Steve Varsano breaks down the aviation market: roughly 24,000 corporate jets, 48,000 military jets, and 24,000 commercial airliners globally. His business sells only corporate jets, divided into small, midsize, and super-midsize categories, skipping commercial airlines and military aircraft entirely.
Chapters
What kind of aircraft are we selling? First of all, there's 3 groups of aviation. There is the commercial airlines, there's the military, and then there's general aviation. General aviation is broken down into a lot of different things. It's agricultural, it's air, sea, and rescue, it's air ambulance, it's disaster relief, it's flight training. And at the bottom of that whole list is the corporate aviation side, because all corporate aviation is not just jets. There's turboprops, there's twin-engine airplanes, and even single-engine airplanes that all are involved in corporate aviation. There's There's corporate jets, which is about 24,000 of them in the world. There's military jets, which there's about twice as many, about 48,000 in the world. And then there's the commercial airliners, which there's another 24,000 in the world. So we're really not focused on the commercial airlines, unless it's converted for VIP configuration like the one I'm sitting in. Or military, we're not involved in those. And we're really in the corporate jet sector. And within the corporate jet sector, it's split up into small, midsize, super midsize,
