While commercial airlines are having a slow recovery, private-jet companies are seeing a surge in business from customers who have never flown private.
While commercial airlines are having a slow recovery, private-jet companies are seeing a surge in business from new customers.
New customer sign-ups with industry leader NetJets in May were more than double the typical May, according to Pat Gallagher, the company's president of sales, marketing and service. May was the biggest month for new clients since December 2007, which had been the industry's previous peak. While business travel remains almost nonexistent, private-jet companies say personal travel by wealthy affluent fliers — many of them older — have more than taken up the slack. They say that while many families who could afford to fly private couldn't justify the costs, they are willing to spend the extra money for greater health safety.
Blade says health concerns are the top concern of customers, and the company has created a vast array of special health and safety measures — including allowing passengers to drive right up to the plane on the tarmac where certain airports allow. Passengers are given temperature checks and oximeter checks, and jets are fumigated and decontaminated with special machines.
Chartering a super midsize private jet one way from New York to Miami, for instance, cost about $20,000 last year. Today, it costs around $10,000, according to Avinode. Since super midsize planes — like a Challenger 300 or Citation X — can seat around eight to 10 passengers, the flight could cost a little more than $1,200 a person, not including other charges.
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