PJCC's recently released Jet Card Report by Private Jet Card Comparisons 2023/24 edition reports that more than 95 percent of new flyers are sticking with it.
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A vast majority of new entrants to the business aviation market appear to be sticking with private flying, according to the just-released "2023 Jet Card Report" from Private Jet Card Comparisons (PJCC). Some 95 percent of new entrants—those who began private flying during the Covid period—told PJCC that they are continuing to fly privately, with 43.2 percent of these respondents saying they are flying privately on a regular basis.
PJCC tracks flying, pricing, and other trends surrounding the jet card, membership, fractional ownership, and charter markets through subscriber surveys. The data in the new 318-page report is derived from responses of more than 1,000 private flyers who discussed preferences for programs, what they bought, how much they spent, and whether they are satisfied. Respondents specifically revealed what they want from private aviation flight providers regarding program rules and policies.
According to those responses, new flyers tend to fly privately exclusively for leisure purposes more frequently (54.9 percent), while existing flyers—those in the market pre-pandemic—are more likely to use private aviation for both business and personal travel (53 percent).
Overall, the data point to a market that will remain on the upswing. Surveys show that flyers have expected to slightly increase their time in the air, from 41.3 hours in private aviation in 2022 to 42.4 hours this year; 33.5 percent said they are flying privately more than before the pandemic. The number of flyers planning on at least 75 or more flight hours over the next year increased by 26.6 percent.
“While some predicted the new wave of private flyers would quickly move back to the airlines, that hasn’t happened,” said PJCC founder and editor-in-chief Doug Gollan. “Despite supply-chain and labor challenges, this research shows that once consumers experience private aviation, they are very likely to stick with it.”
PJCC: Almost All New Private Flyers Sticking with It
Newsletter Body
A vast majority of new entrants to the business aviation market appear to be sticking with private flying, according to the just-released "2023 Jet Card Report" from Private Jet Card Comparisons (PJCC) . Some 95 percent of new entrants—those who began private flying during the Covid period—told PJCC that they are continuing to fly privately, with 43.2 percent of these respondents saying they are flying privately on a regular basis.
PJCC tracks flying, pricing, and other trends surrounding the jet card, membership, fractional ownership, and charter markets through subscriber surveys. The data in the new 318-page report is derived from responses of more than 1,000 private flyers.
According to those responses, new flyers tend to fly privately exclusively for leisure purposes more frequently (54.9 percent), while existing flyers—those in the market pre-pandemic—are more likely to use private aviation for both business and personal travel (53 percent).
Surveys show that private flyers have expected to slightly increase the time in the air, from 41.3 hours in 2022 to 42.4 hours this year; 33.5 percent said they are flying privately more than before the pandemic.
“While some predicted the new wave of private flyers would quickly move back to the airlines, that hasn’t happened,” said PJCC founder and editor-in-chief Doug Gollan.