Fractional Ops Stay Heated but Face Trade Uncertainties
Aviation International News (AIN) covered the recent JetNet iQ Summit in Washington, D.C., where PlaneSense president and CEO George Antoniadis participated in an industry panel focused on the challenges facing the fractional ownership market. Antoniadis discussed the company’s continued stability within the fractional sector despite ongoing economic and trade uncertainties affecting the wider industry.
- PlaneSense continues to report consistent activity and demand and pace of growth across its operations.
- Industry figures show a significant 61 percent increase in departures in the segment since 2019, with growth persisting on a year-over-year basis.
- Antoniadis noted an absence of slowdown, describing the market outlook as steady.
- PlaneSense attributes its stable growth to operational efficiency, managing many key functions in-house including maintenance, scheduling, and customer service, which allows the company to remain agile and responsive to market demands.
- PlaneSense has expanded its reach nationally, now serving clients across the United States and steadily increasing its footprint beyond its traditional Northeast base as demand rises.
For additional insights from PlaneSense and the entire JetNet panel, read the full AIN article here.
