In 2020, the global business jet market was worth over 24 billion U.S. dollars. By 2028, this market is projected to reach just under 37 billion U.S. dollars. The private jet boom The coronavirus pandemic has shifted wealthy people to give up scheduled flights and instead use private jets. Flight hours of private jets have more than doubled worldwide in the third quarter of 2021 compared to the same quarter a year ago and reached the highest levels over the past seven years. The evolution is not only felt in North America but also in Europe, where flight hours have increased by more than 44 percent year-on-year. The demand for private jets is not only supported by aircraft rentals but also in the number of business jet deliveries. People no longer want to be constrained by travel restrictions imposed to prevent the spread of coronavirus. They are looking for ways to become more productive and the plane is seen as a productivity tool given that trips that would last a whole day are reduced to a few hours. Environmental aspects of private flying The growing use of private jets has been criticized by environmental activists. Recent studies show that those who travel with these aircraft represent only one percent of the total passengers of the airlines but are responsible for half of the industry's emissions. The same report found that private jets in the United Kingdom and France emit over a third of CO2 emissions in Europe.

The Private Jet Charter Services Market Report is Segmented by Aircraft Size (Light, Mid-Size, and Large), Service Model (On-Demand Charter, Jet Card Membership, Subscription-Based Charter, and More), Flight Type (Domestic and International), End User (Corporates and SMEs, HNWI/Private Individuals, and More), and Geography (North America, Europe, and More). The Market Forecasts are Provided in Terms of Value (USD)

By 2034, the Private Aircraft Market is expected to reach a valuation of USD 50.8 billion, expanding at a healthy CAGR of 6.7%.

The Asia-Pacific Business Jet Market is segmented by Body Type (Large Jet, Light Jet, Mid-Size Jet) and by Country (Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Thailand). Key Data Points observed include air passenger traffic, air transport freight, defense spending, military aircraft active fleet, revenue passenger kilometers, high-net worth individuals, and inflation rate.

The European Private Jet Charter Market Report is Segmented by Aircraft Type (Light Jets, Mid-Size Jets, and Large Jets) and Geography (United Kingdom, France, Germany, Switzerland, Italy, and the Rest of Europe). The Report Offers Market Size and Forecast for all the Above Segments in Value (USD).

Discover the booming private jet charter market! Our comprehensive analysis reveals key trends, growth drivers, and regional market shares from 2019-2033, highlighting leading companies and future projections. Explore the luxury travel segment's expansion and investment opportunities.

This statistic shows the number of private jets in the business aircraft fleet of the leading countries in the world in 2019. In that year, the United States had over ****** business aircraft in its fleet, making it the leading country in the business aviation market. Business and private aviation in the U.S. Since the early days of business and private aviation, people and organizations in the U.S. demonstrated unique interest in this market through their preferences. Mostly because of time-saving and the possibility to access smaller airports supported the growth of this industry in the U.S. During 2019, there were over ****** business aircraft in the U.S. to fulfil the market demand of individuals or enterprises. This fleet was mostly composed of jet aircraft, with over ****** jets available in the market. Consequently, the chartered flights market in the U.S. is one of the largest across the world. In 2020, the size of the charter market in the U.S. is expected to be roughly ** billion U.S., which is a slight decline due to the coronavirus (COVID-19) pandemic. Customers perspective on business and private aviation The main intention of business and private aviation is to satisfy the wants of a niche group of people, especially the business elite. This characteristic requires the firms operating in the business aviation industry to constantly try to satisfy their customers as much as possible. Therefore, some firms even provide same-day booking possibility for customers if needed. On the other hand, individuals exhibit special attention to the type of aircraft they fly on. Across the globe, there is a multitude of business aircrafts available with different size, comfort, capability and other fine tunings. During a recent survey carried out in 2019 and 2020, the most preferred pre-owned business aircraft model was Gulfstream G-550 globally. As economies expand with more firms or businesses burgeoning, we can expect a potential increase for private and business aviation in the upcoming years.

Discover the booming private aircraft charter market! This in-depth analysis reveals market size, growth trends, key players (Jet Aviation, VistaJet, etc.), and regional insights from 2019-2033. Learn about driving forces, restraints, and future predictions for this lucrative sector.

Explore the booming semi-private jet charter market projected to reach $32 billion by 2033. This comprehensive analysis reveals key trends, drivers, and restraints, along with regional market shares and leading companies. Discover opportunities in this lucrative sector.

