July 2021 saw growth in the private jet market pick up significantly, almost reaching 2019 levels in Europe and the USA. Whilst barriers of entry have remained high in private aviation, the world has turned, and more people are putting the benefits of safety ahead of cost savings.
The European market for private charter has grown considerably in the wake of COVID 19, as more people look for safer and more reliable alternatives to commercial flights. As the rules relax around quarantining for those who are fully vaccinated, it is expected for this trend to continue.
As part of Air CM Global’s continued growth, we have formalised a department dedicated to all areas of aircraft acquisitions, complementing our business aviation turnkey solution.
There is much uncertainty around the process of onboarding an aircraft to a company’s Aircraft Operating Certificate (AOC) as every situation is different, and throws up its own considerations. From aircraft size and configuration, to where the aircraft is registered before the purchase, every aircraft’s journey is unique.
The expense of purchasing an aircraft can vary markedly depending on what you are looking to achieve from the addition to your lifestyle. The options available are awe inspiring for the right budget, and honestly, still fantastic for those looking for something a little more practicality driven.
