There are roughly 24,000 corporate jets worldwide, with 60% in the United States. Europe has about 15%, the UK around 400. China, despite its size and wealth, has only 430 jets, comparable to the UK alone.
There are 24,000 corporate jets in the world, and about 60% of those are in the United States, which is a big majority of them. In the UK, there's probably only about 400 jets that are owned by a company or registered here in the UK, and it's probably about 15% of the world aircraft are in Europe. And surprisingly, if you look at China, which everybody thinks everybody there has jets, you know, they're up 20% of the world population, or a billion and a half people there, very wealthy, major, major companies. But all of China, including Macau, Hong Kong, Hong Kong and Taiwan, there are only 430 jets in that whole area, which is equivalent to what's in the UK. That's what's amazing.
Steve Varsano has a webinar where he discusses the average age of private jet buyers now🛩️👀
Steve Varsano explains the differences between a private jet and a commercial airline🛩️👀