The Africa Private Jet Charter Services Market Report is Segmented by Aircraft Size (Large Jet, Mid-Size Jet, and Light Jet) and Geography (South Africa, Nigeria, Ghana, and the Rest of Africa). The Report Offers Market Size and Forecasts for all the Above Segments in Value (USD).

Discover the booming private jet charter services market! Our in-depth analysis reveals a $15.27B market in 2025, projected to grow at a 13.92% CAGR through 2033. Explore key drivers, trends, regional insights, and leading companies shaping this lucrative sector. Key drivers for this market are: Increase in Internet of Things (IoT) and Autonomous Systems, Rise in Demand for Military and Defense Satellite Communication Solutions. Potential restraints include: Cybersecurity Threats to Satellite Communication, Interference in Transmission of Data. Notable trends are: Mid-Size Jets Segment is Expected to Show Highest Growth During the Forecast Period.

Business Jet Market growing from USD 95.57 billion in 2024 to USD 173.99 billion by 2034 by 6.2% CAGR. Unlock trends on sustainable aviation fuels & advanced avionics transforming corporate travel efficiency.

This dataset is prepared for statistical factor pricing models and standardized across variables including country, region, currency, vendor, and manufacturer for seamless data filtering. It contains 20+ years of aircraft and private jets sold at auction and in private markets across all categories including business jets, turboprops, helicopters, vintage aircraft, warbirds, and commercial aircraft. Tracked manufacturers include: Gulfstream, Bombardier, Cessna, Dassault Falcon, Embraer, Boeing Business Jets, Airbus Corporate Jets, Hawker Beechcraft, Citation, Learjet, Pilatus, King Air, Piper, Cirrus, Diamond, Mooney, and many other aviation manufacturers including vintage and military aircraft.

Private Jet Market Outlook

According to our latest research, the global private jet market size is valued at USD 34.6 billion in 2024, with a robust growth trajectory supported by a CAGR of 4.7% from 2025 to 2033. By the end of the forecast period, the market is expected to reach USD 52.3 billion by 2033, driven by increasing demand for personalized air travel, ongoing fleet modernization, and a surge in high-net-worth individuals worldwide. The market’s expansion is further fueled by technological advancements in aviation and the growing preference for flexible, secure, and time-efficient travel solutions.

One of the primary growth factors for the private jet market is the rising number of ultra-high-net-worth individuals (UHNWIs) and corporate executives requiring premium, time-saving travel options. As global business activity intensifies and cross-border investments increase, private jets have become indispensable tools for executives who value efficiency, privacy, and flexibility. The ability to bypass crowded commercial airports, customize flight schedules, and access remote destinations not served by commercial airlines has made private jets an attractive proposition for both business and leisure travelers. Furthermore, as globalization continues to reshape business operations, the need for rapid and secure travel has become a key driver for the private jet industry, particularly in emerging markets where commercial flight options may be limited.

Technological advancements are also playing a significant role in the market’s growth. Innovations in avionics, fuel efficiency, and in-flight connectivity have greatly enhanced the safety, comfort, and operational cost-effectiveness of private jets. The integration of cutting-edge navigation systems, real-time data analytics, and sustainable aviation fuels is not only improving the passenger experience but also addressing growing concerns related to environmental impact. Manufacturers are investing heavily in research and development to deliver lighter, more fuel-efficient, and environmentally friendly aircraft, which is expected to drive new purchases and fleet upgrades over the coming years. These advancements are particularly appealing to environmentally conscious customers and organizations seeking to align their travel policies with sustainability goals.

Another important growth factor is the diversification of service models, including fractional ownership, jet card programs, and on-demand charter services. These flexible options have democratized access to private aviation, enabling a broader range of customers to experience the benefits of private jet travel without the need for full ownership. The rise of digital booking platforms and mobile applications has further streamlined the process, making it easier for customers to compare options, book flights, and manage their travel itineraries. This trend is expected to continue as younger, tech-savvy customers enter the market, seeking convenience and customization in their travel experiences.

Regionally, North America continues to dominate the global private jet market, accounting for the largest share of both fleet size and demand. The region’s mature aviation infrastructure, high concentration of corporate headquarters, and strong economic performance have established it as the epicenter of private jet activity. Europe follows closely, with a well-developed business aviation sector and increasing demand for intra-regional travel. Meanwhile, the Asia Pacific region is emerging as a significant growth engine, driven by rising wealth, expanding business activities, and increasing adoption of private aviation solutions. The Middle East and Latin America also present promising opportunities, fueled by investments in luxury tourism and infrastructure development.

