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Reduced Airline Schedules, Covid-19, Low Interest Rates, Tax Incentives Drive Up Demand for Private Jets, Outstripping Short & Long-Term Supply

Concerns about health and the vastly reduced flights of commercial carriers during the pandemic are driving a surge of interest in private aviation among businesses and wealthy individuals, despite the economic uncertainty of these pandemic times. While some are flocking to jet charters or “fractional” ownership arrangements to avoid the health risks of traveling with strangers and to gain the flexibility of flying where and when they need, companies such as The Private Jet Company (TPJC), providing sales, acquisition and consulting services to private jet buyers and sellers, are also seeing an uptick in the demand for pre-owned jets, a

...Continued

Dan Jennings Quoted in NYT May 30, 2020

Wealthy Fliers Worried About Coronavirus Turn to Private Jet Service As business executives curtail their travel, jet service providers are shifting to meet the demand from people concerned about getting on a commercial flight. By Paul Sullivan – New York Times – May 30, 2020 Commercial air travel has plummeted in the pandemic, but interest in private jet service is surging, particularly among people who have not paid to fly privately before. For years, jet service providers have ferried corporate executives and wealthy leisure travelers who paid high fees for the privacy and security. Now, those same companies are shifting to

...Continued

COVID-19 Increases Demand for Private Jets

There is real uncertainty and volatility in the Private Aviation market related to COVID-19 right now. Overall, businesses and individuals will need to charter, lease or acquire private jets in 2020 for reasons directly related to the current crisis. Commercial Airlines have already started to reduce service on historically low demand routes and passengers in non-hub cities will have fewer and fewer commercial flight options without additional new stopovers. Major corporate shareholders, senior management and executives, especially those with health concerns, will likely request their Companies for more and more private flights to avoid contracting a COVID-19 Viral infection Significantly increased Non-Commercial corporate

...Continued

2018 Jet Market Firming Up

Marketplace trends continue to indicate that private aircraft owners and operators are reacting favorably to changes in the new tax laws that encourage purchases. “We are already seeing a dramatic effect on the pre-owned aircraft market resulting from this change,” said Daniel Jennings, President of The Private Jet Company, a leading private aircraft broker. The new tax law permits 100% depreciation (up from 50%) in the first year of operation of the cost of new and used aircraft purchased between September 27, 2017 and January 1, 2023, subject to certain conditions. The new tax law also makes other changes impacting

...Continued

Celebrating 10th Anniversary with Logo and Enhanced Services

The Private Jet Company, a leading global private aircraft broker, announced today on the 10th anniversary of its founding a new modern logo that better reflects its new image. It also announced the expansion of its aircraft leasing and management services to private jet buyers. The new logo is now being used on the company’s printed materials, ads, letterheads and business cards and will soon also be applied to its website and Social Media accounts. The Private Jet Company (TPJC) has completed leases of aircraft ranging from a Citation Mustang to a Boeing 767-200ER. It offers both dry leases (for

...Continued

Dan Jennings quoted in EVA Magazine Summer 2017

Daniel Jennings, president of The Private Jet Company in Palm Beach, Florida, an area where Trump often hangs out, said demand for selected aircraft 2017. “We’re very busy with calls from prospective private jet buyers, particularly in the US market. If this trend continues, I believe we’ll see the market approach a balance between supply and demand for  “There’s still a sense out there that the market is in a slump,” Jennings admitted, “but I believe we’re seeing the best indication yet that the slump may soon be over. With fewer aircraft available, we’re also seeing the ones with the

...Continued

Private Jet Marketplace Offers Many Great Deals, and Excellent Values

It’s only natural to look for the best deal, regardless of whether you’re buying a television, a car… or, a private jet. Daniel Jennings, founder and President of The Private Jet Company (TPJC) explains that certain private jet aircraft currently represent excellent deals in today’s market, often selling at prices far lower than buyers may expect. “We strongly believe the overall market is beginning to tighten, and inventories have decreased 50 percent over the last 24 months,” Jennings said. “That said, large cabin, long-range business jets from such manufacturers as Gulfstream, Dassault Falcon, and Bombardier continue to offer a lot

...Continued

Encouraging Signs that President Trump will Make Private Aviation Great Again

Feb 1, 2017 – The Private Jet Company Announced today: Since the U.S. presidential election sent ripples throughout the political landscape, we notice marketplace trends to indicate that private aircraft owners, operators, and users will have reason to cheer as Donald Trump took office last month. “There are enough positive signs of President Trump’s appreciation and enthusiasm for the Private Aviation industry that we expect to see as much as a 10% increase in demand for private aviation over the first 100 days of his administration,” said Daniel Jennings, President of The Private Jet Company a dedicated private jet sales brokerage firm.

