Since Pandemia has reorganized commercial air travels, and social media began to regularly show influencers' journeys to Los Cabos or Hedge Fund Managers for a birthday weekend in St. Barts, Private flying has become a cultural determinant of “absolute freedom”.
Expressive examples? Entrepreneur Maxx Chewning, who after selling a company for $ 75.5 million. He took his friends to Falcona 900 for 100,000 dollary, because “he wanted a dog to fly with him.”
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A rapid increase in demand and the number of operations
The boom can be seen in the operational data. Total private flight hours in the US reached a 5.5 million record in 2022, by 7.7 percent. more than a year earlier, and persist at an elevated level despite the economic slowdown.
Argus International forecasts that the charter and fractional movement will remain higher than pre -coovigo Maksima thanks to the persistent new customer base.
Behind the boom stands an unprecedented creation of property. According to Altrat, the number of people with assets exceeding $ 30 million. It increased in 2023 to a record of 426 thousand. 330, i.e. by 7.6 percent year on year.
UBS report indicates that In 2024, 684 thousand arrived new millionaires – over 1,000 a day, of which almost 40 percent in the United States alone.
This rapid accumulation of capital creates demand not only for aircraft, but also to finance their purchase. Investment banks, such as Goldman Sachs, combine customers with leveled credit structures that allow you to set a wallet instead of freezing cash.
Technology, applications and crypto payments
The entrance to the Private Aviation world is facilitated by mobile applications. XO platform, integrating a fleet of over 2,000 aircraft, allows you to book individual places or charter of the entire machine from the phone, without the need to buy a fractional share.
The suppliers are going a step further, accepting payments in cryptocurrencies – Global Charter, Mercury Jets or Stratos Jets They accept Bitcoin and Ethereum, reducing the time and cost of intercontinental clients from the crypto market.
The growing expectations of customers also prompt managers to expand the offer to organize flights. According to Cerulla, Associates “Concierge and Lifestyle Services”, including private flights, today belong to the three most frequently developed segments of services by independent investment advisers.
In practice, this means that Family Offices group several customers in the machine sharing model or create hour cards, To reduce the cost of a one -off flight between New York and Miami from 30,000 hole. up to several thousand hole.
Luxury without reproach? Regulations and environmental effect
Although the 2017 tax reform introduced the possibility of an immediate copy of 100 percent. the value of the aircraft used for business purposes, American tax authorities more and more often It controls whether the jets do not serve owners for private weekends under the pretext of business meetings.
In addition, EU and British plans to introduce CO2 emissions for private flights may increase the hourly cost by up to 10-15 percent in the coming years, which already prompts some operators to invest in SAF fuels and aircraft with a lower coal trail.
PrivatejetcardCardocomparisons experts forecast that The market will maintain a double -digit increase in revenues by at least 2027.as long as high participation of new millionaires and stable share prices of technology companies will persist.
On the other hand, if climate regulations accelerate and tax write -offs are limited, the status of having “jet money” can become even more exclusive – and thus more strongly define the border between 1 and 0.1 percent.
