5 Business Jet Trends to Watch in 2021
The world of business jet travel is experiencing a paradigm shift, and aviation experts say 2021 will be an exciting year for the industry. As firms and individuals gradually resume business travel, private jets offer a safer and more convenient way to travel. To stay ahead of the curve, here are five business jet trends to watch in 2021:
1. Increased Demand for Smaller Jets
As businesses seek to cut costs and optimize travel expenses, they are opting for smaller jets that offer the same level of luxury and convenience as larger models. The market for light jets and very light jets is expanding, with manufacturers such as Embraer and Honda Aircraft Company introducing new models.
2. Move from Ownership to Chartering
2021 may see a shift in preference towards chartering jets rather than owning them. Owning a private jet can be quite expensive, and chartering offers a more flexible and cost-effective option. The rise of charter marketplaces such as VistaJet and Wheels Up is changing the game, as they provide on-demand access to a range of private jets for businesses and individuals.
3. Focus on Sustainability
As the world becomes more conscious of its environmental impact, the aviation industry is taking steps to reduce carbon emissions. Electric and hybrid-electric jets are slowly entering the market, offering eco-friendly options for individuals and businesses. Major players, such as Gulfstream, are also investing in Sustainable Alternative Jet Fuels (SAJF) made from renewable resources.
4. Technology Advancements
The advent of cutting-edge technology is transforming the aviation industry, and business jet travel is no exception. Advanced avionics and inflight connectivity are becoming standard features, and firms such as Bombardier are exploring Automatic Dependent Surveillance-Broadcast (ADS-B) technology to enhance safety and air traffic management.
5. Customization for Comfort and Convenience
Business jet manufacturers are paying more attention to the customization of their products. From bespoke interiors to tailored services, the emphasis is on personalizing the client experience. Firms such as Airbus Corporate Jets and Boeing Business Jets are offering amenities such as fitness areas, conference rooms, and private bedrooms to meet the needs of their clients.
Conclusion
The business jet industry is experiencing a significant transformation, driven by changing consumer demands and advancements in technology. As we move into 2021, smaller jets, sustainable alternatives, customized services, and flexible chartering options are expected to dominate the market. Keeping an eye on these trends is crucial for anyone looking to stay ahead in the ever-evolving world of luxury aviation.
