Showing posts with label Air Partner. Show all posts
Showing posts with label Air Partner. Show all posts

Saturday, 17 July 2021

Strong growth for Air Partner's JetCard product.....

Air Partner’s Private Jets business has seen a 56.8% increase in JetCard bookings globally from 1 February to 30 June compared to the same period last year, indicating that leisure travellers are increasingly looking to secure flexible and safe travel now that travel restrictions have been eased. The number of new members is also up 36.8% year-on-year, while customer deposits are up 85.2%.

Highlights:

Global JetCard bookings up 56.8% and number of new members up 36.8% YoY
US bookings up 152.9% YoY and the number of new US JetCard members up 225.0%

UK JetCard bookings up 6.3% and customer deposits up 82.4% YoY, despite downward market trend
This growth has primarily been driven by the strong performance in the US, where the large domestic market has enabled high-net-worth individuals (HNWIs) to continue flying. This has led to a 152.9% year-on-year increase in bookings and 225.0% increase in new JetCard members. The value of JetCard customer deposits in the US is also up 112.8% year on year.

Momentum is starting to build in the UK Private Jets business, with activity now back at pre-COVID levels, and this is expected to continue as the vaccine roll-out drives the return of business and leisure travel. JetCard bookings are up 6.3% and customer deposits are up 82.4% year-on-year, despite the wider downward market trend.