Charter flying decreasing in some markets

Business Jet Traveler » August 2008
Friday, August 1, 2008 - 5:00am

Charter volume is dropping significantly in some markets, according to charter industry insiders. Recent increases in the size of the business aviation fleet are contributing to this problem, said William Quinn Jr., chairman of Aviation Management Systems in Portsmouth, N.H. "If the demand stays the same or even grows just a smidgen," he explained, "the supply is going [to grow] at a far greater rate than the demand. Most all of the fractional players have matured to the point where they are beyond the so-called critical mass. So their need for charter has dropped off considerably in the past three to five years and I think that will continue. We are also in an election year, and that tends to cause people to back off on making buying and spending decisions."

Share this...

Add your comment:

By submitting a comment, you are allowing AIN Publications to edit and use your comment in all media.

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
 

Quote/Unquote

“You are so motivated to make sure the trip goes smoothly, because you know that the organs of these two kids are now going to save the lives of more than just a handful of other kids.”