FAA Flight Reductions Fuel Unprecedented Demand for Private Aviation
Private jet operators are witnessing a surge in demand like never before. This unprecedented demand is a direct result of the FAA’s mandated 10% flight reductions at 40 major U.S. airports. These cuts, implemented due to air traffic controller staffing shortages during the ongoing government shutdown, have caused significant disruptions to commercial aviation, prompting a boom in private aviation bookings.
Flexjet CEO, Andrew Collins, reports a 23% year-to-date increase in flying. Similarly, FXAir’s charter division experienced a 56% jump in flight legs last month. “This peak season is going to be much busier than forecasted for private aviation as commercial airlines struggle with the impact,” says Jet Linx Executive Chairman, Jamie Walker.
Eight airports affected by FAA restrictions rank among the 25 busiest for private jets. This includes Teterboro Airport, the nation’s busiest private aviation hub. Industry leaders anticipate this trend to persist as frustrated travelers seek alternatives to commercial aviation disruptions. Both ARGUS and WingX reported record demand levels in October.
Source: Private Jet Card Comparisons