Online video and television provider Wrld1/TVnet is launching a network dedicated to private aviation called Jetflites. The network joins the more than 200 forums that Wrld1TVnet has launched covering topics in a variety of industries from music to entertainment to a channel dedicated to Covid.
In moving into the private aviation realm, Nathan Sassover, founder and CEO of Wrld1/TVNet, said, “What we saw was a decentralized but intriguing community that may respond to an online forum and social destination for this highly engaged affinity group."
This is particularly important as Covid “has had and continues to have a profound and continuing impact on the global private aviation market,” Sassover said, noting "TVNET wondered how …perceptions of need and value conjoined with mandatory health and safety priorities could translate to engagement with this rarefied audience.”
Additionally, the company highlighted a snapshot of the business aviation market that includes a forecast 2.5 percent compound annual growth rate through 2026 and continued growth expectations in the charter market, particularly in Asian corridors. In fact, it noted that U.S. owners are now looking to Asia for preowned aircraft as the U.S. has a shortage of supply and pointed to aircraft sales and acquisition firm Jetcraft, which it said has bought up to four aircraft in Hong Kong, Malaysia, and Indonesia.