Articles

The industry provides on-demand air travel services using privately owned aircraft.

Demand from domestic business clients is the most reliable segment, as executives require fast and efficient travel for time-sensitive issues.
The industry is expected to enjoy growth as its primary clientele becomes more able to spend on discretionary purchases and premium air travel.
The industry will be pressured to invest in new, expensive jets, leveraging innovations focused on fuel efficiency and emissions control technology.

The industry specializes in the sales of new aircraft and aircraft parts to commercial, freight, and defense customers.

Businesses for end use (51.9% share) and MRO companies (11.1% share) are the largest market segments, as aircraft operators continually invest in new and replacement parts to ensure optimal performance and safety.
Distributors streamline procurement by sourcing parts, ensuring immediate availability of essential components, and managing logistics.
The expansion of e-commerce has improved operational efficiencies, leading to optimization of inventory levels for distributors.

Florida has the highest number of private jet charter operators, with 12.8% of all nationwide businesses.
Florida has the highest business concentration of aircraft parts distributors, accounting for 22.6% of the nation's industry.
The U.S. has over 15,000 private jets, accounting for approximately two-thirds of the global total, highlighting the U.S. as the dominant market.