Business is booming for the private jet and aviation industry, and a recent study by Victor has revealed some interesting trends that show how the industry is evolving – and what operators have to look forward to in 2018. Here are some interesting insights from the team at Monmouth Executive Airport in NJ.
Bigger jets, exotic locations and unique travel plans
The Victor report, which focused on US booking trends for 2016, showed that there was a significant increase in demand for larger-capacity jets for long-haul journeys to more adventurous locations. In fact, bookings for big private jets like the Gulfstream IV and Bombardier Global 600 experienced a 98% increase in bookings.
This is also reflected in their consumer behavior findings that revealed an unprecedented 82% of route pairings booked through Victor were unique – showing that journeys weren’t being repeated. Instead, clients were choosing to vary their destinations and even favor more unusual travel locations off the beaten path.
The most popular jets and the most popular destinations
So, what private jets do travelers prefer? The Gulfstream IV, Hawker 800XP, Phenonm 100 and Hawker 400XP all ranked in the top 5, but the ever-popular Citation CJ3, CJ2 and Learjet 60 all ranked in the top 10 as well.
As for where they were going, the top ten destinations for private jet travel included London (UK), Nice (France), Male (Maldives), Zurich (Switzerland), Ibiza (Spain), and Dar es Salaam (Tanzania). More locally, Las Vegas, Miami, New York, Los Angeles, Havana, and San Jose Del Cabo ranked highly.
Fly from Monmouth Executive Airport in NJ – To the world
Monmouth Executive Airport offers the perfect start to any journey, whether it’s to the next state or across to exotic destinations. With the largest private runway in the country, we can handle even the largest private jets with ease, as well as helicopters, smaller jets and piston aircraft.
In addition, we offer hangar space for rent as well as the opportunity to build your own custom hangar space. Our FBO services are extensive and we include on-site aircraft maintenance and repair services, de-icing services, 24-hour lavatory services, aviation fuel loyalty programs and more.
For more information about Monmouth Airport or aircraft hangars in NJ, please contact us or visit our website at https://monmouthjetcenter.com/ today.