Fractional Growth Stats - CitationShares Fastest Growing & Flexjet Losing Ground...
Caught this stat information in AIN Online:
Fractionals Growing at Modest if Not Breakneck Pace
[font=Times New Roman, Times, serif]The fractional aircraft industry continued to grow over the 12 months ending April 30. Shares at the four major providers and 16 regional/local companies tracked by AvData of Wichita increased 7.2 percent, to more than 6,350. During the same period, the combined fleet expanded 5.1 percent, to 832 aircraft. Flexjet alone among the four major providers lost ground during the period. Respective year-over-year share and aircraft fleet growth for the four majors were as follows: NetJets, 7.3 and 5.4 percent; Flight Options, 5.2 and 6.3 percent; Flexjet, -11 and -13.8 percent; and CitationShares, 50 and 33.3 percent. For the regional/local programs, the figures were 53.5 and 24.4 percent. NetJets still dominates the market, holding a 46.5-percent market share, while Cessna/TAG Aviation’s CitationShares continues to be the fastest-growing fractional provider, gaining nearly two percentage points in market share.
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Caught this stat information in AIN Online:
Fractionals Growing at Modest if Not Breakneck Pace
[font=Times New Roman, Times, serif]The fractional aircraft industry continued to grow over the 12 months ending April 30. Shares at the four major providers and 16 regional/local companies tracked by AvData of Wichita increased 7.2 percent, to more than 6,350. During the same period, the combined fleet expanded 5.1 percent, to 832 aircraft. Flexjet alone among the four major providers lost ground during the period. Respective year-over-year share and aircraft fleet growth for the four majors were as follows: NetJets, 7.3 and 5.4 percent; Flight Options, 5.2 and 6.3 percent; Flexjet, -11 and -13.8 percent; and CitationShares, 50 and 33.3 percent. For the regional/local programs, the figures were 53.5 and 24.4 percent. NetJets still dominates the market, holding a 46.5-percent market share, while Cessna/TAG Aviation’s CitationShares continues to be the fastest-growing fractional provider, gaining nearly two percentage points in market share.
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