports Teams and the Entertainment Industry, Freight Forwarders and Logistics Companies, Healthcare and Emergency Services, NGOs and Humanitarian Organizations), By Broker Type (Independent Brokers, Operator-Affiliated Brokers, Digital Platform-Based Brokers), By Charter Type (Ad-hoc Charter, Block Hour Charter, Empty Leg Charter, On-Demand Charter), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025 – 2034' Report at of the prominent players in the Air Charter Broker Market: Air Charter Service Chapman Freeborn VistaJet (via XO and Jet Edge) Flexjet (including FXAIR and Sentient Jet) Victor PrivateFly Jet Aviation (a General Dynamics company) GlobeAir Air Partner (a Wheels Up company) Paramount Business Jets LunaJets Jetex Flight Support Avinode Group ACS (Aviation Charter Services India) Fly Victor Ltd. Stratos Jet Charters Villiers Jets Elit'Avia Solairus Aviation Le Bas International Others Click Here to Access a Free Sample Report of the Global Air Charter Broker Market @ Spectacular Deals Comprehensive coverage Maximum number of market tables and figures The subscription-based option is offered. Best price guarantee Free 35% or 60 hours of customization. Free post-sale service assistance. 25% discount on your next purchase. Service guarantees are available. Personalized market brief by author. Browse More Related Reports: Ballistic Missile Market: Ballistic Missile Market Size, Trends and Insights By Launch Mode (Surface-to-Surface, Surface-to-Air, Air-to-Surface, Air-to-Air, Subsea-to-Air), By Range (Short-range, Medium-range, Intermediate-range, Intercontinental), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025 – 2034 US UAV Propulsion System Market: US UAV Propulsion System Market Size, Trends and Insights By Propulsion Type (Electric, Thermal, Hybrid), By Range (Long Range, Medium Range, Short Range), By End-user (Military Defense, Commercial, Consumers), and By Region - Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025–2034 Military Laser Weapons Market: Military Laser Weapons Market Size, Trends and Insights By Product Type (High-Energy Laser (HEL), Low-Energy Laser), By Platform (Land-Based, Naval-Based, Airborne-Based), By Power Level (Less than 20 kW, 20–100 kW, Above 100 kW), By End User (Army, Air Force, Navy, Special Forces, Defense Research Organizations), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025 – 2034 Wide Body Aircraft MRO Market: Wide Body Aircraft MRO Market Size, Trends and Insights By Service Type (Airframe MRO, Engine MRO), By End User (Airlines, Freight Operators), By Aircraft Type (Passenger Aircraft, Cargo Aircraft), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025–2034 Active Phased Array Radar Market: Active Phased Array Radar Market Size, Trends and Insights By Component (Transmitter, Receiver, Antenna, Digital Signal Processor, Others), By Platform (Airborne, Naval, Land, Space), By Application (Defense, Commercial, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025 – 2034 Aircraft Fuel Cell Market: Aircraft Fuel Cell Market Size, Trends and Insights By Fuel Type (Hydrogen Fuel Cells, Hydrocarbon Fuel Cells, Others), By Power Output (0-100 kW, 100 kW- 1MW, 1 MW & Above), By Aircraft Type (Fixed Wing, Rotary Wing, UAVs, AAM), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025–2034 Aircraft Component Market: Aircraft Component Market Size, Trends and Insights By Aircraft Type (Commercial Aircraft, Business Jet, General Aviation Aircraft, Helicopters), By Component (Engine, Wheel and Brakes, Landing Gear, Avionics, Fuel System, Hydraulic System, Cockpit System, Others), By End Users (Commercial, Military, Government), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025–2034 Defense Navigation Market: Defense Navigation Market Size, Trends and Insights By Platform Type (Airborne platform, Naval platform, Land platform), By Application (Navy (Ship, Boat, Underwater vehicles), Airforce, Military), By Technology (Fiber optic gyro navigation system, Ring laser gyro navigation system, Mechanical navigation system, Hemispherical resonator gyro navigation system, Micromechanical systems based navigation system, Others), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2025–2034 The Air Charter Broker Market is segmented as follows: By Service Type Passenger Charter Cargo Charter Medical Evacuation Charter VIP & Government Charter Group Charter Time-Critical Freight Charter By End-User Corporations and Business Travelers Oil & Gas and Energy Companies Government and Defense Agencies Sports Teams and the Entertainment Industry Freight Forwarders and Logistics Companies Healthcare and Emergency Services NGOs