Steve VarsanoFounder at The Jet Business

Who buys private jets? #privateaircraft #privatejet #aviation

Name: Who buys private jets? #privateaircraft #privatejet #aviation
Uploaded: 2023-08-10T23:07:22+00:00
Duration: 47 s
Channel: Steve Varsano
Description: This content was created by Steve Varsano. This content was uploaded by Steve Varsano. This is a YouTube video titled 'Who buys private jets…

10 Aug 2023 · 1 min

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This content was created by Steve Varsano. This content was uploaded by Steve Varsano. This is a YouTube video titled 'Who buys private jets? #privateaircraft #privatejet #aviation' (created 2023-08-10) featuring Steve Varsano explaining who buys corporate/private jets. He states about 25% of buyers are first-time purchasers, describes a range of buyer profiles from large corporations with existing fleets to individuals who have never chartered a jet but suddenly need one, and notes social exposure to jets (likening it to boats and cars) influences familiarity.

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I'd say probably 25% of all the people who, or corporations who buy a jet, are first-time buyers. There's no profile, a perfect profile, or 100% profile of a client who is going to buy a jet. Sometimes it's a big major corporation who has multiple jets and have been in aviation for a long time and they've been traveling. On the other end of the spectrum, it could be somebody who has never had a corporate jet before and never even chartered or rented a corporate jet before, but has an instant need for it due to some realignment in their business. So that's not unusual. There is also times where a lot of these individuals and corporate executives hang out with similar kind of people. And it's not unusual for somebody to be flying on a corporate jet and never having to pay for one because they have friends that have it. It's the same thing with the boat. And when you're a youngster, it's the same thing with a car. There's a lot of friends have cars and you've never even driven one before.