The global air charter services market is anticipated to grow at a CAGR of 5.4% during the forecast period (2024-2031). E-commerce has positively impacted almost every market including air charter services industry globally. There is an exponential increase in the number of people using various charter services platforms across the globe. These service platforms are also proving innovative services to customers such as online booking and affordable price, among others. The increasing per capita income and standard of living is driving the market growth. Increasing population leads to an increase in business income as well as higher pay for high-profile employment, allowing them to use more premium services such as private jets and flights which cultivate new leads. These increase in incomes have enabled people to spend more on their traveling budgets by opting private air jet services.
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In addition, the key players operating in the market are also adopting various strategies such as merger, acquisition, partnership and product launch to attract more users, which is another factor propelling the market growth. For instance, in June 2023, Million Air Dallas comprehensive private jet services launched a new business unit: MAnext, an expansive national and international charter brokerage provider which is creating a personalized point-to-point travel solution meeting any mission request, from any location. No detail is overlooked, as every service from ground transportation and private security to culinary accommodations and even luxury spa services will be offered and organized. This enables clients to enjoy a unique journey, while benefitting from experience at maximizing cost-efficiency.
Competitive Landscape- includes Air charter service group ltd., Gama aviation Plc, Air partner limited, Delta Private Jets, Flexjet llc, and others.
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Air Charter Services Market Report Segment
By Type
- Business charter services
- Private charter services
By Application
- Charter Passenger
- Charter Freight
- Others (Unscheduled Itineraries)
Company Profiles
- Asia Jet Partners Ltd.
- ASIAN SKY GROUP
- Delta Private Jets
- Flexjet LLC
- GlobeAir AG
- Honeywell International Inc
- Jettly Inc
- Jet Aviation AG
- Jet Linx Aviation Inc.
- NetJets IP LLC
- PrivateFly Ltd
- Sunset Aviation LLC
- TAG Aviation
- VistaJet Group Holding Ltd.
- Wheels Up Partners LLC
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