As Market Watchers Prognosticate
Delays and security rules at the airlines could prove a real boon to the VLJ market. James Coyne, president of the National Air Transportation Association, said charters experienced 20-percent growth since 9/11 and a 20- to 70-percent bump since Aug. 10, when carry-on liquids were banned from airline cabins. Tim Spahr, director of charter sales for Pinnacle Aviation based at Scottsdale (Ariz.) Airport, told the Arizona Republic that sales have jumped 45 percent since the latest rules took effect. "It's incredible," Spahr said. "And we've had a significant number of first-time callers who specifically sight [sic] airport security hassles as the reason for considering charter." AVweb recently discussed the VLJ market with Teal Group analyst Richard Aboulafia. Check out the audiocast online.