Aircraft Type Analysis

The private jet market is segmented by aircraft type into light jets, midsize jets, large jets, and airliners, each catering to distinct customer needs and mission profiles. L

Private Jet Market Outlook

According to our latest research, the global private jet market size reached USD 27.9 billion in 2024, demonstrating robust demand from high-net-worth individuals and corporations seeking exclusive air travel solutions. The market is projected to grow at a CAGR of 4.8% from 2025 to 2033, with the total value forecasted to reach USD 42.7 billion by 2033. This steady expansion is driven by increasing global wealth, the proliferation of business travel, and a marked preference for flexible, private, and secure aviation options. As per our latest research, the private jet industry is undergoing significant transformation, fueled by technological advancements, evolving ownership models, and growing demand for customized travel experiences.

One of the primary growth drivers for the private jet market is the significant rise in the number of high-net-worth individuals (HNWIs) and ultra-high-net-worth individuals (UHNWIs) worldwide. As global economies recover and wealth creation accelerates in regions such as Asia Pacific, the Middle East, and North America, there is a corresponding increase in demand for luxury and personalized travel solutions. Private jets provide unmatched convenience, privacy, and time efficiency, which are highly valued by executives, celebrities, and affluent families. The ability to bypass commercial airport congestion, adhere to flexible schedules, and enjoy tailored in-flight services positions private aviation as the preferred choice for discerning travelers. Furthermore, the COVID-19 pandemic has intensified this trend, as concerns over health and safety have prompted even more individuals and businesses to consider private aviation as a secure and reliable mode of transport.

Technological innovation is another crucial factor propelling the private jet market forward. Advances in avionics, fuel efficiency, and cabin comfort have made modern private jets more appealing and cost-effective than ever before. The integration of digital platforms for booking, real-time flight tracking, and customized onboard experiences has revolutionized the way private jet services are delivered. Additionally, the emergence of sustainable aviation fuels (SAF) and electric propulsion technologies is addressing growing environmental concerns, making private jets a more viable option for eco-conscious consumers. Manufacturers are investing heavily in research and development to enhance aircraft performance, reduce emissions, and improve operational efficiency, thereby broadening the market’s appeal to a wider range of end-users.

Changing ownership models are also reshaping the private jet landscape. While traditional full ownership remains popular among the ultra-wealthy, there is a notable shift towards fractional ownership, jet card programs, and charter services. These flexible options lower the barriers to entry, enabling a broader segment of customers to access private aviation without the significant capital outlay and ongoing maintenance responsibilities associated with full ownership. The rise of on-demand charter platforms and membership-based services is democratizing access to private jets, fostering market growth across both mature and emerging economies. As a result, the private jet market is becoming increasingly dynamic, with a diverse array of solutions tailored to the unique needs and preferences of modern travelers.

Regionally, North America continues to dominate the private jet market, accounting for the largest share of global revenues in 2024. The United States, in particular, boasts a well-established infrastructure, a high concentration of HNWIs, and a mature business aviation ecosystem. However, Europe and Asia Pacific are rapidly emerging as significant growth engines, driven by rising wealth, increased cross-border trade, and expanding business networks. The Middle East, with its strategic geographic location and affluent clientele, is also witnessing robust demand for private jets. As the market evolves, regional players are investing in fleet expansion, infrastructure development, and service innovation to capture a larger share of the burgeoning private aviation sector.

Aircraft Type Analysis

The private jet market is segmented by aircraft type into Light Jets, Midsize Jets, Large Jets, and Others. Light jets, known for their cost-effectiveness and ability to access smaller airports, are particularly popular among business travelers and individuals se

