Understanding the private jet industry

The private jet industry is one of the largest aviation markets across the world and has grown rapidly year on year ever since that first flight all the way back in 1963. 

The private jet industry is divided into two markets, the European and American markets, so to help you understand how important private jets have become within the aviation industry we have listed some comparatives between the two markets. 

American Private Jet Industry. 

• Economy size – $16.7 trillion gross domestic profit
• Total flights per year – 2.5 million flights 
• Global Market share – 73% 
• Fleet size- Over 21 800 business aircraft 
• Number of Private Jet airports – 4,211 private jet airports
• Largest Private Jet airport – Teterboro Airport in New York City 
• The busiest month for private jet flights – October
• The busiest weekend for private jet flights – Superbowl Weekend
• Most popular route – LA to Las Vegas
• Most popular aircraft – Cessna Citation XL

European Private Jet Industry

• Economy size – $15.8 trillion gross domestic profit
• Total flights per year – 705 000
• Global Market share – 20% 
• Fleet size- Over 1500 business aircraft 
• Number of Private Jet airports – Over 3000 private jet airports
• Largest Private Jet airport – Paris Le Bourget 
• The busiest month for private jet flights – July
• The busiest weekend for private jet flights – The Grand Prix
• Most popular route – Milan to Rome
• Most popular aircraft – Cessna Citation XL

The United States is a world leader in the business jet aviation industry and its growing market means that more and more people are choosing to use private charter flights every year. 

Reason’s people choose to fly by private jet charter

There are two main reasons why a person or group chooses to fly on a private jet and they are either for a business flight or personal leisure. 

Private jet flights provide a host of advantages for both types of flights and we have listed all the reasons why below: 

Business Jet Flights 

• Allow senior management to stick to strict schedules and keep a company’s meetings on track and so save the business and themselves valuable time.
• Allow company site coordinators to visit multiple sites across the country in a single day and improves overall company productivity.
• Allows space for employees to complete work while on the move by providing a corporate board room in the sky. 
• Eliminates the need for employees to waste hours moving through airport processing by providing speedy take-off in just 15 minutes. 

Personal Private Jet Flights

• Provides a fantastic start to any personal journey by allowing you a speedy path through security and the fastest airport check-in times throughout the entire world. 
• Gives you a fantastic range of location choice with thousands of unique airports available that are also away from the hustle and bustle of central city international airports.
• Faster aircrafts means faster flights and so by flying on a private jet, you can reach your destination faster, saving precious time to enjoy the rest of your holiday.
• You have the flexibility to leave when you want to and with a private jet, you can delay or reorganize your flight at your pleasure, meaning if you want to stay longer you can. 

Private jets provide the ultimate way to travel by letting you fly with flexibility, speed, and confidence in service and are hands down one of the fastest and most convenient ways to travel.

A first-time flyer’s guide to private jets 

So, you have understood the history, the industry, and all the benefits of flying on a private jet and you want to book your first private jet charter flight.