and Humanitarian Organizations By Broker Type Independent Brokers Operator-Affiliated Brokers Digital Platform-Based Brokers By Charter Type Ad-hoc Charter Block Hour Charter Empty Leg Charter On-Demand Charter Click Here to Get a Free Sample Report of the Global Air Charter Broker Market @ Regional Coverage: North America U.S. Canada Mexico Rest of North America Europe Germany France U.K. Russia Italy Spain Netherlands Rest of Europe Asia Pacific China Japan India New Zealand Australia South Korea Taiwan Rest of Asia Pacific The Middle East & Africa Saudi Arabia UAE Egypt Kuwait South Africa Rest of the Middle East & Africa Latin America Brazil Argentina Rest of Latin America This Air Charter Broker Market Research/Analysis Report Contains Answers to the following Questions. Which Trends Are Causing These Developments? Who Are the Global Key Players in This Air Charter Broker Market? What are the company profiles, product information, and contact details of these key players? What Was the Global Market Status of the Air Charter Broker Market? What Was the Capacity, Production Value, Cost and PROFIT of the Air Charter Broker Market? What Is the Current Market Status of the Air Charter Broker Industry? What's the market's competition in this industry, both company-wise and country-wise? What's Market Analysis of Air Charter Broker Market by Considering Applications and Types? What Are Projections of the Global Air Charter Broker Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about imports and exports? What Is Air Charter Broker Market Chain Analysis by Upstream Raw Materials and Downstream Industry? What Is the Economic Impact On Air Charter Broker Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends? What Are Market Dynamics of Air Charter Broker Market? What Are Challenges and Opportunities? What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Air Charter Broker Industry? Click Here to Access a Free Sample Report of the Global Air Charter Broker Market @ Reasons to Purchase Air Charter Broker Market Report Air Charter Broker Market Report provides qualitative and quantitative analysis of the market based on segmentation involving economic and non-economic factors. Air Charter Broker Market report outlines market value (USD) data for each segment and sub-segment. This report indicates the region and segment expected to witness the fastest growth and dominate the market. Air Charter Broker Market Analysis by geography highlights the consumption of the product/service in the region and indicates the factors affecting the market within each region. The competitive landscape incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled. The analysis includes extensive company profiles, which include company overviews, insights, product benchmarking, and SWOT analyses for the major market players. The Industry's current and future market outlook concerning recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging and developed regions. Air Charter Broker Market The report encompasses a comprehensive market analysis from multiple viewpoints, utilizing Porter's five forces analysis, and offers valuable insights into the market through the Value Chain. Reasons for the Research Report The study provides a thorough overview of the global Air Charter Broker market. Compare your performance to that of the market as a whole. Aim to maintain competitiveness while innovations from established leaders drive market growth. Buy this Premium Air Charter Broker Research Report | Fast Delivery Available - [220+ Pages] @ What does the report include? Drivers, restrictions, and opportunities are among the qualitative elements covered in the worldwide Air Charter Broker market analysis. The report covers the competitive environment of current and potential participants in the Air Charter Broker market, along with those companies' strategic product development ambitions. This study conducts a qualitative and quantitative analysis of the market based on the component, application, and industry vertical. Additionally, the report provides comparable data for the key regions. The report provides actual market sizes and forecasts for each segment mentioned above. Who should buy this report? Participants and stakeholders worldwide Air Charter Broker market should find this report useful. The research will be useful to all market participants in the Air Charter Broker industry. Managers in the Air Charter Broker sector are interested in publishing up-to-date and projected data about the worldwide Air Charter Broker market. Governmental agencies, regulatory bodies, decision-makers, and organizations want to