Private jet buyers used to be corporate executives in their late 50s to 70s. Now they're 40 to 65 and younger in mindset. The pandemic pushed people to try private aviation for safety and flexibility, and many stayed once they experienced the benefits.
Chapters
The average age of a buyer of an airplane, like the CEO of a company or an entrepreneur-led business, has drastically changed. Not just in the last couple years, but really over the course of the last 20 years. 20, 30 years ago, the average age of a corporate executive that was looking to buy an airplane was probably 55 to 75. And I think now you're probably talking about more of the 40 to 65. Not only just an actual age, but they're much younger in their thinking. They're much more open-minded. And I think So many more people have really felt the amount of time you can manufacture from flying around in a corporate jet. I think at the beginning it was sort of a curiosity, and during COVID it became a necessity because you couldn't fly commercially. Also, there was a safety issue. I think that really brought a lot of people into the world of buying airplanes that never would have contemplated it before. But I think once they got in it, they saw the benefits. They saw the safety, security, the confidentiality, the flexibility, all that kind of stuff. There's no question that the profile of the person is a completely
