Passenger Chartered Air Transport Global Market Report 2022 – By Type (Private Charter Services, Business Charter Services), By Size (Light Jets, Mid Sized Jets, Large Jets, Air Liner), By Capacity (Less than 10, 10-100, Greater than 100) – Market Size, Trends, And Global Forecast 2022-2026

Starting Price : $4000.00 | Pages : 175 | Published : April 2022 | SKU CODE : | Delivery Time: 2-3 business days | Format :


The passenger chartered air transport services market consists of sales of passenger chartered air transportation services and related goods by entities (organizations, sole traders, and partnerships) that use aircraft, such as airplanes and helicopters, to provide chartered (non-scheduled) air transportation services for passengers at a toll per mile or hour for the charter of the aircraft. Only goods and services traded between entities or sold to end consumers are included.

The main types of passenger chartered air transport market covered in this report are private charter services and business charter services. The private charter services involve in which an individual can rent an entire aircraft on a commercial airline. It is also segmented by size into light jets, mid-sized jets, large jets, and airliners. The passenger chartered air transport market covered is segmented by capacity into less than 10, 10-100, and greater than 100.

The global passenger chartered air transport market size is expected to grow from $45.07 billion in 2021 to $48.88 billion in 2022 at a compound annual growth rate (CAGR) of 8.4%. The passenger chartered air transport market is then expected to grow to $64.42 billion in 2026 at a CAGR of 7.1%.

The increasing preference for private charters by ultra-high net worth individuals (UHNWI) is expected to drive the global passenger chartered air transport market. Most UHNWI are inclined towards private charters rather than owning jets. In the Asia Pacific, Australia leads the market with 57 charter jets for 27 billionaires followed by Singapore which has 30 charter jets for their 28 billionaires. The prevalence of COVID19 has also supported the growth of the market as the individual’s traveling had to maintain social distancing and the UHNWIs were looking for safe and customized travel options. The growing preference for private charters contributed to the growth of the passenger-chartered air transport market.

Fluctuating fuel prices is expected to hinder the growth of the passenger chartered air transport market. An Increase in fuel price increases the operating costs of charter flights which increases the rental price of charter flights. For instance, in March 2019, jet fuel prices hiked by $64.14 per kilolitre in India which is an increase of 8.15%. Therefore, sudden fluctuations in price are expected to impact the growth of the passenger-chartered air transport market.

A custom luxury vacation tour by chartered jets is a major trend gaining popularity in the global passenger chartered air transport market. People are prioritizing travel, adventures, and unique experiences and private chartered jet services are offering customized tours for a group of travelers for the round-the-world tours as well. For instance, Abercrombie & Kent (A&K), a luxury travel company, that provides round-the-world tours on all-first-class airliners is now offering personalized tours through bizjet for up to 16 passengers.

In March 2020, Wheels Up, a leader in total aviation solutions, acquired Gama Aviation for an undisclosed amount. The acquisition will increase Wheels Up’s fleet with more than 300 planes owned and operated. Gama Aviation is a leading private aviation services company that provides aircraft management, private jet charter, and ancillary support for its managed aircraft.

Major players in the passenger chartered air transport market are Air Charter Service Group Ltd., Air Partner Plc, Asia Jet Partners Ltd., ASIAN SKY GROUP, Delta Private Jets, Inc., Flexjet LLC, Gama Aviation Plc, GlobeAir AG, NetJets Aviation Inc, and XO Global LLC.

North America was the largest region in the passenger chartered air transport market in 2021. Asia Pacific was the second largest region in the chartered passenger air transport services market. The regions covered in the passenger chartered air transportation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the passenger chartered air transport market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA.

The global passenger chartered air transport market is segmented -

1) By Type: Private Charter Services, Business Charter Services

2) By Size: Light Jets; Mid Sized Jets, Large Jets, Air Liner

3) By Capacity: Less than 10, 10-100, Greater than 100

    Table Of Contents

    1. Executive Summary

    2. Passenger Chartered Air Transport Market Characteristics

    3. Passenger Chartered Air Transport Market Trends And Strategies

    4. Impact Of COVID-19 On Passenger Chartered Air Transport

    5. Passenger Chartered Air Transport Market Size And Growth

    5.1. Global Passenger Chartered Air Transport Historic Market, 2016-2021, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Passenger Chartered Air Transport Forecast Market, 2021-2026F, 2031F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Passenger Chartered Air Transport Market Segmentation

