Private Jet Charter Industry Statistics
The private jet charter industry has been growing steadily over the past few years, driven by increasing demand for private aviation services. Here are some recent statistics that highlight the growth and trends in the private jet charter industry:
Market Size: The global private jet charter market was valued at approximately
$26.21 billion in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 6.5% from 2021 to 2028.
Demand:
The demand for private jet charters has been increasing, with more
individuals and companies choosing private aviation due to its convenience, flexibility, and safety. According to a
report by Air Charter Service, the private jet charter market saw a 7% increase in flights in 2020, despite the
COVID-19 pandemic.
Routes: Private jet charters are becoming more popular on certain routes. For
example, the New York to Florida route is one of the busiest private jet routes in the world. In 2020, there were
over 8,600 private jet flights between New York and Florida.
Aircraft Types: The most popular aircraft types for private jet charters are
light jets, which accounted for 35.6% of all private jet charters in 2020, followed by midsize jets at 25.2% and
large jets at 22.2%.
Charter Brokers:
The majority of private jet charters are booked through
charter brokers, who act as intermediaries between clients and private jet operators. According to a survey by
Private Jet Card Comparisons, 81% of respondents said they had used a charter broker to book a private jet. Overall,
the private jet charter industry is expected to continue growing in the coming years, driven by increasing demand
from individuals and businesses, as well as advances in technology and aircraft design.