invest in Air Charter Broker products' market trends. Analysts, researchers, educators, strategy managers, and government organizations seek market insights to develop their plans. Request a Customized Copy of the Air Charter Broker Market Report @ About Custom Market Insights: Custom Market Insights is a market research and advisory company delivering business insights and market research reports to large, small, and medium-scale enterprises. We assist clients with strategies and business policies and regularly work towards achieving sustainable growth in their respective domains. CMI provides a one-stop solution for data collection to investment advice. The expert analysis of our company digs out essential factors that help to understand the significance and impact of market dynamics. The professional experts apply clients inside on the aspects such as strategies for future estimation fall, forecasting or opportunity to grow, and consumer survey. Follow Us: LinkedIn | Twitter | Facebook | YouTube Contact Us: Joel John CMI Consulting LLC 1333, 701 Tillery Street Unit 12, Austin, TX, Travis, US, 78702 USA: +1 737-734-2707 India: +91 20 46022736 Email: support@ Web: Blog: Blog: Blog: Blog: Buy this Premium Air Charter Broker Research Report | Fast Delivery Available - [220+ Pages] @ in to access your portfolio
WIRED
02-07-2025
- Business
- WIRED
Affluent Travelers Are Ditching Business Class for Business Jets
Jul 2, 2025 11:00 AM With a rise in 'semiprivate' carriers, new booking tech, and commercial airline partnerships, it's never been easier to fly private. We're cruising 35,000 feet over the French Riviera, the plane's wing cutting through billows of white. Below us, the sea is sparkling, and I spot a cluster of yachts anchored along the coastline. A ray of light hits my glass of Champagne and turns it to liquid gold. I take another sip. So this is what it feels like to be on cloud nine. I'm flying from London to St. Tropez with the private aviation company Wheels Up, and for the first time in my life, I don't want a flight to end. Once you've gotten a taste of the private jet lifestyle, it becomes easy to understand why wealthy travelers are so taken with it—despite the hefty price tag and contentious carbon footprint. But, as Leona Qi, president of Vista US, a private aviation company that owns VistaJet and XO, tells me, a large group of private jet travelers are not, in fact, ordering Champagne and caviar on their way to the South of France. Instead, they're more likely to be taking board meetings en route to the Midwest for a multi-million dollar IPO deal. For today's business travelers—whether we're talking C-suite execs or Taylor Swift—the appeal of flying private lies in its efficiency, more so than luxury. Without being constrained by commercial flight routes and airports, you can 'visit three cities in a day and come back home to sleep in your own bed, and the next day you can present to the board or to your executive team,' says Qi. With the return of in-person meetings and office mandates, more business travelers and corporate clients are seeking out private aviation solutions. ILLUSTRATION: Alex Green Private aviation's first post-Covid boom mainly included leisure travelers who transitioned away from commercial airlines during the pandemic for reasons of health, explains George Mattson, CEO of Wheels Up. 'You had a bunch of new people in private aviation,' he says. 'And once you try it, you generally don't want to stop.' Despite that, because of the rise of remote work, business travel remained below pre-pandemic levels. That's changing. With the majority of companies implementing hybrid or full-time office mandates, business travel has resumed and, with that, business jets are back in business. So far this year, worldwide private jet activity has been up year-over-year for 20 out of the past 24 weeks, per WINGX data. According to Qi, VistaJet has received three times as many RFPs (request for proposals) from corporations looking for private aviation solutions during the first six months of 2025 compared to the first six months of 2024. 