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Tech Wealth Boom Drives Younger Clientele Into Private Aviation

Private aviation is undergoing a generational shift as tech-sector wealth creation—fueled by high-profile IPOs including SpaceX's record-breaking $85.5 billion offering—draws younger, first-time buyers. One California aviation broker reports tech clients now account for 75% of its customer base, while Jet Linx posted 70% year-over-year growth through May. Globally, private owner flight activity rose 13.4%, with North America commanding 71% of worldwide business jet movements.

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about 2 months ago

Source: Flying Magazine

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