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Private jet sales likely to reach highest ever level this year, report says

58 pointsby sandebertabout 2 years ago

12 comments

jl6about 2 years ago
Private jets seem like a great starting point for mandating use of net-zero synthetic jet fuel. Sure it's 5x the cost of regular fuel, but fuel isn't the biggest cost of owning a private jet, and these people are amongst the least price sensitive.
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efitzabout 2 years ago
Here’s an idea: let’s make commercial air travel suck less. Then maybe there is less incentive for private jet travel.
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nebula8804about 2 years ago
Clearly this growing number of folks know some financial angle that I don't. Its a exclusive club and I ain't in it.
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nicodjimenezabout 2 years ago
I can see why: flying commercial is a humiliating experience.<p>As far as I&#x27;m concerned the biggest reasons to strike it rich are flying private and having a private chef.
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Ekarosabout 2 years ago
Who exactly are buying these jets? I thought money was getting tighter and spending it on jets in that sense sounds weird. Or is it that there is that much cash around and it might as well be spend on consumption instead waiting for investments?
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simonwabout 2 years ago
No mention of Covid anywhere.<p>I would expect high-net-worth individuals that value their health and comfort would jump at the chance to reduce their potential exposure by flying private.
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kylehotchkissabout 2 years ago
Another unexpected driver could be the increasingly high comfort level in business and first class on long-haul flights with no domestic alternatives (yes, JetBlue mint and Delta one are nice, but are they widely available enough domestically?)<p>&quot;Business class&quot; on most domestic flights in US would be called &quot;premium economy&quot; on most long haul airlines. Yet it can easily cost more in cash than an actual business class seat on a long haul airline.<p>Domestic flights really should level up on their premium options. Convert all the non-lay-flat &quot;business class&quot; seats to just &quot;premium economy&quot; and start getting lay-flat business class seats between hubs multiple times a day. These seats will always be filled with actual executives or people with the points to upgrade to them. The fuel bill still gets paid, less private jets in the sky, and a move towards more competitive pricing on comfortable seats for the rest of us.<p>Very recent example of what this could look like: FlyDubai (a narrowbody discount middle eastern carrier) just announced a very nice looking lay-flat business class option: <a href="https:&#x2F;&#x2F;onemileatatime.com&#x2F;news&#x2F;flydubai-business-suite&#x2F;" rel="nofollow">https:&#x2F;&#x2F;onemileatatime.com&#x2F;news&#x2F;flydubai-business-suite&#x2F;</a>
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thomasjbabout 2 years ago
Is there any data on how much of private jet usage is for urgent medical requirements, government contracted transport and transporting specialist workers quickly? Maybe this report is taking private to not include that usage, but I can&#x27;t find it.
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mdmglrabout 2 years ago
The only figure I found in the article is Elon “was responsible for more than 2,000 tonnes of carbon dioxide emissions.”<p>Is there a compilation of emissions comparing across private jet owners, commercial aviation and perhaps other industries? It seems like only in the last few years there has been this microscopic focus on private jets. I would like to know if this is just an easy target or if this is a real issue.
exabrialabout 2 years ago
Ironically, these same people are lecturing me about my carbon footprint.
bjourneabout 2 years ago
Why should flying private jets be legal?
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jacooperabout 2 years ago
While public options for transportation continues to get worse because of climate taxes, like some countries taxing air travel to make it unaffordable.<p>These people have the option to just say no and buy a private jet, the public can&#x27;t.