'You can save a lot of time—and time, ultimately, is money.' But business travelers aren't the only customers driving the surge in demand. Private carriers have long been a popular option for reaching leisure destinations that lack commercial connections. According to aircraft charter specialist Chapman Freeborn, harder-to-reach destinations like Scotland's Hebrides, and the French and Italian islands of Corsica and Ischia, are trending this summer, alongside perennial favorites like the Hamptons and Ibiza. The biggest spikes in worldwide private jet activity in recent months have coincided with major sporting events and holidays; over Memorial Day weekend, private jet flights in the US hit an all-time record compared to previous years. This story is part of The New Era of Work Travel , a collaboration between the editors of WIRED and Condé Nast Traveler to help you navigate the perks and pitfalls of the modern business trip. There's still room for growth—according to 2021 data, the majority of US households who can afford to fly private, in fact, do not. One reason for this is that private aviation requires a relatively manual booking process. From calling up brokers and comparing jet card memberships to purchasing fractional ownership models, it's often easier to purchase a $10,000 business class ticket than to go through the motions of reserving a private charter. So-called semi-private carriers combine the reliability of scheduled flight services with the exclusivity of private aircraft and terminals. ILLUSTRATION: Alex Green The industry is now beginning to address those pain points with new products and tech. A handful of start-ups are vying to become 'the Uber of private jet travel,' such as Kinectair, which offers real-time pricing and route search features, without charging membership fees. This summer, Uber itself launched a helicopter booking feature in the Amalfi Coast. The intersection between commercial and private aviation is continuing to grow. In an industry-first, Delta Air Lines is now connecting its international business class passengers with Wheels Up charter flights throughout Europe. Meanwhile, 'semi-private' carriers like JSX, XO, and Aero offer scheduled services aboard private aircraft that travelers can book by the seat—a model that's proven a hit among premium travelers. Tradewind Aviation—which offers both book-by-the-seat scheduled flights and private charters in the US and the Caribbean—says it's seeing roughly a 33% year-over-year increase in scheduled service bookings across its routes; However, private charters are seeing 'less of an increase' this summer compared to last, a Tradewind spokesperson tells Traveler . As demand for scheduled services increases, carriers like these are expanding their route maps. This May, Aero launched a bicoastal Los Angeles to New York flight (featuring in-flight Erewhon meals and Starlink Wi-Fi). The company says the new route was 'built for business travelers, flying from Los Angeles to New York on Monday mornings and returning to Los Angeles on Thursday afternoons.' Mattson, of Wheels Up, believes even more travelers will be making the leap from business class to business jet in the years to come. Above all else, the core draw of private aviation—whether used for a corporate or leisure trip—remains a simple one, he says: 'You can save a lot of time—and time, ultimately, is money.'
Forbes
20-06-2025
- Business
- Forbes
NetJets, Flexjet, VistaJet Executives See Plenty Of Room For Growth
After two years of small declines following record demand spurred by the COVID-19 pandemic, which peaked in 2022, top executives from the world's largest sellers of private jet flights – NetJets, Flexjet, and VistaJet - are providing a bullish outlook for the future. According to Aviation Week, the trio are already flying high. Over the three months from March to May, Flexjet saw an increase of 146% in "aggregate hourly utilization" compared to 2019. VistaJet was up 115%, while NetJets, already the biggest by a factor of nearly three, saw a 56% gain. Eric Martel, president and chief executive officer of Bombardier Inc., left, and Patrick Gallagher, ... More president at NetJets Aviation Inc., during a delivery ceremony for NetJets' first Bombardier Global 7500 private jet at the Bombardier Laurent Beaudoin Completion Centre in Montreal, Quebec, Canada, on Thursday, Dec. 2, 2021. Earlier this week Gallagher told CNBC that the market for private jet flyers remains largely untapped and demand continues to be strong. Photographer: Graham Hughes/Bloomberg Yesterday, NetJets Aviation President Patrick Gallagher, speaking to CNBC's Robert Frank, estimated that despite the industry's growth over the past five years, the addressable market for private aviation is largely untapped. "The pandemic unlocked a portion, but if the private aviation market expanded by 40%, you still have only 14% of the addressable market (flying privately)," he told the cable business channel. Gallagher cited a 2020 McKinsey study that showed before the pandemic, only about 10% of households with the financial means to be regular private aviation users were flying privately at the time. The unit of