...Continued

Forecast Calls for Fewer New Private Jet Deliveries Leading to Higher Prices

Following years of gradual growth in sales of new business jets, a recent industry forecast predicts a slight decrease in sales of new private jets over the next 10 years. While this isn’t the best news for aircraft manufacturers, fewer new private aircraft deliveries could reverse years of decreasing prices for pre-owned business aircraft, making now the ideal time to buy a preowned private jet. According to the 25th annual Global Business Aviation Outlook released by Honeywell Aerospace earlier this month, ongoing political and economic concerns worldwide will drive deliveries of new private aircraft down through 2026. “We continue to

...Continued

Finding Opportunities Where the Preowned and Air Charter Markets Meet

Bombardier’s August announcement that slumping demand will keep prices of its new business jets for sale under pressure is symptomatic of the downturn creating havoc in both the new and preowned aircraft markets. But the same socioeconomic forces helping flatten the sales curve of jet transactions are creating new business aircraft ownership opportunities in the air charter world. The fact is, though sales of new business jets have dropped sharply, business aviation activity beyond the world of buying and selling airplanes is strong. People still want and need to use business jets, but fewer want to own them. It’s part

...Continued

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Reduced Airline Schedules, Covid-19, Low Interest Rates, Tax Incentives Drive Up Demand for Private Jets, Outstripping Short & Long-Term Supply


Concerns about health and the vastly reduced flights of commercial carriers during the pandemic are driving a surge of interest in private aviation among businesses and wealthy individuals, despite the economic uncertainty of these pandemic times. While some are flocking to jet charters or “fractional” ownership arrangements to avoid the health risks of traveling with strangers and to gain the flexibility of flying where and when they need, companies such as The Private Jet Company (TPJC), providing sales, acquisition and consulting services to private jet buyers and sellers, are also seeing an uptick in the demand for pre-owned jets, a

...Continued

Dan Jennings Quoted in NYT May 30, 2020


Wealthy Fliers Worried About Coronavirus Turn to Private Jet Service As business executives curtail their travel, jet service providers are shifting to meet the demand from people concerned about getting on a commercial flight. By Paul Sullivan – New York Times – May 30, 2020 Commercial air travel has plummeted in the pandemic, but interest in private jet service is surging, particularly among people who have not paid to fly privately before. For years, jet service providers have ferried corporate executives and wealthy leisure travelers who paid high fees for the privacy and security. Now, those same companies are shifting to

...Continued

COVID-19 Increases Demand for Private Jets


There is real uncertainty and volatility in the Private Aviation market related to COVID-19 right now. Overall, businesses and individuals will need to charter, lease or acquire private jets in 2020 for reasons directly related to the current crisis. Commercial Airlines have already started to reduce service on historically low demand routes and passengers in non-hub cities will have fewer and fewer commercial flight options without additional new stopovers. Major corporate shareholders, senior management and executives, especially those with health concerns, will likely request their Companies for more and more private flights to avoid contracting a COVID-19 Viral infection Significantly increased Non-Commercial corporate

...Continued

2018 Jet Market Firming Up


Marketplace trends continue to indicate that private aircraft owners and operators are reacting favorably to changes in the new tax laws that encourage purchases. “We are already seeing a dramatic effect on the pre-owned aircraft market resulting from this change,” said Daniel Jennings, President of The Private Jet Company, a leading private aircraft broker. The new tax law permits 100% depreciation (up from 50%) in the first year of operation of the cost of new and used aircraft purchased between September 27, 2017 and January 1, 2023, subject to certain conditions. The new tax law also makes other changes impacting

...Continued

Celebrating 10th Anniversary with Logo and Enhanced Services


The Private Jet Company, a leading global private aircraft broker, announced today on the 10th anniversary of its founding a new modern logo that better reflects its new image. It also announced the expansion of its aircraft leasing and management services to private jet buyers. The new logo is now being used on the company’s printed materials, ads, letterheads and business cards and will soon also be applied to its website and Social Media accounts. The Private Jet Company (TPJC) has completed leases of aircraft ranging from a Citation Mustang to a Boeing 767-200ER. It offers both dry leases (for

