Latin America and business jets: the regional leaders of 2019

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In this installment we analyze the market in Latin America and executive planes, highlighting regional leaders of 2019 in the region.

Although at a different pace compared to the US and European market, the executive aviation industry in Latin America Has a life of its own, strongly determined by the current economic and political context. However, with the growing impact of technology and the sharing economy, the market is about to change over the next few years, impacting more and more clients, included in Latam.

Coinciding with the largest business aviation event in the region, LABACE 2019, This article analyzes the current state of the executive charter sector in Latin America. Using data collected by one of the leading aircraft charter marketplaces, Flapper, which actively works with numerous operators, from Costa Rica to Brazil.

It is worth noting that not all certified air taxi operators actively rent their aircraft. Many focus exclusively on the offshore market or government contracts and do not rent to third parties. Many private owners certify their aircraft due to tax breaks offered by the government. Therefore, The following list includes all flight operators certified by the Party 135 that have a fleet available for charter.

*Ranking of countries classified according to the number of active air charter operators.

As has been the trend during the last decades, Brazil leads the region in terms of number of operators and aircraft, catapulting it to second place overall in the field. Mexico follows and takes third position, helped in part by its proximity to the northern giant.

After both nations, Although Argentina takes third place in the region in number of operators, Other countries have become more competitive in recent years., as is the case of Peru and Chile. Peru boosted by its economic growth and Chile by the increase in its foreign investment in South America, which increases the demand for applications for express executive charters, one or two days, what could never be achieved with commercial aviation.

While the number of operators is not far from what we normally see in Europe, The use of technologies to increase service accessibility is not a common practice among the main protagonists. Whether due to lack of resources or due to the reactive nature that has characterized this segment in recent decades, where there is a sales team that waits for the customer to call instead of going out to find them and offer their service, Instant booking or quote apps are scarce in the region.

This opportunity was detected in 2016 Paul Malicki, CEO and co-founder of Flapper, the first boutique airline in South America under the crowdsourcing model, who also has the ambitious plan of being the first local marketplace that houses the entire fleet in the region in a single application., which entails knowledge and updated information on the movements of each country, information on local supply and demand and understanding of the economic context, political and social of the area in question.

To the Brazilian rhythm

Within its peculiarities, the absolute market leader concentrates more than 88% of all private flights in the Southeast region, in a radius of 1.000 kilometers from São Paulo. And a high geographic concentration of demand transforms Brazil into a perfect ecosystem for short flights aboard a turboprop..

While Brazil has well segmented aircraft that perform certain types of flights, In other countries the client must settle for “what there is”. Or there are too many turboprop options, perfect for short trips due to their flexibility and low operational costs, but too slow for longer trips, or only availability to charter jets, more efficient for long flights but very expensive for short journeys.

in addition, while Brazil's travel industry is made up of 70% business and 30% placer, something similar to other markets in the world, there are other markets, like the Bahamas in the Caribbean, where pleasure leads demand. For instance, its proximity to Miami (flight time 55 minutes) It is the main engine of your operations, receiving all types of jets at its two main airports. And for those who want to move between the hundreds of islands of the archipelago, can locally lease piston and turboprop aircraft.

Definitely, The number of active operators is a great barometer of the strength of a business aviation market, an indication of how balanced your supply and demand are. Here we describe the ten regional leaders of 2019, But it would not be a surprise if next year a competitive country like Panama or another that benefits from having a neighbor at an economic peak enters the top 10. What would be surprising is if Brazil loses ground at a regional and global level., something unlikely thanks to the increasing levels of accessibility to this market.

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