The private jet business in the USA is thriving with leaders like NetJets, Wheels Up, VistaJet, Flexjet, and Jet Linx. From celebrity travel to corporate efficiency, discover how private aviation reshapes luxury, convenience, and exclusivity in the skies.
The private jet industry in the United States is a multi-billion-dollar sector that combines luxury, efficiency, and exclusivity. It is the largest private aviation market in the world, responsible for more than 65% of global private jet traffic. From high-net-worth individuals and corporations to celebrities and athletes, private aviation has become the ultimate expression of time-saving convenience and prestige.
This article explores the business of private jets in the U.S., spotlighting the five leading companies—NetJets, Wheels Up, VistaJet, Flexjet, and Jet Linx—while also examining why celebrities and business leaders continue to rent and rely on private air travel.
Private aviation in America surged during the COVID-19 pandemic, as wealthy travelers sought safer alternatives to commercial flights. Even after restrictions eased, demand remained strong, driven by a combination of: Business efficiency – Corporate leaders value the ability to visit multiple cities in a single day. Luxury travel – Celebrities, athletes, and entertainers often require private jets for touring and appearances. Flexibility – Chartering or memberships allow clients to choose aircraft that match specific trip needs. Privacy – For public figures, avoiding commercial terminals is an invaluable perk.
The industry offers multiple business models: on-demand charters, fractional ownership, jet cards/memberships, and outright ownership. Each caters to a different type of client, from occasional travelers to corporations flying weekly.
Founded in 1964 and now owned by Berkshire Hathaway, NetJets is the largest private jet operator in the world. With a fleet of more than 750 aircraft, it specializes in fractional ownership and jet card memberships. NetJets has long been the market leader, offering consistency, global reach, and unparalleled safety standards. It is the preferred choice for corporations and ultra-high-net-worth individuals who value reliability and prestige.
Headquarters: Columbus, Ohio. The largest private jet operator in the world, owned by Berkshire Hathaway. Specializes in fractional ownership, jet cards, and on-demand charter. Fleet: Over 750 aircraft (Light, midsize, super-midsize, large jets).
Fractional Ownership: Clients purchase a share of an aircraft—typically covering 50 to 400 flight hours annually—with access guaranteed within roughly 4 hours’ notice. If a client's assigned jet isn’t available, NetJets provides a similar or larger aircraft at no extra cost. Ownership also entails monthly maintenance fees (minimum 50 hours/year) and per-hour operating charges. Contracts typically span five years.
Jet Cards: For those needing less commitment, pre-paid jet cards (like the Marquis Jet Card) allow buying blocks of flight hours (e.g. 25 hours). Sales paused during peak demand but restarted in early 2023.
Aircraft Management & Charter: Through EJM, NetJets oversees maintenance and charter services. QS Partners handles resale and brokerage of used aircraft.
Fleet Size: As of mid-2024, the U.S. registered fleet contained 668 aircraft of various types—ranging from light jets like Embraer Phenom 300 to long-range Bombardier Globals—including over 750 aircraft globally.
Aircraft Types by Category:
· Light Jets: Embraer Phenom 300/E
· Midsize: Cessna Citation XLS, Sovereign, Latitude
· Long-Range/Ultra-LR: Bombardier Global 5000, 5500, 6000, 7500 (soon to upgrade to Global 8000)
Over 175 new aircraft ordered in a multibillion-dollar spree from 2022–2025, with around 80 delivered in 2022 alone.
New deliveries include Embraer Phenom 300E models (up to 100 units starting 2023). Also, NetJets is converting options to purchase Embraer Praetor 500 jets, with deliveries starting 2025, part of a $5 billion deal.
Added 12 Bombardier Challenger 3500 jets (value of $326.4M), with options to buy up to 232 more (potentially over $6B), deliveries starting mid-2025.
Ongoing partnership with Textron allows NetJets to purchase up to 1,500 more Cessna Citation jets, including models like Citation Ascend starting deliveries in 2025.
Planning to roll out Bombardier Global 8000 jets as fleet replacements/expansions.
Safety & Training: NetJets controls its own fleet’s operation and maintenance. They invest about $83 million annually in crew training and emphasize specialization—pilots focus on single aircraft types to ensure expertise.