Berkshire Hathaway is expected to take delivery of around 90 new private jets this year. It currently holds options to purchase over 1,700 private jets from Textron Aviation, Embraer and Bombardier. While Gallagher declined to provide specifics, he said, "In terms of what we see in future demand, there have really been no signs of slowdown even in this period of market volatility, uncertainty, and tariff concerns," adding, "We watch all the leading indicators very closely. How much are our existing customers flying? Are they giving us less notice? Are they still booking with normal travel patterns? Are they going to different places? Is travel to Europe down compared to last year? So far, we have not seen any indicators of our business at NetJets slowing down." Flexjet, Inc. Chairman at the opening of the company's new world headquarters outside Cleveland, ... More Ohio, in September 2023. He says nearly all of the HNWs who joined the company's fractional and jet card programs during COVID have stayed flying privately hand have not returned to the airlines. Data from Wing X shows that U.S. private jet flights, which had been tracking at a 3.4% year-over-year growth rate before the tariff announcements, have accelerated with 4.1% year-over-year gains since then. Domestic private jet segments were up 16% year-over-year over the recent Memorial Day weekend. In a separate interview published this week, Thomas Flohr, chairman of Vista, the most global of the big players, told Spears Magazine about the prospect of engaging more wealthy individuals in private skies. "The addressable market is gigantic and growing usually at about double GDP." Earlier this year, Flexjet, Inc. announced a firm order for new private jets from Embraer valued at $7 billion. Co-CEO Mike Silvestro stated that the company anticipates doubling the size of its fleet to over 600 jets by 2031. NetJets, including its aircraft management arm, operates around 1,100 aircraft, which would rank it alongside American Airlines, Delta Air Lines, and United Airlines in terms of fleet size. So, what's driving the growth? Gallagher says it's a combination of factors. For executives constantly on the road, flying privately increases family time. In other cases, customers with mobility issues find navigating big and crowded airports increasingly difficult. For others, it's about visiting the grandkids. At the same time, being able to bring pets along can be a reason to choose private flights. Last year, NetJets flew 25,000 pets, mostly dogs and cats, but also parrots and pot-bellied pigs. Another reason for the optimism is the demographics of the flyers. Silvestro says customers are entering the private aviation market earlier, meaning a longer runway of usage. New customers are now in their late 30s and early 40s compared to a market that was previously driven by users who were 55+. The next generation of customers also want to visit more far-flung destinations, creating a need for bigger jets. He coined the trend, "younger, larger, longer." Vista Chairman Thomas Flohr recently told Spears Magazine, "The addressable market is gigantic and ... More growing usually at about double GDP." His VistaJet unit has grown 115% since 2019, according to recent Aviation Week data. (Photo by ERIC PIERMONT/AFP via Getty Images) For fractional and charter operators such as NetJets, Flexjet, and Vista's VistaJet, anonymity is also an increasing factor, the executives say. "We have clients who own their aircraft and use NetJets when they want to fly incognito," Gallagher told CNBC, noting, 'All anybody is ever going to see is that familiar NetJets stripe on the aircraft. They have no idea, no way to track who's onboard.' Both Gallagher, and Flexjet Chairman Kenn Ricci, speaking on a recent industry podcast, say the programmatic offerings they sell - fractional ownership and jet cards - are proving sticky for newcomers, meaning a broader base of core users, and few have stepped back to the airlines. Ricci told listeners, 'We are not seeing much attrition of that frugal wealthy group that showed up (during COVID).' A recent Forbes survey of billionaires found private jets as the top answer when they were asked to name the one luxury they could not live without. What's going to get 86% of the addressable market, which is still on the sidelines, to fly privately? Gallagher noted that $80 trillion is expected to be inherited over the next two decades. He says the next generation is more open to shared economy solutions, such as jet cards and fractional ownership than their parents. Similarly, the new rich are those who are making their money from tech-driven