Private jet charter is the business of renting an entire aircraft as opposed to individual seats. While the ordinay airlines sell seats, private jet charter business specialize in entire jet and ad hoc itineraries, urgent or time sensitive freight. The growth of private jet charter business boomed following the close of World War II due to the surplus aircraft available, air charter companies entered the business of charter flights for executives, special missions, etc.
In the 1960s we can notice the arrival on the market the first small jets, such as the Learjet. The Learjet was adopted by many of the first private jet charter companies. Many entrepreneurs have realized that it is more convenient renting an aircraft when necessary rather than managing the cost of ownership such as insurance, maintenance, etc. Today more than 70% of the on demand private jet charter industry is generated by mid sized companies. In the 1990s private jet charter benefited from the following growth factors:
Internet Communication: air charter was never part of the major travel distribution systems, it could not reach large audiences. Thanks to the internet, private jet charter companies had the opportunity to became more available to the increased broker and buyer community.
Growing Popularity: private jet charter became more available to the public through brokerage businesses able to connect passengers with aircraft for charter worldwide. If in the past passengers were limited to a few local yellow pages listings, they can now access aircraft through brokers specializing in locating aircraft.
Airline Problems: growing dissatisfaction with the scheduled airlines over security and congestion related delays.
Light jets: the advent of small jets such as Cessna and Embraer, that can bring the capital carrying cost of aircraft down enough so that many more could be sold and operated.
Light jet manufacturers realized that it was growing the demand of cheaper, smaller and faster jets for the point to point private aviation.
Today executive jet describe a jet aircraft, designed for transporting mostly business people. Business jet are used by all medium large firms allowing their managers to reach each destination in a faster way compare to ordinary flights. Lately also some airliners have been converted into luxury executive jets, often used by celebrities, sports teams, businessmen of small firms that don’t have a their own fleet.
The emerging market for personal jets has seen the introduction of very light jets, 4-6 passenger airplanes powered by 1 or 2 engines, developed to meet the demand of local flights to small airports without having trouble with noise restrictions. The worldwide fleet of small aircraft consists on more than 15.000 business jets, mostly based in the USA. At second place we’ll find the European market, but the market in Asia is growing very fast. Business jets mission is to assist customers better than ordinary airlines in all phases of the flight. The experience flying executive Jets must be fantastic from start to finish, outstanding prompt departures and arrivals, excellent service, friendly staff.
Embraer Executive Jet: modern international aviation is now changing. All advertising campaign of ordinary airlines emphasize low price policy, on the other hand are it is growing the demand of air luxury travel and services tailor made to the client’s specific requirements. Even for last minute arrangements, charter firms can provide executive aircraft within 2 hours notice. Executive Jets, such as the popular Learjet or Falcon can have access also over small airports usually not serviced by scheduled flights. Lately also one of the most important airline, Lufthansa, offers his best clients a tailored product to meet the growing expectations regarding flexibility and time. Freedom is the success of the charter of executive aircraft. More choice of destination airport, flexibility, and saving time in check operation are the basis of executive charter flights.