Private jet travel has been booming over the past year, and the demands have increased many fold.
People choose private over commercial for a variety of reasons, and are satisfying their wanderlust or even taking work trips without letting anything else act as a barrier.
As a direct result of this, the private flight business is also trying to make the most of this situation.
However, is the industry prepared to take on such a load? Let’s explore.
In this article, we will look at the current scenario of this market and some reasons behind this sudden boom.
Private Air Travel Inquiries Have Escalated
Did you know that private travel inquiries have increased by 75% year-over-year, especially during the summer and spring months?
Yes, that’s how much in demand private travel is.
According to experts, this is mainly because private travel gives more importance to its passengers’ hygiene, personal space, and health.
The appeal of traveling in a chartered flight is most common among multi-generational families who love to travel in a small group or even friends, who want a personal experience while visiting exclusive islands or other wilderness areas.
In fact, they mostly visit those places where they own a private vacation home and want to stay for an extended period of time.
Some common destinations include Aspen, Colorado; Bozeman, MT; and Jackson Hole, Wyoming.
Who Are These New Private Jet Travellers?
Now that you know the numbers, the question that is probably on your mind is who these new travelers are who are responsible for increasing private jet travel?
Well, with stock markets on the rise and more and more IPOs happening this year, people have generated a huge amount of new wealth.
Meaning there are many new customers who can now afford to charter a jet and fly in private.
Most of the travelers who are new to private jet travel are leisure travelers, but at the same time, many business travelers have also come up with 75-300 hours of flight time.
Irrespective of who the customer is, private jet travel is going to cash in huge profits.
Why Do People Prefer Private Jets?
Several reasons are behind this sudden boom in private air travel, but some of the common advantages that prompt consumers to choose private jets over commercial airlines are as follows:
- You can avoid wasting any of your precious time. While traveling on a commercial airline, you will have to be at the airport at least two hours prior to the boarding time in domestic flights and a minimum of three hours if it is an international flight. This applies to just a one-way trip! Imagine wasting so many hours when you could have done something much more productive. With private travel, you can simply arrive twenty minutes before boarding, and you will be good to go. As they say – time is money!
- You will be in full control of your schedule. In simpler terms, you don’t have to go through the hassle of finding a commercial flight that fits your timing, because you can simply book a private jet during the period that suits you. Reaching your destination has never been more convenient.
- The in-flight experience in private jets is completely wonderful and is the same as 5-star hotels. You get the best meals, and the crew always go out of their way to make you feel comfortable. You get a personalized approach, and everything is catered to your request.
- The privacy offered by private jets will prevent you from getting any unwanted attention. So, if you plan on making some important decisions or business deals with your partners, you can safely do so without anyone overhearing you.
- Private aircraft are usually much smaller in size than commercial ones, so this allows you to land on smaller runways. So, if your destination doesn’t have a commercial airport close to it, you can simply find a smaller airport closer to it, and this will save you from a hectic car journey to your destination after landing.
- Lastly, private jets often allow you to reach directly to your location without transiting anywhere else. It is another way you will be saving time.
Conclusion
Now that you know why private jet travel is the new trend, you can see why it is definitely not wrong for the plane makers to make the best use of this situation to increase their profits.
While some of them have already started building more jets to meet the demand, some are still waiting for a few more months to see how the situation unfolds.