Corporate Jet Investor Corporate Jet Investor London 2020
#Investments — 11.02.2020

Corporate Jet Investor London 2020 : the future of business aviation

by Marie-Laure Gassier and Louis-Jérôme Monnier

The business jet industry aligned its commitments on general aviation by reducing its emissions through air traffic management, fuel efficiency and sustainable aviation fuel. Carbon offsetting brings a short-term solution to the carbon neutral growth from 2020 onward.

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CORPORATE JET INVESTOR LONDON 2020

The business jet industry aligned its commitments on general aviation by reducing its emissions through air traffic management, fuel efficiency and sustainable aviation fuel. Carbon offsetting brings a short-term solution to the carbon neutral growth from 2020 onward. Green washing is seen as a threat that must be tackled by more transparency from the industry.

The business aviation fleet should increase by 7,000 aircraft over the next 10 years from the current 22,000. The number of aircraft going to scrap is unclear. It will be ca. 2/3,000 aircraft in the US and will affect mainly old private jets. The US and South East Asia have remained dynamic markets while the China was affected by the US/China trade war, the HK protests and now coronavirus.

Fractional ownership presents a double-digit growth and makes sense to people flying between 50 and 300 hours per year. Above, a full ownership shall be considered while below, chartering fills the gap. Millennials are more keen on fractional ownership with the ability to select the aircraft depending on the flight.

This is our main takeaway from the Corporate Jet Investor, an important conference gathering professionals from the wider business aviation ecosystem, which took place on 03-04 February.

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