How Jet Fuel Prices Affect the Cost of Private Travel

SkyShare USA Logo

With the recent global environment, the world has seen some of the highest gas prices since 2008. These high prices are causing a ripple effect on other areas of the economy, including private air travel.

Private air travel is often used by business people and high net worth individuals as a way to save time and get around traffic congestion. COVID, on the other hand, has made private air travel more of a necessity. Many people look to safety, security, privacy, and efficiency when choosing private over commercial.

The increase in demand for private jet travel has drastically increased over the past few years. In fact, July 2021 had the most private flights since March 20, 2008, with 12,345 planes. 2022 has seen even more record-breaking numbers. January flights were 22.7% ahead of 2021 according to Argus Traqpak.

Demand for safe travel and high economic growth has aided the demand for private air travel. However, with inflation and gas prices hovering around $4-$6+ per gallon in much of the United States, will the demand still be there? We believe it will still be in demand now and in the future.

As of March 10th, global traffic records for both active operations being flown and new trip booking requests are still high. With over 80% of Americans who haven’t traveled since the COVID pandemic, they are eager to travel again and travel safely. Many people are looking to pre-book for summer vacations to get ahead of price increases.

Despite high gas costs, private air travel is still in demand. People don’t want to lose the security, safety, and service they get when flying private. While the cost of private jet travel is directly related to the price of jet fuel, there are ways to reduce the overall cost. With the right company, it can be a cost-effective way to get around.

Sky Share USA (SSUSA) is a fractional jet ownership company whose mission is to provide private air travel at a reasonable and economical price. SSUSA can help owners fly on best-in-class jets at a fraction of the cost compared to its competitors by offsetting costly maintenance through their affiliate, Sky Aircraft Maintenance (SAM). This reduces the cost of ownership, helping to offset the increasing fuel costs.

SSUSA remains the most cost-effective option for private jet ownership before and during gas price hikes.

By making private jet travel costs fiscally reasonable, people will be more inclined to continue with this type of travel, therefore, keeping the industry momentum going. With this in mind, SSUSA is optimistic that it will continue to share the savings from the costs of fractional jet ownership with its owners regardless of what happens.

If you are interested in private air travel and aren’t sure what the most cost-effective option is for you, please reach out to one of our Aviation Advisors. Our advisors take the time to understand your needs and desires in order to find you the perfect solution for your private aviation needs.

Avoid The Headaches Of Commercial Travel With SkyShareUSA

Air Travel Depression - Sky Aviation Holdings

SkyShareUSA News & Events

A young woman with a backpack is looking at the ruins of an ancient Maya city Tikal. Guatemala

Top 10 Exotic Places to Visit With Private Jet Travel

If you’re looking for a new unforgettable private jet travel experience from exotic islands to luxury ski resorts, come get a look at our 10 favorites.

Read More →
Jet Cards SkyShare USA

Jet Cards & Chartering Jets are Like a Box of Chocolates

According to recent studies, complaints are becoming more and more common from Jet Card & Jet Charter customers.

Mostly the inconsistency between what was promised and what was delivered in their aircraft.

Read More →
Fractional Aircraft Ownership SkyShare USA

How private flights can save you time and money

Private flights offer travelers various benefits, including convenience, comfort, and cost savings. From fractional ownership to a private jet charter flight, here’s how you can find the best options for you and make the most of flying private.

Read More →
Google Trends

How Sky Aviation Holdings Uses Google Trends To Our Advantage In The Private Aircraft Sales Industry

Google trends is a powerful keyword research tool that we use to determine web search popularity in our marketing efforts.

Read More →
Learjet 60 Profile - Sky Aviation Holdings

The Bombardier Learjet 60 – Everything You Should Know About One Of The Most Popular Mid-sized Private Jets

Sky Aviation Holdings The Bombardier Learjet 60 – Everything You Should Know About One Of The Most Popular Mid-sized Private Jets Known in short as the Lear 60, it is a popular choice of celebrities, …

Read More →
Amphibious Jets

The Future Of Private Jet Flights

In the aviation industry, private jet flights are becoming more and more popular. This is due in part to the increasing availability of technology that makes private jet travel more accessible and convenient.

Read More →
Scroll to Top