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I agree with your market analysis. Private jets are often referred to as "time machines" given how much time HNW / exec travelers can save. There's a market s
by c_o_n_v_e_x 9mo ago
I agree with your market analysis. Private jets are often referred to as "time machines" given how much time HNW / exec travelers can save. There's a market segment that's willing to pay a high premium for reduced travel time.
- gerad 9mo agoFor most of my trips, a huge % of the travel time is outside the actual flight time. Trip to the airport, security, boarding, waiting to take off, and reverse on the other side (with addition of potentially getting a rental car). This can be solved without supersonic solutions (e.g. flying private), but adoption is low for business travel – is it too expensive? Separately, I wonder if a lot of the demand is also obviated by in-air wifi.
- vdqtp3 9mo ago> adoption is low for business travel – is it too expensive Yes. Most companies won't even spring for business/first class, which is 10-20% the cost of a charter. Unless your time is both limited and worth 4 digits per hour, it's not worth it.
- s1gsegv 9mo agoYou might also look at “semi-private” solutions like JSX, if they go where you want to go. Should significantly cut down on the time outside of the flight itself.
- expedition32 9mo agoPrivate jets don't go faster. They can just land closer to your destination and make you skip all the annoying airport stuff.