Service Excellence: Personalized service is core—from remembering client preferences (like favorite drinks or pet amenities) to anticipating needs without prompting.
Infrastructure Expansion: Building exclusive-use “Service Hubs” and terminals (like in Scottsdale, Bozeman, and near Vail) to streamline client experience.
Carbon Offsetting: Launched the Blue Skies program (global, offset via carbon credits) back in 2008; European operations have been carbon-neutral since 2012; U.S. administrative/training flights began offsetting in 2021.
Sustainable Aviation Fuel (SAF): Partnered with WasteFuel to convert waste into SAF; committed to buying 100 million gallons over 10 years. New biorefinery will produce 30 million gallons annually from a million tons of waste. In Europe, partnered with Air bp to purchase ISCC PLUS-certified SAF.
Electrification: Partnering with Lilium to explore electric vertical takeoff and landing (e-VTOL) aircraft for future zero-emission travel.
NetJets boasts over 7,000 employees and more than 7,000 shareowners, flying approximately 300,000 flights annually.
More than one-third of its Owners have been flying with them for over a decade—a testament to trust and enduring customer relationships.
As the pioneer of fractional ownership, the company remains the leading provider by fleet size, scope, and service offerings.
Launched in 2013, Wheels Up disrupted the market with a membership-based model that provided access without full ownership. Backed by partnerships with Delta Air Lines and celebrity ambassadors, Wheels Up offers both shared and on-demand flights. It has become especially popular among entrepreneurs, executives, and sports figures seeking flexibility.
Headquarters: New York City. Membership-based model with a strong presence in the U.S. market. Offers pay-as-you-go flights, memberships, and shared charter options. Partnerships with Delta Air Lines and sports organizations expanded its visibility.
Founded: 2013 by Kenny Dichter and Bill Allard, Wheels Up launched with a vision to “democratize private flying” via a membership-based model. Headquarters: New York City, operating across the U.S., UK, Germany, and France. Ownership: Delta Air Lines initially took a 20% stake and, in August 2023, acquired a 95% share through a $500M investment to rescue Wheels Up from financial distress.
Wheels Up offers access to private aviation through a flexible and tiered membership structure:
Connect Membership (entry-level): Initiation/Nominal Fee: $2,995 join; $2,495 annual renewal. Offers access to shared flights, shuttle and "hot" (empty-leg) flights. Hourly rate caps: King Air 350i at ~$4,965/hr; larger jets up to ~$12,995/hr
Core Membership: Fees: $17,500 join; $8,500 annual renewal. Includes designated family members, a dedicated account manager, and lifecycle events.
Business Membership: Fees: $29,500 join; $14,500 annual renewal. Covers up to six lead passengers, similar perks to Core membership.
Signature Membership (launched Sept 2025): Benefits: Guaranteed nationwide access and recovery 365 days/yr to premium Phenom 300 and Challenger 300 series jets. Deposit: Minimum $200,000 prepaid. Integrated features with Delta—SkyMiles Diamond status, ability to offset deposit to Delta fares, and up to 20% savings on select Delta trips.
Dynamic Pricing + Caps: Memberships like Core and Business enjoy dynamic pricing subject to availability, discounted by timing, with rate caps ensuring predictability.
Per-Hour Costs: Typical member flight hour rates range: Light jets: $1,400–$4,000/hr, depending on type. Real-time booking, dynamic pricing, and availability tracking via a mobile app. Achieved ~92% booking efficiency across ~50,000 annual flight requests.
Fleet Size: Around 185 aircraft, blending owned and managed jets from its promised fleet.
Aircraft Types: King Air 350i turboprops. Light to large cabin jets (e.g., Citation Excel/XLS, Citation X). Newly acquired Embraer Phenom 300/300E and Bombardier Challenger 300/350.
Fleet Upgrade Strategy: Transitioning from older models to Phenom 300 series and Challenger platforms, reducing average fleet age by ~10 years. As of early 2025, ~25% of the fleet is upgraded, with plans for 44% by year-end. Operational Efficiency: The updated fleet enables better aircraft utilization, reducing costs and enabling more competitive pricing.
