WATCH: Once it was the famous and top executives, now private jets are ferrying families and small business owners
Flying is a way of life for Stockbridge and others at his company, Elite Team Offices, based in Clovis. For years they flew both privately and on commercial flights out of Fresno, roughly 10 miles from Clovis. Then the COVID-19 pandemic hit, and private jet ownership became more and more attractive.
Airlines had an 80% share of premium travel in 2021, down from 90% before COVID-19, according to Alton Aviation Consultancy. Flying private covers a whole gamut of transport. For some, like Stockbridge, that means owning a private plane. Other services include operators of charter flights that sell either by the seat or the entire plane, as well as services that sell fractions or shares of jets.Stockbridge took delivery this month of a Cessna Citation M2 Gen2, a light jet made by Textron
"Yes, we do still fly commercial but much less frequent... probably 10% commercial, and 90% jet/charter," he said.
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