Private aviation saw a huge COVID boom and many people who decided to fly private aren’t looking back.
This is a double-edged sword. Private aviation is a complex industry where staying profitable is like walking a tightrope. There are high client expectations counterbalanced by complex machines and operational challenges. There are also plenty of business models which fail to pan out.
More demand is seemingly a good thing but it has also exposed areas of concern. What are some of the biggest issues being exposed in the industry? What do customers need to understand?
In this episode, I’m joined by Doug Golan who is both a preeminent expert on business jets and editor of Private Jet Card Comparisons. We talk about the state of private aviation, and all the complex issues both consumers and providers endure.
There’s a lot of ways to lose money in private aviation. Sometimes it’s a cancellation fee, sometimes it’s the company going out of business. -Doug Gollan
Three Things You’ll Learn In This Episode
-Suffering from success
For private aviation providers, more customers would surely be a good thing, but the reality is a lot more complicated. Why is more business a big concern?
How can private jet card customers protect themselves when the industry is constantly going through changes?
-Empathizing with business aviation
How can customers and providers get on the same page about the difficulties the industry is facing?