businesses. Gallagher says NetJets' highest market share is in Silicon Valley. He told CNBC, "The tech money is investing in the shared economy." A survey of Private Jet Card Comparisons subscribers who don't currently fly privately but are considering it found that 63% cited door-to-door time savings compared to airlines, 46% said private aviation would give them access to more convenient airports, and 31% cited the ability to fly nonstop instead of making a connection. Nearly 30% cited traveling with pets. Thirty-eight percent said flying privately would replace long trips by car, something that is driving more private flight providers to offer last-mile solutions. Enticing those who can afford to fly privately and drawing them in has always been challenging. Terrorist attacks and Covid drove new customers who wanted to avoid crowded spaces. Airline meltdowns, where passengers can't be rebooked for several days, cause a brief spike in demand. Product breakthroughs, such as fractional jet ownership, invented by NetJets, and jet cards, which date back to 2019 and created by Sentient Jet, now part of Flexjet, Inc., have made flying easier and more accessible, Cheap access often gets plenty of press but rarely meets expectations, and the business models usually prove unsustainable. Kenny Dichter, who founded both Marquis Jet Partners, which was sold to NetJets in 2010, and Wheels Up, which he exited in 2023, announced his return to the space last month with RealJet, an offshoot of a sports and entertainment platform he launched last year. Dichter is widely credited with helping expand the market via MarquisJet, which enabled its customers to buy jet card flights on NetJets in 25-hour increments instead of making a five-year, 50-hour-per-year ownership commitment. He also promoted a membership program using cost-effective King Air turboprops through Wheels Up. This time he is hoping the ability to offer private flights as a stylish and hassle-free way to travel with friends and business associates to his lineup of VIP events will help bring first-time flyers. Real SLX has already inked partnerships with BetMGM and FanDuel. In launching his charter brokerage, Dichter said, 'We think Real SLX's reach to over 22 million U.S. millionaires, of whom maybe 150,000 are regular private aviation users, creates a white space where we can help bring lots of new consumers into the market.'
Barnama
20-06-2025
- Business
- Barnama
Vista Unveils Ultra-High-Net-Worth Travel Trends: Singapore Ascends As Southeast Asia's Premier Destination
Singapore, Thursday, 20 June (Bernama) -- Vista, the world's leading private aviation group and parent company of VistaJet and XO, hosted a panel discussion on Ultra-High-Net-Worth Trends in Singapore, bringing together influential voices from across its partner network within the city's luxury ecosystem. The invitation-only event explored the evolving trends of luxury among Southeast Asia's ultra-high-net-worth-individuals (UHNWIs) whose lifestyle choices are increasingly driven by meaning, mobility, and long-term value. Held against the backdrop of rising demand for premium experiences and increased regional UHNWI mobility, the panel featured insights from:
Yahoo
19-06-2025
- Business
- Yahoo
Vista Unveils Ultra-High-Net-Worth Travel Trends: Singapore Ascends as Southeast Asia's Premier Destination
Vista Unveils Ultra-High-Net-Worth Travel Trends: Singapore Ascends as Southeast Asia's Premier Destination Vista Unveils Ultra-High-Net-Worth Travel Trends: Singapore Ascends as Southeast Asia's Premier DestinationPress images available for download here. Singapore, Thursday 19 June 2025 – Vista, the world's leading private aviation group and parent company of VistaJet and XO, hosted a panel discussion on Ultra-High-Net-Worth Trends in Singapore, bringing together influential voices from across its partner network within the city's luxury ecosystem. The invitation-only event explored the evolving trends of luxury among Southeast Asia's ultra-high-net-worth-individuals (UHNWIs) whose lifestyle choices are increasingly driven by meaning, mobility, and long-term value. Held against the backdrop of rising demand for premium experiences and increased regional UHNWI mobility, the panel featured insights from: Amy Yang, Vice President, Marketing – APAC & IMEA, Vista Christine Li, Head of Research Asia Pacific, Knight Frank Ewa Stachurska, Chief Marketing & Sustainability Officer, Sanlorenzo Asia Pacific The speakers examined the burgeoning demand for private aviation, luxury real estate, and superyachts which highlight Singapore's status as a premier destination and how brands are