Private Jet Industry Stuck In A Holding Pattern

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Concerns over carbon emissions, supply chain issues, fluctuating demand, and other market forces have clouded the outlook for private air travel.

For the record, all aviation is responsible for about 2% of global CO2 emissions totals. Business aviation’s carbon contribution to the worldwide total is around 0.04%., which is around $80,000, they would find a single private jet brings about as much, if not more, money to the local economy as one from Ryanair....

The industry is stuck in the middle, he said, noting, “We as an industry are not going to win any arguments outside.”When it comes to supply chains, like the game of whack-a-mole, as you take care of one nuisance, another pops its head. In the end, the time you spend whacking slows down the process of completing whatever you were supposed to have done.There are now tires and chips. Transparencies and missing components here and there are still slowing the works.

Sizable maintenance, repair and overhauls "are not working on weekends because they don’t have the staff,” Bachman said. Dassault is returning to the fractional market, where NetJets has been winding down the last of its Falcon 2000 fleet in Europe. While Trappier declined to specify the model or customer, he said there are active discussions he expects to conclude with an order.

 

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