Facebook
    Trending
    • Four Seasons Chiang Mai: An Idyllic Sanctuary of Lanna Luxury
    • Sea FIRE SALT, Anantara Resort Hua Hin
    • Mister National Universe 2025: A Global Celebration of Excellence in Hua Hin
    • Bangkok Ascends as Gastronomy’s Global Epicenter at World’s 50 Best 2025
    • Navigating Paradise: Thailand’s Rise as Asia’s Premier Yachting Destination
    • VistaJet: Luxury Travel Reimagined for You and Your Pets
    • The Pinnacle of British Opulence: The 2025 Range Rover SV Embodies Uncompromising Luxury and Performance
    • HOME OF THE MONTH – Luxurious 8-Bedroom Villa with Stunning Views of Chaweng Bay, Koh Samui
    View Complete Issue Catalog
    Facebook
    Hot Magazine
    • Home
    • Events
      1. Upcoming Events
        • Hua Hin Events
        • Bangkok Events
      2. Past Events
        • Hua Hin
        • Bangkok
        • Pattaya
        • Phuket
      Featured
      June 27, 2025

      Bangkok Ascends as Gastronomy’s Global Epicenter at World’s 50 Best 2025

      Recent
      June 27, 2025

      Bangkok Ascends as Gastronomy’s Global Epicenter at World’s 50 Best 2025

      May 29, 2025

      A Symphony of Stars: The Reunion 3.0 Delivered Culinary Excellence at Signature Bangkok

      April 28, 2025

      Beach Polo 2025: Asia’s Largest Beach Polo Tournament Returns to Hua Hin

    • Restaurants
      1. Hua Hin Restaurants
      2. Bangkok Restaurants
      Featured
      May 29, 2025

      Nobu Bangkok: A Culinary Ascent Above the City’s Pulse

      Recent
      June 27, 2025

      Sea FIRE SALT, Anantara Resort Hua Hin

      May 29, 2025

      Nobu Bangkok: A Culinary Ascent Above the City’s Pulse

      April 28, 2025

      Crystal Grill House at Asiatique: A Feast for the Senses in Bangkok

    • Yachting
      1. New Yachts For Sale
        • Aquila
        • Beneteau Powerboats
        • Beneteau Sailboats
        • Bluegame
        • CNB Yacht Builders
        • Fairline
        • Lagoon Yachts
        • Sanlorenzo
      2. Pre-Owned Yachts For Sale
      3. Yachting In Hua Hin
      4. Yachting In Pattaya
      5. Yachting In Phuket
      Featured
      June 27, 2025

      Navigating Paradise: Thailand’s Rise as Asia’s Premier Yachting Destination

      Recent
      June 27, 2025

      Navigating Paradise: Thailand’s Rise as Asia’s Premier Yachting Destination

      April 28, 2025

      Singapore Yachting Festival 2025 Concludes with Record Success

      January 27, 2025

      Waves of Luxury: The Thailand International Boat Show 2025

    • Hotels
      1. Bangkok Hotels
      2. Hua Hin Hotels
      3. Pattaya Hotels
      4. Phuket Hotels
      5. Samui Hotels
      6. International Hotels
      Featured
      May 29, 2025

      Avani+ Hua Hin: Where Contemporary Elegance Meets Coastal Escape

      Recent
      June 27, 2025

      Four Seasons Chiang Mai: An Idyllic Sanctuary of Lanna Luxury

      May 29, 2025

      Avani+ Hua Hin: Where Contemporary Elegance Meets Coastal Escape

      April 28, 2025

      A New Crown Jewel: Aman Nai Lert Bangkok Elevates Luxury in Thailand’s Vibrant Capital

    • Faces
    • Places
      Featured
      November 28, 2024

      Discovering Hanoi: A Journey Through Time and Beauty

      Recent
      November 28, 2024

      Discovering Hanoi: A Journey Through Time and Beauty

      October 30, 2024

      Phnom Penh: Cambodia’s Resilient Capital Where Past Meets Present

      August 28, 2024

      Kuala Lumpur: A Vibrant Tapestry of Culture, History, and Modernity

    • Pageantry
    • Property
      1. Home Of The Month
      2. Property News
      3. Featured Developments
      4. Hua Hin’s Best Buys
      Featured
      December 29, 2024

      Asia’s Property Elite Shine at Prestigious PropertyGuruAsia Property Awards Grand Final

      Recent
      June 26, 2025

      HOME OF THE MONTH – Luxurious 8-Bedroom Villa with Stunning Views of Chaweng Bay, Koh Samui

      May 29, 2025

      HOME OF THE MONTH – A Masterpiece of Luxury Living in Bophut Koh Samui

      April 28, 2025

      HOME OF THE MONTH – Luxurious Coastal Living: A Crown Jewel on Phuket’s Skyline

    • More
      1. Aviation
      2. Beauty
      3. Lifestyle
      4. Motoring
      5. Spas
        • Bangkok Spas
        • Hua Hin Spas
      6. Spirits
      7. Style
      Featured
      June 27, 2025

      The Pinnacle of British Opulence: The 2025 Range Rover SV Embodies Uncompromising Luxury and Performance

      Recent
      June 27, 2025

      The Pinnacle of British Opulence: The 2025 Range Rover SV Embodies Uncompromising Luxury and Performance

      May 29, 2025

      The Pinnacle of Innovation: Inside the BYD Yangwang U9’s Tech-Driven Luxury

      April 28, 2025

      Royal Bangkok Symphony Orchestra Triumphs in Historic Russia Debut

    Hot Magazine
    Aviation

    Inside the World of Private Jets

    June 2, 2018Updated:March 10, 20214 Mins Read

    Oprah Winfrey once said, “It’s great to have a private jet.  Anyone who tells you that having your own private jet isn’t great is lying to you.”  Billionaires and Rock Stars, that’s who most of us think of traveling in the ultimate luxury of private jets but studies into the who, what, when and where of private jet use reveal some surprising facts.

