Chartering one's jet when not in use can help offset fixed costs, but does not appear to be a hugely profitable enterprise unless one can achieve economies of scale with a much larger operation (i.e. NetJets/EJM, FlexJet, etc.) Even at the higher end of operations, there seems to be a lot of competition in the past several years which has made things difficult even in a robust market post-pandemic, as we see from companies like Wheels Up and others.
No - At least in the USA, Charter is a saturated commodity product, ....mostly filled with mere brokers, with a fancy website, a phone and PC, pretending to own the aircraft.
Chartering one's jet when not in use can help offset fixed costs, but does not appear to be a hugely profitable enterprise unless one can achieve economies of scale with a much larger operation (i.e. NetJets/EJM, FlexJet, etc.) Even at the higher end of operations, there seems to be a lot of competition in the past several years which has made things difficult even in a robust market post-pandemic, as we see from companies like Wheels Up and others.
Thank you for sharing.😊
Great video!
Thanks!
No - At least in the USA,
Charter is a saturated commodity product,
....mostly filled with mere brokers, with a fancy website, a phone and PC, pretending to own the aircraft.
Still a good and viable business
For the private jet charter company, not for the owners of the jets.
Wondering how the insurance company’s will react to having a flood of new and inexperienced pilots flying their own jet!
How can I start a private jet charter business?
If you want a lot of drama and also lose all your money then go ahead!
Your Book is out of stock on Amazon . Canada
Amazon USA have plenty