...Continued

Dan Jennings quoted in EVA Magazine Summer 2017


Daniel Jennings, president of The Private Jet Company in Palm Beach, Florida, an area where Trump often hangs out, said demand for selected aircraft 2017. “We’re very busy with calls from prospective private jet buyers, particularly in the US market. If this trend continues, I believe we’ll see the market approach a balance between supply and demand for  “There’s still a sense out there that the market is in a slump,” Jennings admitted, “but I believe we’re seeing the best indication yet that the slump may soon be over. With fewer aircraft available, we’re also seeing the ones with the

...Continued

Private Jet Marketplace Offers Many Great Deals, and Excellent Values


It’s only natural to look for the best deal, regardless of whether you’re buying a television, a car… or, a private jet. Daniel Jennings, founder and President of The Private Jet Company (TPJC) explains that certain private jet aircraft currently represent excellent deals in today’s market, often selling at prices far lower than buyers may expect. “We strongly believe the overall market is beginning to tighten, and inventories have decreased 50 percent over the last 24 months,” Jennings said. “That said, large cabin, long-range business jets from such manufacturers as Gulfstream, Dassault Falcon, and Bombardier continue to offer a lot

...Continued

Encouraging Signs that President Trump will Make Private Aviation Great Again


Feb 1, 2017 – The Private Jet Company Announced today: Since the U.S. presidential election sent ripples throughout the political landscape, we notice marketplace trends to indicate that private aircraft owners, operators, and users will have reason to cheer as Donald Trump took office last month. “There are enough positive signs of President Trump’s appreciation and enthusiasm for the Private Aviation industry that we expect to see as much as a 10% increase in demand for private aviation over the first 100 days of his administration,” said Daniel Jennings, President of The Private Jet Company a dedicated private jet sales brokerage firm.

...Continued

Forecast Calls for Fewer New Private Jet Deliveries Leading to Higher Prices


Following years of gradual growth in sales of new business jets, a recent industry forecast predicts a slight decrease in sales of new private jets over the next 10 years. While this isn’t the best news for aircraft manufacturers, fewer new private aircraft deliveries could reverse years of decreasing prices for pre-owned business aircraft, making now the ideal time to buy a preowned private jet. According to the 25th annual Global Business Aviation Outlook released by Honeywell Aerospace earlier this month, ongoing political and economic concerns worldwide will drive deliveries of new private aircraft down through 2026. “We continue to

...Continued

Finding Opportunities Where the Preowned and Air Charter Markets Meet


Bombardier’s August announcement that slumping demand will keep prices of its new business jets for sale under pressure is symptomatic of the downturn creating havoc in both the new and preowned aircraft markets. But the same socioeconomic forces helping flatten the sales curve of jet transactions are creating new business aircraft ownership opportunities in the air charter world. The fact is, though sales of new business jets have dropped sharply, business aviation activity beyond the world of buying and selling airplanes is strong. People still want and need to use business jets, but fewer want to own them. It’s part

...Continued

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Private Aviation News

Reduced Airline Sche

Concerns about health and the vastly reduced flights of commercial carriers during the pandemic are ...

Dan Jennings Quoted

Wealthy Fliers Worried About Coronavirus Turn to Private Jet Service As business executives curta...

Dan Jennings quoted

Daniel Jennings, president of The Private Jet Company in Palm Beach, Florida, an area where Trump of...

COVID-19 Increases D

There is real uncertainty and volatility in the Private Aviation market related to COVID-19 right no...

Reduced Airline Schedules, Covid-19, Low Interest Rates, Tax Incentives Drive Up Demand for Private Jets, Outstripping Short & Long-Term Supply

Private Jet for sale

Concerns about health and the vastly reduced flights of commercial carriers during the pandemic a...

Dan Jennings Quoted in NYT May 30, 2020

Wealthy Fliers Worried About Coronavirus Turn to Private Jet Se...

Dan Jennings quoted in EVA Magazine - Summer 2017

Daniel Jennings, president of The Private Jet Company in Palm Beach, Florida, an area where Trump of...

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