Steve VarsanoFounder at The Jet Business

What percentage of people have private jets?

Name: What percentage of people have private jets?
Uploaded: 2024-07-29T20:20:20+00:00
Duration: 55 s
Channel: Steve Varsano
Description: In this brief segment, the speaker provides an overview of the global fleet of corporate/private jets, stating that there are approximately 24,000 jets…

29 Jul 2024 · 1 min

Watch on YouTube

0:55

In this brief segment, the speaker provides an overview of the global fleet of corporate/private jets, stating that there are approximately 24,000 jets worldwide. Of these, about 14,000 (roughly 60%) are based in the United States, with Europe accounting for 15%, and Africa, Asia, and South America each holding about 5% of the fleet. The speaker highlights specific numbers for Mexico and Brazil (each around 1,000 jets) to illustrate regional presence. The discussion then shifts to the convenience of private jet travel in the U.S., noting the extensive network of roughly 5,000 airports that allow seamless door‑to‑door trips without dealing with international borders, currency exchanges, or language barriers, contrasting this with the more complex logistics of private jet travel in regions like Europe.

Chapters

What percentage of people have planes? There's 24,000 corporate jets in the entire world. That's from the smallest tiny, like a Citation, up to a Boeing. Out of those 24,000, 14,000 are in the United States, almost 60%. 15% is in Europe. You have about 5% in Africa, 5% in Asia, 5% in South America. Just like in Mexico alone is 1,000, and just in Brazil is 1,000. So there's huge opportunity. It's not that the companies don't need it, but you're used to getting on a plane and flying anywhere in the United States. It's 5,000 airports that you can land at with your jet. America really is spoiled as far as jet operators because you can really just drive your car up, get in the airplane, go fly to your business meeting, get in your car, come back. Boom, boom, boom. Everywhere else, especially like in London, every place you go you have a different international border you have to go through. You have different currencies, different languages, you have Euro control, and it's just not as easy to travel.