Charter & Fractional
Ricci: Capital Influx into Bizav Has Changed Industry
Over the past six years, the influx of capital into business aviation has led to consolidation that has significantly changed the industry.
Over the past six years, the influx of capital into business aviation has led to consolidation that has significantly changed the industry,  Kenn Ricci told attendees yesterday during Corporate Jet Investor Miami. (Photo: Corporate Jet Investor)
Over the past six years, the influx of capital into business aviation has led to consolidation that has significantly changed the industry, Kenn Ricci told attendees yesterday during Corporate Jet Investor Miami. (Photo: Corporate Jet Investor)

The influx of investment capital into the business aviation market has caused major changes to the industry, Directional Aviation principal Kenn Ricci said yesterday at Corporate Jet Investor Miami. According to Ricci, the amount of private aircraft available for nonscheduled commercial operations has increased by approximately 25 percent since 2016, but the amount of operators has begun to decline.