Magellan Jets Projects Continued Revenue Growth

MA- Boston-based Magellan Jets announced the company grew gross revenue to $80 million last year and expects to reach $115 million this year. The company increased jet card revenue by 156 percent in 2021 and increased new customer jet card sales by 38 percent. Magellan Jets was awarded Robb Report’s 2021 “Best of the Best” award for its Explorer membership option which grew revenue by 434% alongside the Premium membership option last year.

Magellan Jets was founded in 2008 as a private aviation solutions provider. The company offers jet card ownership, jet membership, and on-demand charter services. According to the company, Magellan Jets increased sales, marketing, and customer support staff last year while also dedicating investments toward customer access technology. Magellan Jets also expanded its network to help connect guests with experiences in more than 15 countries, 20 private islands, 450 private villas, and 25 luxury hotels across the globe.