Charter & Fractional
Fractional Flights Poised To Climb in 2023
The SherpaReport sees growth in fractional aircraft as the fleet expands, waitlists ease, and more customer-friendly terms emerge.
NetJets Embraer Phenom 300 in front of company hangar
NetJets is expected to grow its fleet to 1,000 aircraft in 2023, according to the SherpaReport. (Photo: NetJets)

Fractional aircraft flights, which reached a new record and surpassed the growth of charter and wholly owned flights last year, are expected to continue an upward trajectory in 2023, according to SherpaReport.

“The next 12 months will continue to be very busy for the fractional market,” said SherpaReport president Nick Copley. “The reasons are multifaceted, but key trends for increased activity relate to a wider variety of aircraft, shorter wait times to gain access to fractional ownership, a more favorable buyer’s market, flexible structures, and an increased focus on sustainability.”

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