News Release

New Flight Charters posts 72% increase for October year-over-year, 69% over 2019 as new demand transforms private jet industry

New Flight Charters, a US leader in on-demand private jet charters since 2004, has announced an 72.3% year-over-year increase for October and 68.9% over 2019, more than doubling the industry's increases for October. By comparison the Part 135 charter industry increased 33.0% for October according to TraqPak data released by ARGUS International.

The company attributes its increases in part to its full-industry aircraft availability, not limited by a defined fleet or specific operator arrangements. The full charter industry includes 2,722 charter jets in the U.S., plus 778 executive turboprops for economical regional travel. "When demand is outpacing supply, having wide availability of vetted quality aircraft and operators in every corner of the country for our clients is key," commented New Flight Charters' president, Rick Colson.

Flyers can choose their specific aircraft from an array of options and quotes for each flight, sourced per their own preferences for each trip including size, age, make, ratings and amenities, and pay as they go with no membership fee or advance bulk purchase commitment.

Notably the company received considerable interest from jet card and membership programme fliers, turning from their recent limitations, changing terms and costs. New Flight Charters' best price guarantee remains in place during the industry's record-breaking Fall and holiday seasons.

For October, light jets (+171.4%) and midsize jets (+76.9%) posted the largest increases while super-midsize and heavy jets combined (+10.1%) were more modest, as demand clearly moved up the scale from charter turboprops (-40.0%)

2021 year-to-date also, charter demand has moved generally up the aircraft scale. Light and midsize jets climbed 44.0% and 39,7% respectively, while super-midsize and heavy jets combined climbed a steady 6.5% and while turboprops descended 19.2%.

New Flight Charters has averaged 15.4% annual grown since 2004 with a renowned, long-tenured expert staff and was named to the Inc. 5000 Honor Roll as a fastest growing U.S. company for four separate years.

The company is the most-accredited charter company in the U.S., being a recognised ARGUS-Registered Broker and an approved member of the international Air Charter Association, making it one of only four charter brokerages in the U.S.