Enhanced hybrid travel offering—private and commercial combined, especially useful for "last-mile" private flights in Europe for Delta One passengers.
Loyalty perks: Wheels Up members can earn Delta Medallion status; Diamond/Platinum SkyMiles members earn Wheels Up credits.
Global Charter Expansion: Acquisition of Air Partner (2022) brought access to 7,000 aircraft globally—including seaplanes and helicopters.
Lifestyle & Events (Wheels Down): Member-exclusive experiences—luxury events, sports partnerships, and more—boost retention (up 500 bps when leveraged)
Went public via SPAC in July 2021, valued at ~$2.1B. Financial struggles followed: mounting losses, leadership departures, and the near-delisting led to Delta's rescue in 2023.
2023–2024 Updates: Revenue in 2022: ~$483M; significant member base (~14,000) worth ~$250M. 2023 revenue estimated at ~$792M; still unprofitable with negative marginsGlobalData
Profitability Strategy: Business model restructuring, fleet modernization, and tight partnership with Delta aim to secure operational efficiencies and financial turnaround—targeting $50M in annual cash savings through cost reductions.
Accessible membership tiers lower barriers to entry for private travel. Technologically advanced booking platform. Popular brand image, with ties to celebrities and sports culture.
Market Context: Rising demand as affluent travelers—both leisure and corporate—seek flexible private air travel and alternatives to business class.
Though headquartered in Malta, VistaJet has a strong U.S. presence through XO and VistaJet USA. Its signature feature is a subscription model that provides guaranteed access to a luxury fleet of silver-and-red aircraft. VistaJet positions itself as the go-to service for international travelers, particularly those who demand a consistent, global experience.
Headquarters: Malta (global), but very active in the U.S. through XO and VistaJet USA. Known for subscription and membership models, offering consistency worldwide. Focus on luxury, long-range private travel with a standardized silver-and-red fleet.
Founded in 2004 by Thomas Flohr (originally as Air Executive), beginning operations in 2005. In 2018, Flohr launched Vista Global Holdings in Dubai as a parent group, incorporating VistaJet and other aviation services like XO.
Operates on a subscription-based “pay-for-hours-flown” model, distinct from fractional ownership or ad-hoc charters. Offers clients a “VistaJet Program”, a membership system with guaranteed aircraft availability, no repositioning fees, and global access. Subscription contracts often span three years, providing revenue predictability that informs disciplined fleet and expansion strategies.
Fleet size: About 360 Bombardier aircraft, comprising Global (5000/6000/7500) and Challenger (300/350/605/850) models. VistaJet has the largest Bombardier super-mid to large-jet fleet globally. Operates a floating fleet model—aircraft reposition globally without fixed “home bases,” enabling delivery anywhere within ~24 hours. Global coverage: Flies to over 1,900 airports across 187 countries, with approximately 50–70 flights per day.
2012–2013: Placed orders totalling nearly $8 billion for 142 Global jets and 20 Challenger 350s. 2013–2015: Expanded to the U.S. via Jet Aviation; by 2015, exited the light jet market to focus on Challenger/Global jets.
2016: Moved HQ to Malta and grew fleet to 70+ aircraft. 2017–2019: Surpassed 100,000 flights, eliminated positioning fees, and acquired XOJET and JetSmarter to form the “XO” brand under Vista Global. 2022: Acquired Jet Edge to expand U.S. large-cabin availability, pushing fleet availability toward ~350 aircraft.
2023 Performance: Recorded 17% growth in on-fleet flight hours (~200,000 hours flown); 60% of revenue now from Program subscriptions; 87,000 flights operated, an 18% YoY increase. Completed 93 aircraft refurbishments (bringing total branded “silver & red” jets to 230) and established seven maintenance hubs across the U.S. and Europe.
Luxury & consistency: All aircraft feature hallmark silver-and-red Liveries and luxurious interiors. Cabins offer fine bed linen, cashmere blankets, Christofle silverware, curated libraries, gourmet meals, and a signature wine list.
Exclusive Wellness Program: Available notably on Global 7500 jets, offering in-flight wellness with advanced lighting, cabin pressure control, tailored skincare, nutrition, and luxury service from cabin hosts trained by prestigious institutions. Served elite clientele—corporate executives, celebrities like Charles Leclerc and Taylor Swift, among others. Around 85% of clients are corporate.
