Air Charter Service Market Size, Share and COVID-19 Impact Analysis, By Charter Service Type (Private Charter, Business Charter, Cargo Charter, and Others), By Application Type (Passenger, Freight, and Others), By End User Type (Individual, Business, and Government), and Regional Forecast, 2024-2032

The global air charter service market is seeing remarkable growth, with a significant CAGR forecasted throughout the period up to 2032. An air charter service is a private air transportation service that allows individuals and organizations to charter an aircraft or any other air transport for their exclusive use rather than booking a seat on a scheduled commercial airline flight. Unlike regular passenger aircraft, charter aeroplanes do not follow any fixed schedule and provide the freedom to choose departure and arrival timings. Chartering an aircraft offers greater flexibility and customization regarding flight schedules, destinations and the type of aircraft used. The charter services typically provide a wide range of aircraft options like small propeller planes, large executive jets, helicopters and cargo planes. Charter services can be used for various purposes, including business trips, personal travel, emergency medical evacuation, air ambulance, etc.

The air charter service industry has grown significantly in recent years, driven by rising demand from business and leisure travellers for a more convenient and flexible mode of travel. The demand for air charter service industry for companies and individuals who want personalized and efficient travel. The growth in air charter service market is also because of the rising demand for air cargo charter industry. Unlike regular cargo services, which have restrictions on the dimensions and type of cargo, cargo charter facilitates the transportation of goods that are bigger and difficult to fit.

The air charter service has a diverse customer base, including corporate executives, high-net-worth individuals, sports teams, government officials etc. The air charter service also provides a high level of customization, customer-tailored flight schedule timings and destinations and a wide range of aircraft options.

High competition in the air charted service market, the rising cost of fuel and hence air charter service, dearth of safety are some factors that can restrain the growth of the air charted service market.

Key Insights

The report will cover the following key insights:

• The report analyzes a detailed industry overview, including qualitative and quantitative information.


• It analyzes an overview and forecast of the global air charted service market based on various segments.


• The report also analyzes comprehensive PEST analysis for all five regions, i.e. North America, Europe, APAC, rest of the world, after evaluating economic, economic, political and technological factors affecting the impact of the space insurance market in these regions.

Air Charter Service Market Regional Analysis

The North American region is expected to dominate the air charter services market with the highest market share for the forecast period. The growth rate will be quite less in North America. Europe will be second in terms of market share. North America has the highest number of private jets, followed by Europe. This market dominance is attributed to the presence of a large number of high-net-worth individuals, increasing preference for personalized and luxury travel. Asia Pacific is expected to show the highest growth rate because of the large Asian economies such as India, China, and Japan. Owing to factors like an increasing number of businesses and corporates and a growing number of high-net-worth individuals in these countries.

Key Players Covered

• Air Charter Service


• Club One Air


• Vista Jet


• Luxaviation


• Jet Aviation


• Air Partner


• NetJets


• Delta Private Jets


• Lily Jet


• Clay Lacy Aviation


• Solairus Aviation


• Gama Aviation


• Dassault Aviation


• Airshare


• Nutana Aviation


• Others

Air Charter Service Market Segmentation

Key Industry Developments

• In December 2022, EaseMyTrip acquired Gujrat-based Nutana Aviation to diversify its line of business and enter into the air charter service market. Through this acquisition, EaseMyTrip aims to provide charter solutions to its clients by developing a comprehensive travel ecosystem.


• In December 2022, Luxaviation Group, one of the largest business aircraft and helicopter operators, announced a partnership with Hai Au Aviation (HAA), a Thien Minh Group (TMG) subsidiary. The two companies aim to share their expertise in aviation, travel, charter and hospitality service through this partnership.


• In February 2023, Gama Aviation bagged a seven-year helicopter emergency medical services contract from Wales Air Ambulance Charity (WACC). The agreement will commence from 1^st Jan 2024. The contract provides operation and maintenance of the primary fleet of our Airbus H145 emergency medical service (EMS) helicopters.