Predictions and Trends: 2023 A Banner Year for The Private Fractional Jet Industry
PlaneSense/ PC12, PC24In 2022, Fractional aircraft flights reached a new record for hours flown, growing even faster than charter flights or wholly owned flights, according to data from ARGUS TRAQPak. According to SherpaReport President Nick Copley, "The next 12 months will continue to be very busy for the fractional market. The reasons are multifaceted and tied to the following key trends that have emerged in 2022. #1 --A wider variety of aircraft in fractional fleets “As more private and corporate owners show interest in the fractional space,” continues Mr. Copley, “the needs of fractional owners are diversifying, as the variety…