Abstract

The global commercial aviation industry has undergone significant regulatory reform during the last 30 years. This paper explores something of the relationship between air transport liberalization and the growth of private business aviation and suggests that the sector’s development is largely an unintended consequence of the increasingly deregulated operating environment in that it has developed to overcome some of liberalization’s negative impacts, including delays, congestion, and perceptions of poor customer service. We argue that liberalization has created innovative market opportunities for private business aviation and illustrate how the sector’s operating models are facilitating new, as yet largely undocumented, forms of aerial mobility. The paper examines: the advantages of private business aviation over scheduled services; business strategies in the sector, especially the idea of fractional jets; the impact of new technologies, particularly the Very Light Jet (VLJ); and, finally, employs Europe as an example of the spatialities of private business aviation.

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