10.1.2.2Vertical

Cargo Air Charter Services

Companies providing on-demand cargo charter transportation.

Market snapshot

These figures describe Air Charter Services (10.1.2), the segment that Cargo Air Charter Services sits within — not Cargo Air Charter Services on its own.

Market size
~$25B
Growth
~10.8%CAGR (2017–22, nominal)
Companies
~1,700
FragmentationFragmentedEstimate

U.S. Census Bureau 2022 CBP/Economic Census, NAICS 481211 (nonscheduled chartered passenger air transportation); reflects the pandemic-era private-aviation boom.

Business model & economics

Revenue model

Charter, fractional, and jet-card fees

Key economics

Recurring revenue
Moderate

fractional/membership recurring

EBITDA margin
Fleet-utilization- and model-dependent
Capex intensity
High

Characteristics

  • Private jet charter, fractional, and jet-card programs.
  • Pandemic shift to private aviation drove the boom.
  • Structurally larger than pre-pandemic.

Geographic concentration

AlabamaArizonaColoradoFloridaGeorgiaIndianaKansasMaineMassachusettsMinnesotaNew JerseyNorth CarolinaNorth DakotaOklahomaPennsylvaniaSouth DakotaTexasConnecticutMissouriWest VirginiaIllinoisNew MexicoArkansasCaliforniaDelawareDistrict of ColumbiaHawaiiIowaKentuckyMarylandMichiganMississippiMontanaNew YorkOregonTennesseeUtahVirginiaWashingtonWisconsinNebraskaSouth CarolinaIdahoNevadaVermontLouisianaRhode IslandAlaskaWyomingNew HampshireOhio

Air charter is overwhelmingly concentrated in Alaska — where bush aviation is essential transport — with secondary activity in Ohio, Wyoming, and New Hampshire.

AlaskaOhioWyomingNew Hampshire

U.S. Census Bureau — 2022 County Business Patterns (employment by state), NAICS 481211. Concentration shown by location quotient.

M&A deal context

Deal activityModerate

Who’s acquiring

  • Fractional & charter majors
  • PE-backed aviation platforms
  • Operator consolidators

What’s driving deals

  • Fractional/membership-model consolidation.
  • Private-aviation demand normalization.
  • Fleet scale and reliability.

Find Cargo Air Charter Services acquisition targets

Search Acquisera’s index for companies classified under Cargo Air Charter Services (10.1.2.2) and build a targeted deal pipeline.

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