Carbon offset programs for Program and on-demand flights since 2020. Fleet optimization reduces repositioning flights; AI-driven route management enhances efficiency, decreasing fuel use (~8% savings per flight). Committed to carbon neutrality by 2025, ahead of industry norms.
Market position (2023): Around 5% global market share; achieved double-digit growth in challenging conditions.
Financial downsides: As of late 2024, cash reserves dropped to $62 million, with total debt of ~$4.5 billion and liabilities exceeding $6 billion. Advance sales of flight hours fell 10.5%. The company is seeking $1 billion in new financing. Competitive frictions: Engaged in a legal dispute with AirX involving allegations of reputation damage and claims worth $422 million.
Based in Cleveland, Flexjet is NetJets’ biggest rival in the fractional ownership space. It emphasizes premium cabin interiors, advanced technology, and luxury experiences. Flexjet caters to clients who want the prestige of ownership but with the cost-sharing benefits of a managed fleet. Its competitive edge lies in personalization and customer service.
Headquarters: Cleveland, Ohio. Major competitor to NetJets, specializing in fractional ownership and leasing. Offers premium cabin designs and luxury-focused services. Strong corporate and HNWI client base.
Founded in 1995 as a division of Bombardier Aerospace, Flexjet introduced the fractional ownership model to the market. Ownership Transition: In 2013, Directional Aviation acquired Flexjet, transforming it into a premium luxury aviation offering. Market Standing: Today, Flexjet is the second-largest private jet operator globally, headquartered in Cleveland, Ohio.
Fractional Ownership Programs: Known as the Access Program, clients purchase equity shares (e.g., ~$1.6M for 50 hours on Praetor aircraft, plus ~$24K monthly). Jet Card: A debit-style offering intended for users flying around 25 hours per year. Red Label by Flexjet: High-end service featuring personalized interiors (LXi Cabin Collection™), dedicated crews per aircraft, and ultra-modern fleet customization. Helicopter Division: Offers fractional ownership, leasing, and on-demand access to owned Sikorsky S-76 helicopters, enabling seamless last-mile connectivity.
Current Fleet: Exceeds 300 aircraft as of early 2025, including models like Gulfstream G450/G650, Embraer Phenom 300, Praetor 500/600, and Bombardier Challenger 350/3500. Major Aircraft Order: In February 2025, Flexjet placed a $7 billion firm order with Embraer for 182 jets (Phenom 300E, Praetor 500, Praetor 600) plus options for 30 more—a record-setting deal. Growth Goals: The fleet is projected to double to around 600 aircraft by 2031. Fleet Modernization: Introduces new-generation mid- and super-midsize aircraft in North America like Praetor 600 and Challenger 3500.
In-House MRO: Acquired Constant Aviation in 2023, becoming the only operator with a fully integrated Maintenance, Repair, Overhaul (MRO) network. Maintenance Scale: Boasts the largest in-house maintenance network globally—1,500 techs, 2.4M ft² of hangar space, mobile response teams across North America and Europe. Private Terminals: Operates exclusive owner terminals in key locations (e.g., Naples, West Palm Beach, Teterboro, Dallas, Van Nuys), with expansion into London Farnborough planned in 2026. Global HQ: Opened a $50M global headquarters in Cleveland in 2023 to centralize operations.
Safety Excellence: Holds over 26 FAA Diamond Awards, ARG/US Platinum Safety Rating, 4AIR Bronze Sustainability Rating, and IS-BAO Stage 2 certification. Long-Term Profitability: Profitable for 15+ consecutive years, emphasizing disciplined fiscal management without heavy leveraging. Employee Culture: Over 4,000 employees worldwide; a deep-rooted service culture rooted in long-term relationships, attention to detail, and strong leadership.
In mid-2025, secured an $800 million equity investment, led by L Catterton (LVMH affiliate), to expand fleet, infrastructure, and services. Valued at about $4 billion. 2024 revenue surged to $2.6 billion, a 50% increase since 2021; EBITDA reached $390 million.