responding to the rising desire for privacy and personalization. Vista's Amy Yang shared, 'With the rising trend of bleisure travel — where business and leisure are seamlessly intertwined — Singapore has consistently ranked among the top destinations for Vista's clientele. Its unique blend of Asian cultures and its status as an international business hub make it an ideal gateway for today's global travelers. At a time where excellence standards and consistency are paramount — whether flying long-haul between Asia and the United States aboard the industry-leading Global 7500 or regionally within Europe or the Middle East on the popular super-mid-size fleet — Vista is uniquely positioned to meet this growing demand with a global infrastructure that spans 96% of the world.' In 2024, VistaJet further saw a 10% growth in its Memberships in Southeast Asia, whereas XO — Vista's instantaneous and real-time priced private jet marketplace — saw doubled flight traffic year-on-year growth in Singapore. Knight Frank's Christine Li reveals: "According to The Wealth Report 2025, Asia Pacific is predicted to account for 47.5% of the global UHNW population created between 2025-2028. The inaugural Family Office survey displays an increasing trend to view prime real estate as an attractive combination of steady income generation and capital growth potential. Confidence in Singapore's prime assets are underscored by the significant UHNWI commercial property transactions for 2024/2025 — notably US$520 million for the 21 Collyer Quay office building and US$43 million for River Valley Apartments enbloc. This blend of strategic diversification, expectations for long-term asset appreciation, and sustained high-value investment activity, solidifies Singapore's position as a premier destination for sophisticated capital.' Sanlorenzo Asia Pacific's Ewa Stachurska adds: 'Singapore is emerging as a premier yachting hub with 8 boat clubs and marinas and 4000 boats and yachts stationed in the city. Coupled with Southeast Asia's extensive coastlines that are easily accessible by yachts with adequate range and storage capacity, this creates a unique environment for the rising demand of highly customized superyachts. This trend reflects a broader shift towards exceptional purchases that offer not only immediate enjoyment but also generational significance, and purpose underscoring the evolving aspirations of Asia's affluent clientele. Sanlorenzo Asia Pacific prioritizes intimate activations and experiences with like-minded yacht owners at the Sanlorenzo Elite community, ensuring the holistic customer journey is complete in discreet elegance and effortless style.' Singapore: Rising Capital of Premier Experiences With its concentration of wealth, political stability and service excellence, Singapore is emerging as Southeast Asia's main hub for luxury experiences and financial conferences. This is evidenced by the three-digit growth figures in Vista's flight traffic during key event periods. In comparison with the daily average of flight traffic in Singapore across 2024, a tremendous 362% increase was seen during the Taylor Swift Eras tour in Singapore due to the fact that this was the singer's sole stop in Southeast Asia for her global concert. The Singapore Grand Prix also instigated a 168% surge in daily average flight traffic while it coincided with other major financial events in the city, such as The Milken Institute Asia Summit and Global Trade Review Congress and more. On the other hand, the Singapore Yachting Festival supported a 46% higher business jet traffic as compared to the daily average for the year. Southeast Asia's Emerging Luxury Destinations While Singapore remains the anchor of Southeast Asia's luxury ecosystem, Vista shared the hidden gems amongst its exclusive flight destinations in 2024, locations that fuse nature, culture and exclusivity. Kuching, Malaysia — the international gateway to Borneo attracts luxury eco-tourists keen to explore the island's ancient rainforests and orangutan sanctuaries. Da Nang, Vietnam — a coastal city gaining traction for its resort offerings, vibrant culinary scene and proximity to UNESCO sites. Sorong, Indonesia — the preferred entry point to Raja Ampat, offering access to one of the world's most pristine and remote marine reserves. Meanwhile, established favourites such as the Maldives, Phuket and Bali continue to see robust traffic, with Phuket in particular benefitting from global pop culture visibility, most notably through HBO's The White Lotus, which set its third season in Thailand. According to Knight Frank, Manila has emerged as the world's fastest-growing