Discover the booming European business jet market! Our analysis reveals key trends, growth projections (CAGR), and leading players in this lucrative sector, encompassing large, light, and mid-size jets. Learn about market drivers, restraints, and regional insights from 2019-2033. Recent developments include: October 2023: Textron Aviation announced that it entered into a purchase agreement with Fly Alliance for up to 20 Cessna Citation business jets, four firms with options for 16 additional aircraft. Fly Alliance is expected to use the aircraft for its luxury private jet charter operations and expects to take delivery of the first aircraft, an XLS Gen2, in 2023.June 2023: Gulfstream Aerospace Corp. announced today the further expansion of its completions and outfitting operations at St. Louis Downtown Airport. With this latest expansion, Gulfstream is expected to increase completion operations at the site while modernizing its existing spaces by adding new, state-of-the-art equipment and tooling, representing a total capital investment of USD 28.5 million.June 2023: Gulfstream Aerospace Corp. announced that the super-midsize Gulfstream G280 was cleared for operations at France’s Airport of the Gulf of Saint-Tropez located in La Môle. The aircraft recently flew several takeoff and landing demonstrations at the short-field airport.. Notable trends are: An increase in new memberships and rising HNWI wealth in the region is driving the demand for business jets in the region.

The Business Jet Market Report is Segmented by Body Type (Large Jet, Mid-Size Jet, and Light/Very-Light Jet), End User (Individual Owners, Businesses and Corporate Entities, Charter/Air-Taxi Operators, and More), Ownership Model (New Aircraft Purchase, Pre-Owned Purchase, Fractional Ownership, and More), and Geography (North America, Europe, Asia-Pacific, and More). The Market Forecasts are Provided in Terms of Value (USD).

Shared Private Jet Market Outlook

According to our latest research, the Global Shared Private Jet market size was valued at $12.8 billion in 2024 and is projected to reach $23.6 billion by 2033, expanding at a robust CAGR of 7.1% during the forecast period of 2025–2033. One of the primary factors fueling this impressive growth trajectory is the rising demand for flexible, on-demand air travel solutions among both business and leisure travelers. The shared private jet market is transforming the traditional private aviation landscape by democratizing access to premium air travel, making it more affordable and convenient for a broader range of customers. This shift is being accelerated by advances in booking technology, evolving lifestyle preferences, and the increasing need for time-efficient travel options in a post-pandemic world. As more individuals and organizations prioritize safety, privacy, and efficiency, the shared private jet market is poised to witness sustained expansion across key global regions.

Regional Outlook

North America currently commands the largest share of the global shared private jet market, accounting for over 48% of total market value in 2024. This dominance is underpinned by the region’s mature aviation infrastructure, high concentration of high-net-worth individuals, and a well-established business aviation ecosystem. The United States, in particular, has been a pioneer in fractional ownership and jet card programs, with leading operators such as NetJets and Flexjet driving innovation and service excellence. Favorable regulatory frameworks, a dense network of airports, and an entrenched culture of private aviation further bolster North America’s leadership position. In addition, the rapid adoption of digital booking platforms and the integration of advanced aircraft into fleets have contributed to the region’s sustained growth and high customer retention rates.

In contrast, Asia Pacific is emerging as the fastest-growing region in the shared private jet market, projected to record a CAGR of 10.4% through 2033. This dynamic growth is fueled by rising disposable incomes, expanding business hubs, and a growing appetite for luxury and convenience among affluent consumers in countries such as China, India, and Singapore. The region is witnessing increased investments in aviation infrastructure, with new airports and FBOs (Fixed Base Operators) being developed to cater to the surge in private aviation demand. Additionally, the proliferation of digital platforms and mobile apps is making private jet booking more accessible, attracting a younger and more diverse clientele. Strategic partnerships between regional operators and global players are also accelerating market penetration, further cementing Asia Pacific’s status as a key growth engine for the industry.

Meanwhile, emerging economies in Latin America, the Middle East, and Africa are experiencing a gradual uptick in shared private jet adoption, albeit from a lower base. These regions face unique challenges, including regulatory complexities, limited airport infrastructure, and fluctuating economic conditions. However, increasing cross-border investments, the rise of regional business centers, and growing tourism sectors are driving localized demand for flexible and efficient air travel solutions. Governments in select Middle Eastern countries are actively promoting private aviation as part of broader economic diversification strategies, while Latin American operators are innovating with pay-per-seat models to attract first-time users. Despite infrastructural and policy hurdles, these emerging markets present significant long-term opportunities for shared private jet service providers aiming to expand their global footprint.

Report Scope

Discover the booming private jet charter market! Explore key growth drivers, market size ($20B in 2025, projected to grow at 5% CAGR), regional trends, leading companies (NetJets, VistaJet, etc.), and future forecasts to 2033. Learn about segmentation by aircraft size & application.

This daily dataset is best for analyzing the pricing and trading patterns of Embraer aircraft and private jets in the secondary markets via auctions and online sales.