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Charity begins … in North American skies

Originally published: Corporate Jet Investor, 06 October 2024

So, you’ve just bought your new business jet (cheaper models are available), what next? Many years of safe, secure and luxurious private and business travel for you, your family, friends and business associates. You might also try the charter market. Anything else? The answer for growing numbers of high-net-worth individuals lies in donating flight time to charitable and humanitarian purposes.

According to a recent survey of US family offices commissioned by Airbus Corporate Jets (ACJ), it’s becoming increasingly popular to deploy business aircraft on philanthropic missions. The manufacturer commissioned the independent research company Pureprofile to survey 100 senior executives at large US family offices whose organisation has on average $3.35bn of assets under management. The research was conducted in March 2024.

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