market for prime residential prices in 2024. In Malaysia, government incentives have further strengthened the residential property sector, making it an attractive option for those seeking both personal homes and long-term value appreciation. Meanwhile, foreign buyers continue to shape Bangkok's prime real estate landscape, with Chinese investors at the forefront of this growing demand. Based on the findings from Sanlorenzo Asia Pacific, the superyacht market in Singapore and Southeast Asia is experiencing dynamic growth, driven by a rapidly expanding population of ultra-high-net-worth individuals who increasingly seek passion assets that combine lifestyle, legacy, and long-term value. Unlike traditional markets, wealth in the region is largely newly created and is now being passed on to a younger generation that prioritizes experiential discreet luxury and family-oriented investments. Aligned with trends in yachting and luxury real estate, private and exclusive travel experiences are increasingly sought after by Vista Members. With access to the most prestigious establishments through its global network of over 600 partners across 35 categories — from private island villas to yachting services, fine art to automobiles — Vista's Private World offers bespoke journeys and itineraries tailored to each client's passions. At Vista, meeting the demands of UHNWIs extends far beyond the cabin — it encompasses every aspect of in Member's life, before they step onboard, and long after they land. – ENDS – InformationVista | press@ About Vista Vista Global Holding's (Vista) subsidiaries provide worldwide business flight services. A global group headquartered at the DIFC in Dubai, Vista integrates a unique portfolio of companies offering asset free services to cover all key aspects of business aviation: guaranteed and on demand global flight coverage; subscription and membership solutions; trading and management services; and cutting-edge mobility technology. Innovating the industry for 20 years through continuous investment in people, technology and infrastructure, the Group's mission is to lead the change to provide clients with the most advanced flying services at the very best value, anytime, anywhere around the world. Vista's knowledge and understanding of all facets of the industry deliver the best end-to-end offering and technology to all business aviation clients, through its VistaJet and XO branded services and duly licensed carriers. Vista is not a direct air carrier and does not operate or charter flights. More Vista information and news at About VistaJetVistaJet is the first and only global business aviation company, leading the industry by setting higher standards of service and safety for over 20 years. On its fleet of silver and red business jets, VistaJet has flown corporations, governments and private clients to 207 countries and territories, covering 96% of the world. Founded in 2004, the company pioneered an innovative business model where customers have access to an entire fleet whilst paying only for the hours they fly, free of the responsibilities and asset risks linked to aircraft ownership. VistaJet's signature Program membership offers clients a bespoke subscription of flight hours with guaranteed access to the Vista Members' fleet of over 300 aircraft around the world, to fly them anytime, anywhere. VistaJet is part of Vista — the world's first private aviation ecosystem, integrating a unique portfolio of companies offering asset free solutions to cover all key aspects of business aviation. More VistaJet information and news at About XOXO is revolutionizing the private aviation industry by combining data intelligence with distinct service, allowing clients to book a flight in seconds to anywhere in the world. Built on 20 years of innovation and skill, XO is the world's premier aviation network. XO has created an open future for private aviation with more transparency, efficiency and accessibility than ever before. Members and clients have access to over 2,400 aircraft around the world, including the Vista Members' fleet, covering the full spectrum of cabin classes. Flyers can book an entire aircraft or individual seats through the XO mobile app, website or an XO Aviation Advisor. XO is part of Vista — the world's first private aviation ecosystem, integrating a unique portfolio of companies offering asset free solutions to cover all key aspects of business aviation. More XO information and news at Attachments 20250619_FINAL_VISTA_PR_SGPANEL Vista Unveils Ultra-High-Net-Worth Travel Trends: Singapore Ascends as Southeast Asia's Premier DestinationSign in to access your portfolio
