Could the Uber model close the gap between commercial airlines and private business jets?
LSP Digital researched the chances and expectations for an Uber approach in personal air travel that offers more personal experiences than commercial airlines while being less expensive than exclusive private business jets.
LSP Digital sees substantial opportunities for a new model that closes the gap between commercial airlines and private business jets. Airlines and the business jet industry should embrace this trend and prepare for new forms of air travel.
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Uber model for Business Jets: a new approach for personal air travel?
1. 0
Uber for Business Jets: a new model for personal aviation
Could the Uber model close the gap between commercial airlines and private business jets?
Sources: JETNET iQ market report June 2018, n=2,015 aircraft owners and operators; JETNET iQ 2018, 2018/FAA survey PriJet.com 11/2018
BUSINESS JET OWNERS AND OPERATORS
BELIEVE IN AN UBER MODEL
BUSINESS AIRCRAFTS ARE AN EXPENSIVE,
BUT UNDER-UTILIZED ASSET
18.5%
24.4%
31.4%
13.7%
12.2%
Strongly agree
Strongly disagreeAgree
Disagree Uncertain
I believe that an
“Uber” model for
business aircraft will
be developed within
the next 3 years …
AGREE: 49.9%
16.1% 14.6%
31.8%
28.5%
9.1% I believe that
development of an
“Uber”-style business
model will bring new
customers into
business aviation …
AGREE: 46.4%
Average
flight hours
per day
Average
flight cycles
(start-
landing) per
day
310 67 53 5026
Fixed annual
cost of
business jet
(excluding
depreciation)
46 mins 24h
0.9 8
Crew Miscellaneous
Crew training Insurance
Hangar
$506K
Average
commercial aircraft
FEW FLIGHT HOURS
HIGH FIXED COST
FEW FLIGHTS PER DAY
2. 1
Uber für Business Jets: ein neues Modell für Flugreisen?
Könnte das Uber Modell die Lücke zwischen Airlines und privaten business jets schliessen?
Quellen: JETNET iQ market report June 2018, n=2,015 aircraft owners and operators; JETNET iQ 2018, 2018/FAA survey PriJet.com 11/2018
BUSINESS JET BESITZER UND BETREIBER
GLAUBEN AN EIN UBER MODELL
BUSINESS JETS SIND TEURE, ABER WENIG
GENUTZTE ANLAGEGÜTER
18.5%
24.4%
31.4%
13.7%
12.2%
Stimme sehr zu
Stimme sehr wenig zuStimme zu
Stimme eher nicht zu Unsicher
Ich glaube, dass ein
“Uber” Modell für
Business Jets in den
nächsten 3 Jahren
entwickelt wird….
ZUSTIMMUNG:
49.9%
16.1% 14.6%
31.8%
28.5%
9.1% Ich glaube, dass ein
“Uber” Business
Model neue Kunden
in den Markt für
Business Jet Reisen
bringt …
ZUSTIMMUNG‚:
46.4%
Durch-
schnittliche
Flugstunden
pro Tag
Durch-
schnittliche
Flug-Zyklen
(Start/Landung)
pro Tag
310 67 53 5026
Fixkosten
pro Jahr für
einen
mittleren
Business Jet
(exklusive
Wertverlust/
Abschrei-
bung)
46 min. 24h
0.9 8
Crew Sonstg.
Crew Training Versicherung
Hangar
$506K
Average
commercial aircraft
WENIGE
FLUGSTUNGEN
HOHE FIXKOSTEN
WENIGE FLÜGE PRO
TAG