Key insights and market outlook
The recent US government shutdown has caused significant disruptions to commercial flights, leading to a surge in demand for private jet charters. Indonesian conglomerates are among those turning to private aviation, with companies like Flexjet reporting a 42% increase in revenue hours for November 2025 compared to last year. This trend highlights the growing preference for flexible and reliable air travel among high-net-worth individuals and businesses.
The recent US government shutdown has caused over 17,000 flight delays and hundreds of cancellations, prompting Indonesian conglomerates and other high-net-worth individuals to seek alternative travel arrangements. The disruption has led to a significant increase in demand for private jet charters, with companies like Flexjet experiencing a substantial surge in business.
Flexjet, a prominent private jet company, has seen a remarkable 42% increase in revenue hours during the first week of November 2025 compared to the same period last year. October 2025 also showed a notable 23% rise in flight hours compared to the previous year. According to Andrew Collins, CEO of Flexjet, the demand has been particularly high for last-minute bookings, indicating that clients are seeking flexible and reliable travel options amid the commercial flight disruptions.
The increased demand for private jet charters highlights the growing appeal of private aviation among Indonesian conglomerates and other high-net-worth individuals. This trend is likely driven by the need for flexibility, convenience, and reliability in travel arrangements, particularly during times of commercial flight disruptions. As the private aviation market continues to evolve, companies like Flexjet are well-positioned to capitalize on this growing demand.
Increased Demand for Private Jet Charters
Surge in Private Aviation Revenue