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Business Air News Bulletin
Business Air News Bulletin
The monthly news publication for aviation professionals.

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LunaJets

Charter Brokers

BAN's World Gazetteer

Switzerland
The monthly news publication for aviation professionals.

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LunaJets surprised by buoyancy of charter market
LunaJets' business activity has doubled compared to April 2019. It generated over 600 movements including long haul flights in Asia, Africa and the Indian Ocean where clients struggled to find commercial solutions.
Alain Leboursier expects LunaJets' market share to increase.

Last September LunaJets, the Geneva-headquartered private jet charter solutions provider, had a bleak view on the state of the charter market. According to its latest figures however, its predictions turned out to be pessimistic.

"We concluded 2020 with the best performance in our 14-year history, mainly fuelled by an all-time high fourth quarter," notes MD Alain Leboursier. “Overall, the group experienced a record year with revenues up over 30 per cent, thus ratifying our ability to gain market share and seize opportunities in these challenging times."

Regarding its private jet charter segment, LunaJets experienced another record start for 2021; this activity is 20 per cent above pre-COVID-19 levels. It is by far its best start to a year and particularly unexpected considering the volatility in the market as both its regular business and private clients have dramatically reduced their travel activity.

LunaJets has had a record number of new clients and increased demand for longer trips and on larger aircraft. Its target is to reach the 1,000 new clients milestone this year fuelled by a global expansion strategy with new offices in Paris, London and Monaco, aligned with continued investment in technology and marketing.

In April alone, the company's business activity has doubled compared to April 2019. It generated over 600 flight movements including long haul flights in Asia, Africa and the Indian Ocean where clients struggling to find commercial solutions turned to charter.

Clients are also benefiting from its aggressive pricing due to its business volume with the worldwide jet operators.

"As we see our existing clients starting to fly again and new clients taking off, we are expecting a very strong summer in 2021. We also foresee gains in market share as more clients grasp the importance of our market impartiality and independent advice when booking a private jet,” concludes Leboursier.

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