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Stock impact report

Inside the exclusive world of private jet travel — and the superrich who can afford it [Business Insider]

LPL Financial Holdings Inc. (LPLA) 
Last lpl financial holdings inc. earnings: 4/30 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.lpl.com
and 35% from pre-COVID levels, according to data from aviation intelligence firm WingX. There are several reasons for the increase. Some people got a taste of flying private during the pandemic and don't want to return to commercial travel — once you've flown private, you don't go back — and others are tapping into a growing desire for privacy. Then there's the fact that there are simply more superrich people who can afford it. The number of ultra-high-net-worth individuals — defined as someone worth more than $30 million — has grown more than 70% from 2020 to 2025, according to wealth intelligence firm Altrata. In 2024, that group spent nearly $30 billion on private jets and yachts. Plus, the proliferation of fractional ownership and membership models — think NetJets, Flexjet, and VistaJet — makes private aviation more accessible. "It's not just for people who have made it, it's for people who are making it," Matteo Atti, the CMO of VistaJet's parent company, Vista Global, Show less Read more
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