Wealthy Travelers Have Found an Even More Desirable Way to Fly Private
- Fractional trips grow faster than charters, corporate flights
- Flexjet expected to make plane buy after large NetJets orders
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For more and more deep-pocketed people who don’t want to fly commercial, owning part of a private jet is better than owning the whole thing.
Wealthy travelers who tried charter flights during the pandemic have upgraded to be able to book a flight in as little as four hours, according to Richard Koe, managing director of WingX, an industry analysis firm. And business travelers increasingly want anonymous flights, he said, to avoid revealing potential deals to sleuths who track corporate jet movements.