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Private jet travel has experienced significant growth in the United States, especially during the COVID-19 pandemic when wealthy individuals opted for private flights to ensure proper social distancing. Although the pandemic resulted in a temporary decrease in overall travel, private jet flights have continued on an upward trend since 2019.
According to Private Jet Card Comparisons, 2024 witnessed over 3 million private jet flights in the US, marking a slight decline from the 3.12 million flights recorded in 2023. This represents a year-over-year decrease of about 1%. Despite this, top private jet providers have maintained a prominent presence in the industry.
NetJets stands out as the largest private jet provider globally. In 2024, the company logged 665,000 flight hours, capturing a 12.70% market share. This reflects a 9.16% increase from 2023's nearly 610,000 flight hours. The company, founded in 1964, pioneered the fractional ownership program in 1987, allowing clients to share aircraft ownership.
