The use of private jet charters continue to surge as 2014 saw a 15% increase in the sector’s average spending, according to reports from New Flight Charters. Average spending in 2014 amounted to $17,068, topping $14,841 in 2013, based on the overall spending of each charter. All charter activity and aircraft types, including piston aircraft and heavy and long-range private jets, are included in the data.

1. Spending in Private Jet
Charter Industry
Increased 15% in 2014
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2. The use of private jet charters continue to surge as 2014 saw a 15% increase in
the sector’s average spending, according to reports from New Flight Charters.
Average spending in 2014 amounted to $17,068, topping $14,841 in 2013,
based on the overall spending of each charter. All charter activity and aircraft
types, including piston aircraft and heavy and long-range private jets, are
included in the data.
The increase is due to the large movement of charter demand in 2014. The
utilization of larger aircraft, specifically mid-size and heavy jets, was immense
during the year. Apart from this, the request for heavy jets doubled, while mid-
size jet activity increased 18.8%. Meanwhile, the demand for light aircraft like
small jets and turboprop charters declined by 9.8% and 26.1%, respectively.
The results match the data
from Argus International, an
aviation services company
from Canada. The company
also reports flight activity
gain over 2013, which
includes an increase in large
cabin and mid-size jet flying.
Private Jets Give More Advantage in Flying
Flying private saves plenty of time, which means saving a significant amount of
money. Since there are no check-in lines, immigration interviews, or baggage
carousels in charter flying, travellers reach their destination quickly and more
conveniently. Apart from this, private jets don’t need huge runways and major
airports, which let them spend less time on the ground.

3. More professionals choose private jets because these let them work while flying.
The privacy allows them to make confidential conversations and important
business transactions. A survey by the National Business Association shows that
20% of professionals are more productive in private flights, while those who fly
commercial report a 40% drop in productivity.
Private jets ascend better than airliners, which gives passengers the advantage
of traveling more quickly. Delayed flights are not an issue in private charters
because jets can still operate even in bad weather.
The predicted growth of the
private jet charter industry is
bigger in the coming years. The
convenience and value for money
that it offers attract more
businesses and families who are
flying domestic and international.
Its advantages give more
flexibility and utmost efficiency
to travelers worldwide.

4. RESOURCES:
 www.myflightsolutions.com/
 http://www.marketwired.com/press-release/private-jet-charter-
spending-up-15-2014-reported-industry-stalwart-new-flight-
charters-1989137.htm
 http://fortune.com/2015/07/02/private-jet-cost-cheaper/