Empty Leg Flight Deals
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A business opportunity exists in the private jet industry around "empty leg" flights - when private jets need to reposition between locations with no passengers. These flights can be booked at steep discounts since the plane is flying anyway.
Key Points:
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Empty Leg Market Size:
- 25-30% of all private jet flights are empty repositioning flights
- Creates opportunity for arbitrage by filling these otherwise empty flights
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How to Access Empty Legs:
- Use websites like Jetly.com to find available empty leg flights
- Call executive airports directly to connect with flight brokers
- Look for last-minute deals when planes need repositioning
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Pricing Examples:
- $15,000 for a 6-person flight from New York to Miami (comparable to first class tickets)
- Typical 65-80% discount off normal private jet prices
- Price is negotiable since plane is flying empty anyway
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Business Model Options:
- Book and resell empty leg inventory
- Create marketplace connecting empty legs with passengers
- Build notification system for specific routes (like existing services that notify of deals)
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Key Advantages:
- No capital needed to own planes
- Leverages existing excess capacity
- Similar model to how Airbnb monetized excess housing capacity
- Provides luxury private jet experience at fraction of normal cost
50:06 - 51:14
Full video: 01:11:34SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.