Magellan Jets President Anthony Tivnan was featured in a November Fortune Magazine piece on the post-pandemic rise of private aviation. The article covers the record-breaking private flight volume seen in October, and highlights the Boston-based private aviation provider as a smaller company well positioned to grow by attracting new customers from other larger and more prominent jet providers who have halted their programs.
Fortune: Private Jet Travel Reaches New Heights As Pandemic Eases
The piece discusses wealthy travelers’ return to private aviation “after a long hiatus during the pandemic,” and describes what has changed across the industry. As Tivnan says in the article, “COVID has changed the narrative around flying private … It’s not about the luxury; it’s about keeping people safe.” The changing landscape also features several private aviation giants forced to suspend or end their jet card and membership programs, leading many customers to seek a new solution with smaller, boutique providers like Magellan. From the article:
NetJets suspended its jet card sales and created a waitlist in August after an earlier price hike failed to curb demand. In 2020, during the darkest days of the pandemic, the company had a 350% rise in new customers compared with the year prior. The company forecasts “sustained demand for the foreseeable future,” according to Patrick Gallagher, president of sales and marketing.
This has opened the door for smaller companies eager to court new customers.
“It’s really a great opportunity to gain loyalty for many years to come,” said Anthony Tivnan, president of broker Magellan Jets. The company’s business from new customers has grown exponentially, as well as with people unable to renew their jet card memberships with competitors.
Also discussed in the piece is Magellan’s new Light Access Card, a non-aircraft-specific addition to its lineup of jet cards. With this new offering, guests have an entry-level opportunity to explore the benefits of jet card ownership with Magellan Jets without locking into one specific jet model.
To learn more about the many ways to fly with Magellan Jets, click here, or call and speak to our private aviation experts today at 877-550-JETS. Click below to read the full Fortune Magazine piece.