JetHub Private Jet Charter Blog

Private Aviation Industry Showing Signs of Recovery

Private aviation was one of the many markets to reach the peak of the economic high from 2005 to 2008 with many businesses and individuals buying private planes. There was also a high demand for partial jet ownership and money saving programs like jet cards for frequent private plane travelers. When the bubble burst in 2009, the private aviation industry experienced a sharp decline.

Compounding the difficulties of a strained global economy were the harsh criticisms from US politicians and media regarding the private aviation industry as evidence of big business wastefulness. Many businesses cancelled orders for private planes and executives curtailed their use of private jets in exchange for less efficient commercial flights.

Slowly but surely, private aviation is getting back on its feet. The first quarter of 2010 has shown promise of a return to a thriving market for private aviation. Private plane sales have begun to increase and Gulfstream reported the first quarter of 2010 as its biggest sales quarter since 2008. Criticism of private jet use has eased in the media.

Additionally, commercial airlines have become less attractive with reduced seat capacity, numerous airline strikes, longer wait times and extra fees. With frequent delays and hassles, private aviation has become financially attractive again with all of the opportunity cost saved through more efficient time and money management. Businesses pay slightly more for the flight, but save money everywhere else.

While the private aviation industry is still facing hardship, experts believe that the industry will be recovered by 2011.

For more information, view articles here and here.
Topics: private aviation industry business aviation private aircraft private jet travel 2009

JetHub Grows Exponentially in 2009

In 2009, JetHub was such a hit with consumers that we more than doubled our revenue from our first year of business in 2008. Bursting onto the scene with passion and vision during a time when many private jet brokers were closing their doors, JetHub has proven that a strong emphasis on client satisfaction, competitive pricing and safety is a winning combination.

JetHub's vision means providing 24 hour a day, 7 days a week service to clients. Designated charter advisors attend to every detail of a trip from the time the client steps out their door until they return home. This allows clients to save time and energy, letting them focus on what matters. Charter advisors reserve car services, organize catering, make dinner and hotel reservations and whatever else the client requires.

JetHub expanded from only a small handful of luxury charter advisors, hiring several more in 2009. By 2010, JetHub anticipates so much new growth that we intend to continue expanding our number in order to provide the same attentive, consistent luxury concierge services to JetHub clientele. JetHub also made such an impression on jet operators with our reliable business practices and fair dealings that JetHub now has access to the largest network of private jets in the United States. Our positive relationships with jet operators allow us to consistently offer the lowest prices available for private flights. With as little as four hours notice, JetHub can provide a quote for the lowest price, book a trip and have you in the air and on your way to your destination.

2009 was an exciting year for JetHub, but 2010 will be even better. With several new promotions coming up to inform clients about our innovative take on jet card programs - the JetCard 2.0TM and plenty of ideas for ways to improve private charter services for clients and operators, JetHub has a lot to look forward to.

Topics: aviation business private jet charter charter broker 2009