The Amari Charter Program is our core service, a service that allows corporations and affluent individuals to charter jets.
Our strength lays in our reach – we service Asia, Latin America, Africa and Eastern Europe, and we provide our clients a 7-star service.
Growth in the demand for Private Jet chartering
Current economic factors as the COVID-19 Pandemic have boosted the growth of the Private Jet Chartering Industry.
Embraer SA, one of the key market players, observes that in the next 20 years, there would be almost 6400 new jet deliveries in America alone.
COVID-19 has shaped the Private jet chartering industry to launch effective operational processes and supply chain management to streamline customers’ experience. Most companies implement Just-In-Time (JIT) techniques to procure and deliver the private jets systematically to the end-customers. Few companies as Zodiac Aerospace and Honeywell Corporations are innovating the cabin’s interior to develop cabin systems that are light-weight and cost-effective.
Companies are pursuing developing cabin systems that are modern and technologically advanced to propel the Jet Chartering Industry demand.
Historically, electric aircraft growth was stagnant, looming between 2% and 5%; however, based on the International Civil Aviation Organization (ICAO) findings, this growth rate will hit an unexpected 24 % growth rate amidst the Coronavirus. It has instigated electric aircraft growth to develop strategies and technologies that support the jet chartering industry’s sustainable development.
Sustainable businesses have a high potential to attract environmentally conscious and aware people who prefer electric jets compared to traditional fuel jets. One of the market leaders, Ampaire Inc., is an American company that is actively engaged in developing electric jet solutions, which will reduce the jet maintenance costs by 50%. In contrast, it will enhance the jet’s takeoff, and technology-based solutions will emit landing efficiency by 66% as no fuel from the aircraft’s tailpipe.
It can be categorized as one of the driving factors in the private chartering industry’s growth enhancement.
Based on the statistical analysis conducted to determine the effect of ageing fleet size on the market growth, it was concluded that the average fleet size worldwide was 17.6 years. Moreover, heavy jets required frequent maintenance, repairing and overhauling operations that were costly and tedious.
To enhance the effectiveness of charter jets, the companies are indulged in creating the next-generation business jets smaller in size and well-suited for the on-demand service applications.
Moreover, the charter jet industry is segmented to meet the customers’ needs. It is aimed that the business jets of Ultra-high range will experience prominent growth owing to the rapidly rising demand for long-ret jets worldwide. Most of the customers outsource the jets management service that significantly projects the CAGR of the jet management services.
In the segmentation, based on the jet’s system, it is anticipated that propulsion systems will experience a fast-growing demand due to the high surge of investment and order in the hybrid or electric propulsion system globally. Charter jet growth is also categorized according to the market type, and it is witnessed that the operator segment almost held a share of 66.34 % in 2019 due to higher demand in China, Singapore, and U.S for the service-based operators in the jets. However, today the private sector is expected to grow owing to people wanting to upgrade their traditional charter jets with the next-generation jets.
Press Contact
Alexia Xavier Engel,
SVP Communications
Amari Triton SLP
Triton Aviation Group
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