NEW SURVEY: Private Jet Travelers Show Optimism About Immediate and Summer Travel

20/03/2020 08:17

MIAMI, March 20, 2020 /PRNewswire/ -- Private Jet Card Comparisons, the only independent buyer's guide to private aviation solutions, released the results of a new subscriber survey finding that most respondents were optimistic about both short- and long-term private jet travel. The survey was conducted from March 17 to 19, 2020 among individuals who traveled an average of 111 private jet flight hours in 2019. According to the survey, given the current health and economic crisis, 33% of respondents still expect private flying to increase compared to last year, with 30% believing flight hours are likely remain flat and 37% anticipating a decrease.

"The outlook for business aviation may not be as rosy as many reports about big increases in call volume, however core private jet travelers expect to keep flying, even if the reasons are changing," said Doug Gollan, Founder and Editor-in-Chief of Private Jet Card Comparisons. "The results of the survey demonstrate the critical role private jet travel plays in both relocating family members and completing critical business trips during this time of uncertainty."

Key findings from the survey include:

77% of respondents said that reducing potential exposure to Coronavirus is the most likely reason that will influence private travel in the next six months
Respondents reported being most likely to use private aviation private aviation to either relocate family members as needed (46%) or visit a second home (45%) within the next 90-120 days
35% of respondents will still use private jet access for critical business trips
36% of respondents said they have made additional trips privately because of COVID-19, although 39% have also canceled trips
97% expect to take vacations this summer, even if plans end up changing

In addition to reducing COVID-19 exposure, relocating family and employees and attending necessary business meetings, several subscribers reported using private aviation solutions as a result of commercial airlines reducing flights.

General aviation is responsible for over 1.2 million jobs and $247 billion in economic input in the U.S. alone. Ultra-High Net Worth (UHNW) and High Net Worth (HNW) consumers are a critical segment for the travel market, with private jet users spending an average of over $80,000 dollars in the destinations they visit, excluding aviation and airport services.

Private Jet Card Comparisons, which has over 1,250 paid subscribers, conducted the survey from March 17 to 19, 2020 via Survey Monkey and has a margin of error of +/- 5%. Many Private Jet Card Comparisons subscribers have multiple private aviation solutions, with the majority (70%) using jet cards, followed by on-demand private jet charter (44%), full aircraft ownership (24%), friends' private planes (16%), fractional ownership (13%) and aircraft owned by companies where respondents work (6%).

An annual subscription to Private Jet Card Comparisons, inclusive of the Coronavirus Emergency Evacuation Private Aviation Options guide and personalized support, is $250.

About Private Jet Card Comparisons

Private Jet Card Comparisons offers subscribers an easy-to-use spreadsheet format comparing 50+ providers and over 250 programs by more than 65 variables, including, Able American Jets; Air Charter Service; Air Partner; Airshare (formerly Executive AirShare); Airstream Jets Inc.; Alliance Aviation; Charter Flight Group; Clay Lacy Aviation; Concord Private Jet; Delta Private Jets, Inc.; Dominion Charter, Ltd.; Dreamline Aviation, Dumont Aviation; Executive Jet Management; Exec 1 Aviation; ExpertJet; Flexjet; Fly Aeolus; GlobeAir; GrandView Aviation; Hopscotch Air; International Jet; Jet Algo; Jet Aviation Flight Services, Inc.; Jet Linx Aviation; Jetlogic Ltd.; Jet the World; JetSet Group; JetSuite; Jets.com; Jettly; LunaJets SA; Luxury Aircraft Solutions; Magellan Jets; Netjets (including Marquis Jet); Nicholas Air; Northern Jet Management; ONEFlight International; Outlier Jets; Paramount Business Jets; Priester Aviation; Private Jet Services Group (PJS Group); PrivateFly (combined with Skyjet); Prive Jets; ProspAir Jet Charter; Quantum Jets; Sentient Jet; Silverhawk Aviation; Solairus Aviation; Starflight Aviation; Star Jets International LLC; StraightLine Private Air; Tradewind Aviation; Unity Jets; Vault Jet; Velocity Jets; VistaJet; Wheels Up, and XO (formerly XOJET and JetSmarter).

Media Contact
Erin Nemeth
EVINS Communications
erin.nemeth@evins.com

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