    They suggest there’s a new private aviation landscape at work, with chartering private jets, not owning them is becoming the new normal for the world’s super rich.

    Certainly, and not surprisingly, the actual ownership of a private jet is a luxury that comes at a very high price. It’s only an option for the top percent of ultra high net worth individuals, a classification of people whose assets are worth at least $30 million.

    More than one in three (35%) of private jet owners are worth more than a jaw-dropping $500 million, according to the Jet Traveler Report 2018, compiled by Wealth-X and private jet charter company VistaJet. The majority are over 60 and 91% of the group made some or all of their wealth themselves.

    Their top industry? Finance, banking and investment of course: 19% of private jet owners are associated with the economic sector where astronomical pay checks are the norm.

    According to Rolland Vincent of JETNET iQ, a company that analyzes the global jet market, the sales of private jets currently remain relatively flat.  However, that being said, some aircraft manufacturers are flying high with backorders.  Gulfstream, who builds the G650, known as the most exclusive private jet available has an order backlog of approximately $11.5 Billion.

    Just as Uber & Grab have become immensely popular due to their ease of use, jet charter apps and charter websites have caught on with the wealthy elite.  PrivateFly and VistaJet are two companies that have hopped on this trend.  Thanks to their apps and websites clients can book a flight happening next week, tomorrow or even in the next couple of hours. PrivateFly reports that the fastest time from booking inquiry to takeoff in the first quarter of 2018 was a speedy 1 hour, 14 minutes and 39 seconds.

    Geoff Villano, Senior Vice President of Sales and Operations at PrivateFly, recently commented on their clientele saying, “72% of their private jet charter passengers are male, with an average age of 39.

    That’s not a blip: according to the Jet Traveler’s report, the majority of private jet travelers are male — period.

    The stereotype of a rock star sipping champagne on tap might be the exception, not the rule, but the private jet world is far from inclusive.

    According to PrivateFly, based in the UK, the London to Paris trip is there most requested route.  At approximately 1 hour of flight time, the charter on a Cessna Citation CJ2 will set you back around €7,800 or roughly $9,106. In the States in 2017 the most popular route was New York to Washington DC according the Knight Frank’s Wealth Report.

    Popular tourist spots Nice, in the south of France, and Las Vegas, in the United States, are also some of the world’s most popular private jet destinations.

    Here in Thailand, according to Titaree Mahavongsnunt of jet charter company MJets, the most popular domestic destinations are Koh Samui, Chiang Mai and Phuket with the most popular international destinations being Macau, Shanghai, Singapore and Hong Kong.

    The world of private jet travel touches on some fundamental societal inequalities. It’s the realm of the uber rich, and that world is predominantly male.  However, reports suggest the experience is becoming (ever so slightly) more accessible through the rise of booking platforms and that you don’t need to be quite as inordinately wealthy to charter a private jet.

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Let’s Travel, VistaJet

    Personalized Aviation, The G2+ Vision Jet

    The Next Revolution, Electric Flight

    Comments are closed.

    Latest Issue
    Subscribe to Receive Every Month

    Check your inbox or spam folder now to confirm your subscription.

    About
    About

    HOT Magazine is a Thailand based luxury lifestyle magazine connecting with Asia’s wealthy, brand-conscious, high net worth individuals, through their chosen lifestyle activities. These include polo, boating, spas, luxury automobiles and extreme sports. HOT Magazine also spans every relevant luxury segment, such as Travel, Fashion, Art & Design, Food, Shopping, Wine & Spirits. The magazine is rounded out with interesting interviews from the likes of Billionaire Bill Heinecke to Philip B whose hair care products are found in Royal households around the world as well as used by celebrities such as Lady Gaga, Madonna & Sir Richard Branson. Although all materials are published in good faith.

    Recent Posts
    • Four Seasons Chiang Mai: An Idyllic Sanctuary of Lanna Luxury
    • Sea FIRE SALT, Anantara Resort Hua Hin
    • Mister National Universe 2025: A Global Celebration of Excellence in Hua Hin
    • Bangkok Ascends as Gastronomy’s Global Epicenter at World’s 50 Best 2025
    • Navigating Paradise: Thailand’s Rise as Asia’s Premier Yachting Destination
    • VistaJet: Luxury Travel Reimagined for You and Your Pets
    • The Pinnacle of British Opulence: The 2025 Range Rover SV Embodies Uncompromising Luxury and Performance
    Advertise here!
    Sidebar Ad

    Contact Us for ad prices.

    Copyright © Hot Hua Hin 2014 - 2021. Powered by DEEPMIX MEDIA.
    Copyright © Hot Hua Hin 2014 - 2019. Powered by DEEPMIX MEDIA.
    • Home
    • All Issues
    • About
    • Contact

    Type above and press Enter to search. Press Esc to cancel.