The private aviation industry is on the brink of a transformation, according to Virtual Hangar. It says that fractional ownership and jet cards are on the wane, and is making use of AI technology to book in charter flights.

The company is introducing a new way to book private jet charter, made possible by proprietary aircraft booking technology, with AI-assisted flight tracking. This intelligent system matches a variety of aircraft traveling empty or in the same direction as your desired route, optimising efficiency and significantly reducing costs. Guests are typically presented with seven or more price-ascending aircraft solutions right in the palm of their hand, ready to book with ease.

Digital platform expansion specialist Sophia Martin says: “Our Flexibility feature pinpoints alternate dates and nearby airports for those seeking even more cost saving.”

With the launch of the new Virtual Hangar app also comes the revolutionary JetEstimate feature, offering transparency and predictability of private jet travel by seamlessly integrating with the platform and leveraging four years of historical data, including past trip bookings and live flight tracking. This tool offers precise flight cost estimates, providing unparalleled transparency and predictability for trips planned well in advance, even during holidays. JetEstimate analyses real-time and historical data to ensure accurate pricing, tailored to your unique travel preferences and revealing the most affordable days of the week.

For those who need to take to the skies at a moment's notice, the Virtual Hangar app offers rapid jet mobilisation with departures available in as little as three hours. In fact, our current record from request to takeoff is just 36 minutes, making private jet travel as instantaneous as hailing a car or ordering food.

On the horizon, Virtual Hangar is set to announce its new aircraft marketplace. This innovative feature, driven by data analytics, is designed to cater to both buyers and sellers, providing a streamlined experience for all involved, and making the process effortless and highly efficient.

With increased volume on the platform, Virtual Hangar will be looking to make strategic acquisitions in the technology sector, positioning itself for further innovation and growth. This move aligns with its ongoing commitment to revolutionising the private aviation industry and enhancing its digital platform.