Thomas Pallini/Business Insider
New travel trends show the wealthy flying more infrequently but also using the air taxis on longer routes as airlines become unreliable. Andrew Schmertz started the air taxi firm in 2009 armed with a fleet of piston-powered Cirrus SR-20/22 series aircraft. The air taxi concept sought to make regional travel easier at a fraction of the cost for a private aircraft charter thanks to the cheaper economics of the aircraft compared to larger competitors.
Private aviation has benefitted from the wealthy's desire to avoid the airlines and flyers are focused more on health and safety than any other topic when booking travel, according to Schmertz. Throughout the summer, the fear of commercial flight has given his aircraft the opportunity to fly longer and more lucrative routes.
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