Business aviation travel has gotten very personal during the past several months.
With severely reduced airline schedules and pandemic fears dominating air travel, more HNWI and UHNWI folks are turning to business jets and turboprops to meet their family flying requirements.
The National Air Transportation Association estimates that 90% of today’s turbine aircraft travel is personal, much of it from first time users. And it’s up to their Family Office executives to help them select the safest and most cost-effective option: charter, jet card, fractional, or aircraft ownership.
In It’s a Family Affair, PNC Aviation Finance’s Keith Hayes and PNC Financial Services-Hawthorn’s Alexandre Monnier discuss what Family Offices need to know, to help them manage their clients’ growing use of business aircraft travel – and avoid the illegal options!