New Pacific Airlines and Elevate Aviation forged a new partnership

The United States dominates the global private jet market, accounting for nearly half (49%) of the total market share

New Pacific Airlines, based in Anchorage, Alaska, and Elevate Aviation Group, headquartered in Miami Beach, Florida, have forged an exclusive partnership aimed at expanding their respective roles and offerings in the private aviation sector. This collaboration, which merges the expertise and resources of both entities, is designed to deliver exceptional service to clients worldwide. Rob McKinney, CEO of New Pacific Airlines, commented on the partnership, stating that at New Pacific Airlines, the people are committed to establishing new benchmarks in aviation services. The partnership will enhance our ability to surpass the expectations of Elevate Aviation Group's clients. By working together, both companies expect to unlock innovative possibilities and redefine the experience for clients in sports, entertainment, corporate travel, and other large group charter sectors.

The private jet charter industry is forecast to grow steadily, reaching $18.35 billion by 2029 from its current valuation of over $11.87 billion. Private jet charters offer several advantages over commercial airlines, including scheduling flexibility, a wide range of destinations, privacy, and increased efficiency for business travelers. This sector caters to discerning travelers seeking luxury experiences, celebrities, business executives, and high-net-worth individuals. The market is fragmented, with numerous charter operators offering varying fleet sizes and service levels. Interestingly, the United States is not only a leader in private jet chartering but also a hub for the design, manufacturing, and maintenance of these aircraft.