LXi Cabin Collection™: Offers over 50 high-end interior designs crafted by renowned designers. FXLUXE Travel Guides: Curated travel experiences to destinations like Galápagos, Lake Como, and Marrakech, blending bespoke travel planning with aviation. With Riva Yachts (Ferretti Group), offering VIP access, style crossovers, and yacht-jet integration. With high-luxury brands like Bentley Motors, Belmond (LVMH), and others, reinforcing Flexjet’s luxury positioning.
Founded in 1999 in Omaha, Jet Linx takes a local-first approach. Instead of a floating fleet, it operates from more than 20 private base terminals across the U.S., giving clients personal connections with local crews and staff. Jet Linx offers jet card memberships, a 90-day access card, and joint ownership programs, appealing to clients who value both flexibility and personalized service.
Headquarters: Omaha, Nebraska. Unique localized base model: clients are served from private terminals in various U.S. cities. Offers jet cards, aircraft management, and charter services. Focused on personalized services and community feel.
Established in 1999 by Denny Walker in Omaha, prompted by a desire to elevate private travel service beyond impersonal, floating-fleet models. Unlike competitors, Jet Linx emphasizes a local, personalized experience—clients work with the same local team, fly from dedicated private terminals, and consistently use familiar aircraft and crew. This model centers on localized operations: local pilots, private terminals, and client relations teams that cultivate trust and custom service.
Fleet: Over 100 aircraft across the U.S. Bases: More than 20 private terminal locations, spanning regions like the Midwest, Northeast, Southeast, Southwest, and West. Operations: Supported by a National Operations Center (NOC) that aligns with local bases to ensure seamless coordination.
Jet Linx places safety at the forefront; it's recognized with top industry credentials: ARGUS Platinum Elite. WYVERN Wingman PRO. IS-BAO Stage 3. Pilots are trained via FlightSafety International or CAE, reflecting rigorous standards.
Jet Linx offers flexible membership models designed for different levels of commitment:
Executive Jet Card. Deposits: $150,000 (with $10,000 initiation fee; $5,000 renewal). $250,000 (initiation $5,000; renewal $5,000). $500,000 or $1M (initiation and renewal waived at highest tier)
Benefits: Fixed hourly rates across light to heavy jets. 365-day guaranteed availability and locked rates for 12 months. No peak travel fees. Recovery aircraft guaranteed if mechanical issues arise. Discounts for long-haul trips (15% for 4+ hours; 25% for 5+ hours). Round-trip efficiency discounts of 15%. Complimentary Wi-Fi on Super Midsize and Heavy Jets. Pets fly free, and enclosed lavatories guaranteed. Cabin hosts on heavy jets, plus full support via local Client Relations teams
Club Jet Card: Fees: $17,500 initiation; $7,500 renewal. Similar benefits to Executive tier, with fixed rates, guaranteed availability, complimentary Wi-Fi, and other perks outlined above. It also accommodates up to six authorized users.
90-Day Access Card (launched late 2024): Enables up to six users to access the full fleet and Jet Card benefits for 90 days—ideal for short-term users or those testing the service. It includes guaranteed hourly rates, no peak travel surcharges, and complimentary Wi-Fi on eligible jets.
In 2023, Jet Linx rolled out a revamped Jet Card program across the nation: Lower initiation and renewal fees. Shorter minimum booking windows. Full national coverage with consistent terms regardless of origin. Expanded service into Mexico, the Caribbean, Canada, and international destinations with moderate surcharge structures. Reduced “peak days” with minimized scheduling flexibility requirements
Introduced in 2021, this program enables clients to co-own aircraft (shared ownership), leveraging Jet Linx’s purchasing power and infrastructure. Offers ownership benefits—purchase, crew, maintenance, operations—at roughly 50% the cost, plus revenue potential via charter usage when not flying personally.
Since November 2024, complimentary in-flight Wi-Fi is guaranteed on all Super Midsize and Heavy Jet flights—covering over half of the fleet. Also introduced token fuel optimization programs yielding ~30% savings, and continues adding newer jet models to the managed fleet, including Citation Latitude, CJ4, XLS+, and Falcon 7X.
