Tue, Sep 03, 2019
Super-Midsize And Heavy Jet Charters Climb 34 Percent
New Flight Charters, a provider of on-demand private jet charters, announced a 16.1% year-over-year increase for July and an 11.5% year-over-year increase for the 3 months, May-June-July.
By comparison the charter industry as a whole was up 1.7% for July after losing ground in each of the first six months of 2019, according to industry TraqPak data released by Argus International.
The first half of 2019; super-midsize and heavy jets were up a combined 34% and light jet popularity climbed 33% at the expense of midsize jets. Turboprops were nearly even. New Flight Charters clients choose their specific aircraft from an array of options and quotes for each flight, sourced per their own preferences including size, model and amenities.
The company attributes the increase in part to better charter pricing options with the growth of "floating fleet" aircraft availability - currently 435 aircraft from 39 operators are available to flyers. Floating fleet aircraft are quoted point-to-point without having to revolve around a certain base and incur that additional cost, thus are typically better than traditional charter quotes, jet cards and memberships for one-way flights or round-trips over many days.
Celebrating its 15th anniversary in 2019 and named to the Inc. 5000 Honor Roll as a fastest growing U.S. company four different years, New Flight Charter has averaged 13.2% annual growth since 2004.
(Image provided with New Flight Charters news release)
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