Learn about the global passenger chartered air transport market through The Business Research Company, which provides information on passenger chartered air transport market size, passenger chartered air transport market drivers and restraints, passenger chartered air transport market players, the COVID-19 impact on the passenger chartered air transport market, and more.

The global passenger chartered air transport market size is expected to grow from $45.07 billion in 2021 to $48.88 billion in 2022 at a compound annual growth rate (CAGR) of 8.4%. The passenger chartered air transportation market is then expected to grow to $64.42 billion in 2026 at a CAGR of 7.1%.

The increasing preference for private charters by ultra-high net worth individuals (UHNWI) is expected to drive the global passenger-chartered air transport market.

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The passenger chartered air transport services market consists of sales of passenger chartered air transportation services and related goods by entities (organizations, sole traders, and partnerships) that use aircraft, such as airplanes and helicopters, to provide chartered (non-scheduled) air transportation services for passengers at a toll per mile or hour for the charter of the aircraft. Only goods and services traded between entities or sold to end consumers are included.

Global Passenger Chartered Air Transport Market Segments Include:

By Type: Private Charter Services, Business Charter Services

By Size: Light Jets; Mid Sized Jets, Large Jets, Air Liner

By Capacity: Less than 10, 10-100, Greater than 100.

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the passenger chartered air transport services market in 2021.

A custom luxury vacation tour by chartered jets is a major trend gaining popularity in the global passenger chartered air transport services market. People are prioritizing travel, adventures, and unique experiences and private chartered jet services are offering customized tours for a group of travelers for the round-the-world tours as well.

TBRC’s passenger chartered air transport market report covers:

Major Market Players: Air Charter Service Group Ltd., Air Partner Plc, Asia Jet Partners Ltd., ASIAN SKY GROUP, Delta Private Jets, Inc., Flexjet LLC, Gama Aviation Plc, GlobeAir AG, NetJets Aviation Inc, and XO Global LLC.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)

The Passenger Chartered Air Transport Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides passenger chartered air transport market overviews, analyzes and forecasts market size, share, passenger chartered air transport market players, passenger chartered air transport market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s passenger chartered air transport market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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