Jet Linx was awarded the 2024 Luxury Lifestyle Award for Best Luxury Private Jet Services in the U.S.—a testament to its premium, personalized approach. Clients highlight the local, trust-centered model. One testimonial emphasizes:
“It’s a trust issue. Having a team that has a local presence is very, very important. Jet Linx is first class from beginning to end.”
Beyond corporations and entrepreneurs, celebrities and athletes are among the most visible users of private jets. Their reasons are clear: Time savings during busy tour or filming schedules. Privacy away from paparazzi and fans. Comfort for long-distance or multi-stop travel. Flexibility in choosing aircraft for different needs.
Notable Celebrities Who Regularly Use Private Jets
· Taylor Swift – tours and appearances. Frequently uses private jets for tours and appearances (her jet travel has been in headlines due to emissions debates).
· Kylie Jenner – personal and business travel. Famously took short private jet flights in California; owns a Bombardier Global 7500.
· Kim Kardashian & the Kardashian-Jenner family – Regular users of charter and owned jets (Kim reportedly owns a custom Gulfstream G650ER).
· Beyoncé & Jay-Z – long-distance family and work commitments. Beyoncé & Jay-Z – Often rent or use their owned Gulfstream jet for tours and family travel.
· Drake – uses both charters and his “Air Drake” 767. Drake – Flies on “Air Drake,” a Boeing 767 provided through a partnership, but also uses charters for shorter hops.
· Justin Bieber & Rihanna – tour-related travel. Known for private jet rentals for both personal and tour-related trips.
· Rihanna – Uses charters for concerts, business, and vacations.
· LeBron James – frequent charters for games and personal trips. Charters jets for NBA games, events, and family trips.
· Tom Brady – Frequently rents or uses private jets for team travel and personal life.
· Tiger Woods – long known for flying privately between tournaments. A well-known private jet user on the PGA Tour.
These high-profile travelers often rely on charter services from companies like NetJets, Wheels Up, VistaJet, and Jet Linx. Their association with private aviation also helps these brands market exclusivity to new clients.
Flexibility: Renting/chartering lets them choose the right jet for the trip (short-haul vs. long-haul). Convenience: No need to manage crew, hangar, and maintenance. Privacy: Discretion for quick trips without paparazzi. Touring Schedules: Musicians and athletes often need different sizes of jets, depending on crew or family.
The private jet sector continues to evolve with new opportunities and obstacles: Digital booking platforms like XO and Wheels Up apps make flying privately as easy as hailing a car service. Empty leg flights allow cost-conscious travelers to access private jets at discounted rates. Sustainability pressures are pushing companies to adopt sustainable aviation fuels (SAF) and explore electric or hybrid aircraft. High operating costs (crew, fuel, maintenance) remain a challenge, along with a growing pilot shortage.
Digital Platforms & Apps: Easier booking via apps like XO, Wheels Up, and JetSmarter (before being acquired). Shared Private Jets / Empty Leg Flights: Discounted flights on repositioning routes.
Sustainability & Green Aviation: Push for sustainable aviation fuel (SAF). Electric and hybrid private jets in development (companies like Joby Aviation, Lilium).
Luxury + Business Integration: Customized interiors, in-flight offices, wellness features.
Consolidation: Smaller operators merging or being acquired by global players.
Despite these hurdles, demand remains strong, especially among high-net-worth individuals, corporations, and entertainers who see private aviation as not just luxury, but necessity.
Challenges
· High Operating Costs: Fuel, maintenance, pilot shortages.
· Regulation & Compliance: FAA regulations, pilot licensing, air traffic control.
· Environmental Concerns: Criticism over carbon emissions; pressure for greener solutions.
· Competition: From luxury commercial first-class and new air mobility startups.
The private jet business in the U.S. is a sophisticated ecosystem that blends luxury travel, business efficiency, and lifestyle branding. Market leaders like NetJets, Wheels Up, VistaJet, Flexjet, and Jet Linx dominate with tailored offerings, from fractional ownership to jet cards and flexible memberships.
At the same time, celebrity culture continues to highlight private jets as a status symbol, reinforcing their place at the intersection of wealth, exclusivity, and convenience. Looking ahead, innovation and sustainability will shape the industry, but one thing is certain: in the U.S., private aviation is not slowing down anytime soon.