Sky Aviation Holdings

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. As this trend continues, we can expect to see even more innovation in the private jet market.

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    The Flying Private Movement

    The private jet industry has seen a lot of growth in recent years. This is thanks to the rise of the flying private movement. The flying private movement is a term that refers to the growing trend of people using private jets for their travel needs. This trend is being driven by a number of factors, including the increasing affordability of private jet travel and the growing availability of private jet services.

     

    As the flying private movement continues to grow, we can expect to see even more innovation in the private jet market. This includes new technology that makes private jet travel more accessible and convenient. In addition, we can expect to see continued growth in the fractional jet ownership market due to the fact that more and more people are choosing to invest in private jets and share them out to cover costs while they are not being used.

    A shift towards on-demand flying

    In the past, if you wanted to fly private, you had to either own your own jet or charter one through an operator. But that’s starting to change. A new crop of companies is offering on-demand private jet services, which allow customers to book a seat on a private flight with just a few clicks on their smartphone. This model is similar to the way Uber and Airbnb have disrupted the taxi and hotel industries, respectively. And it’s already starting to take off (pun intended).

    An increase in empty legs

    One by-product of the on-demand flying trend is an increase in “empty legs” – private jet flights that are scheduled with only one paying passenger because the other seats have been booked by someone else flying in the same direction. These empty legs flights can be booked at a discount, making private jet travel more affordable than ever before.

    Fractional Jet Ownership Companies

    Fractional jet ownership companies are also playing a big role in the future of private jet flights. These companies offer businesses and families the ability to obtain shared ownership of a jet allowing them to take private flights without the cost of whole jet ownership. This helps to offset the costs of owning a private jet and makes private jet travel more affordable for everyone involved.

    Read more about SkyShare USA's Fractional Jet Ownership program

    A boom in alternative aircraft types

    Amphibious Jets

    In recent years, there’s been a sales boom in alternative aircraft types like turboprops, very light jets (VLJs), and amphibious jets. 

    These new aircraft types are often cheaper to operate than traditional private jets, making them more attractive to budget-conscious flyers. 

    What’s more, they offer unique advantages that appeal to specific types of travelers.

    For example, turboprops are well-suited for short-haul flights, while seaplanes can land in locations that traditional airplanes can’t reach.

     

    Greater focus on sustainability

    The aviation industry is under increasing pressure to become more sustainable, including private jets. Some companies are already taking strides in this area by investing in electric and hybrid aircraft, while others are offsetting their carbon emissions through programs like Carbonfund.org or Myclimate.org.

    It’s likely that we’ll see even more progress on this front in the years to come as airlines and manufacturers continue to feel pressure from both shareholders and environmentalists alike.

    Time Before Overhaul (TBO Extension) - Extending the life of your aircraft

    An aircraft engine can be overhauled to increase the life extension of the aircraft for a fraction of the cost of engine replacement. The technological advances and benefits of time before overhaul or TBO extension for aircraft engines are many.

    Aircraft engines that have undergone TBO extension have shown improved performance and reliability.

    The engines are able to achieve a higher number of flight hours before requiring an overhaul. This results in increased efficiency and savings for the airline industry and private jet owners.

    In addition, TBO extension has also been shown to reduce environmental emissions from aircraft.

    Get more information on extending the life of your aircraft

    The effects of fluctuating fuel costs

    The cost of fuel is one of the biggest operating expenses for private jet owners and airlines. As such, it’s no surprise that fuel costs are always a hot topic in the aviation industry.

    In recent years, we’ve seen fuel prices fluctuate quite a bit, which has had a direct impact on private jet travel. For example, when fuel prices spiked in 2008, many private jet owners were forced to grounded their aircraft due to the high cost of operating them.

    As fuel prices fall we tend to see a resurgence in private jet travel however with global pandemics such as covid-19 private travel demand has increased despite recent fuel price increases.

    Flying private and global pandemics

    The Covid-19 pandemic has had a profound impact on the aviation industry. Commercial airlines have been hit hard, with many flights being canceled or delayed. This has led to an increase in demand for private jet travel. After all, flying privately allows you to avoid crowds and the risk of exposure to the virus.

    Businesses are now turning to private travel for executives

    aircraft fractional ownership SkyShareUSA

    Historically, private jet travel has been seen as a luxury reserved for the ultra-wealthy. But that’s no longer the case. 

    These days, an increasing number of businesses are turning to private jet travel to transport their executives. 

    Why? Because it’s efficient, convenient, private, and perhaps most importantly it’s seen as a valuable time-saving perk that helps attract and retain top talent. 

    Not only does it allow executives to travel directly to smaller airports, but they can make business trips and come back on the same day as they are not restricted to commercial airline timeframes.

    Avionics advancements decreases pilot stress and fatigue

    Pilot error is one of the leading causes of accidents in the aviation industry. That’s why avionics manufacturers are always looking for ways to reduce pilot stress and fatigue. One way they’re doing this is by developing new technologies that automate some of the tasks that pilots typically have to do manually.

    For example, there are now autopilot systems that can take off and land an airplane without any input from the pilot. This not only reduces the workload for pilots, but it also decreases the chances of human error.

    Learn more about the new SkyView Avionics

    The Private Aviation Industry Is Taking Off - Literally

    The future of private jet flights is looking bright, especially if you’re looking for more options, greater affordability, and increased sustainability.

    On-demand flying is making it easier than ever to book a seat on a private flight, while new aircraft types are providing cost-effective alternatives to traditional jets. And as the aviation industry comes under increasing pressure to reduce its environmental impact, we expect to see even more progress in the years ahead.

    So whether you’re a seasoned flyer or just getting started in the world of private aviation, there’s plenty to be excited about when it comes to the future of flying!

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