    6.1. Global Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Private Charter Services

    Business Charter Services

    6.2. Global Passenger Chartered Air Transport Market, Segmentation By Size, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Light Jets

    Mid Sized Jets

    Large Jets

    Air Liner

    6.3. Global Passenger Chartered Air Transport Market, Segmentation By Capacity, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    Less than 10

    10-100

    Greater than 100

    7. Passenger Chartered Air Transport Market Regional And Country Analysis

    7.1. Global Passenger Chartered Air Transport Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    7.2. Global Passenger Chartered Air Transport Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    8. Asia-Pacific Passenger Chartered Air Transport Market

    8.1. Asia-Pacific Passenger Chartered Air Transport Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    9. China Passenger Chartered Air Transport Market

    9.1. China Passenger Chartered Air Transport Market Overview

    9.2. China Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F,$ Billion

    10. India Passenger Chartered Air Transport Market

    10.1. India Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    11. Japan Passenger Chartered Air Transport Market

    11.1. Japan Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    12. Australia Passenger Chartered Air Transport Market

    12.1. Australia Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    13. Indonesia Passenger Chartered Air Transport Market

    13.1. Indonesia Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    14. South Korea Passenger Chartered Air Transport Market

    14.1. South Korea Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    15. Western Europe Passenger Chartered Air Transport Market

    15.1. Western Europe Passenger Chartered Air Transport Market Overview

    15.2. Western Europe Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    16. UK Passenger Chartered Air Transport Market

    16.1. UK Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    17. Germany Passenger Chartered Air Transport Market

    17.1. Germany Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    18. France Passenger Chartered Air Transport Market

    18.3. France Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    19. Eastern Europe Passenger Chartered Air Transport Market

    19.1. Eastern Europe Passenger Chartered Air Transport Market Overview

    19.2. Eastern Europe Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    20. Russia Passenger Chartered Air Transport Market

    20.1. Russia Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    21. North America Passenger Chartered Air Transport Market

    21.1. North America Passenger Chartered Air Transport Market Overview

    21.2. North America Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    22. USA Passenger Chartered Air Transport Market

    22.1. USA Passenger Chartered Air Transport Market Overview

    22.2. USA Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    23. South America Passenger Chartered Air Transport Market

    23.1. South America Passenger Chartered Air Transport Market Overview

    23.2. South America Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    24. Brazil Passenger Chartered Air Transport Market

    24.1. Brazil Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    25. Middle East Passenger Chartered Air Transport Market

    25.1. Middle East Passenger Chartered Air Transport Market Overview

    25.2. Middle East Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    26. Africa Passenger Chartered Air Transport Market

    26.1. Africa Passenger Chartered Air Transport Market Overview

    26.2. Africa Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion

    27. Passenger Chartered Air Transport Market Competitive Landscape And Company Profiles

    27.1. Passenger Chartered Air Transport Market Competitive Landscape

    27.2. Passenger Chartered Air Transport Market Company Profiles

    27.2.1. Air Charter Service Group Ltd.

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Air Partner Plc

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Asia Jet Partners Ltd.

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. ASIAN SKY GROUP

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Delta Private Jets, Inc.

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    29. Key Mergers And Acquisitions In The Passenger Chartered Air Transport Market

    29. Passenger Chartered Air Transport Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2016-2021, $ Billion
  • Table 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
  • Table 3: Global Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 4: Global Passenger Chartered Air Transport Market, Segmentation By Size, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 5: Global Passenger Chartered Air Transport Market, Segmentation By Capacity, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 6: Global Passenger Chartered Air Transport Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 7: Global Passenger Chartered Air Transport Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 8: Asia-Pacific, Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 9: China, Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 10: India, Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 11: Japan, Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 12: Australia, Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 13: Indonesia, Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 14: South Korea, Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 15: Western Europe, Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 16: UK, Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 17: Germany, Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 18: France, Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 19: Eastern Europe, Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 20: Russia, Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 21: North America, Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 22: USA, Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 23: South America, Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 24: Brazil, Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 25: Middle East, Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 26: Africa, Passenger Chartered Air Transport Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
  • Table 27: Air Charter Service Group Ltd. Financial Performance
  • Table 28: Air Partner Plc Financial Performance
  • Table 29: Asia Jet Partners Ltd. Financial Performance
  • Table 30: ASIAN SKY GROUP Financial Performance
  • Table 31: Delta Private Jets, Inc. Financial Performance

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