By Kyle Patel, Founder and CEO of Bitlux
As a millennial entrepreneur and founder of Bitlux, a private jet charter company, I have witnessed a fascinating shift in the way my generation views and values luxury travel. The days of rigid schedules and long security lines at commercial airports seem like relics of the past, but a necessity and static option for most.
Those that can afford it, are embracing the freedom and flexibility offered by private jet charters. In this era of instant gratification, the concept of “no strings attached” has become a mantra, and private jet charter is at the forefront of this cultural shift.
The new generation of consumers who, seemingly, have a desire for unique experiences and personalized services, is turning to private jet charters to break free from the constraints of conventional travel – again, if they’re positioned to do so. Along with increased demand from younger generations, naturally, we’ve seen a rise in empty-leg hunters, where people are after “cheap” in a rather expensive space. Needless to say, this rarely works out, nor is our business model set to facilitate requests like others in the space, who do handle “cheap.”
No longer bound by fixed schedules and crowded terminals, millennials crave the ability to jet off on their terms, choosing when and where they want to travel without compromise. Only a lucky few can actually do it – and I’d love to see more.
One of the key factors driving millennials towards private jet charters is the seamless and hassle-free booking experience. In an age where smartphones have become extensions of ourselves, the ability to arrange a private jet with just a few taps on a screen, white glove service, and some serious experts on the other side, this aligns perfectly with the preferences of the tech-savvy millennial generation. Bitlux, for instance, has harnessed the power of technology and amazing people to simplify the booking process, reduce incident rates that cause delays, indirectly operate international trips, and so much more that just makes private jet travel accessible and appealing to a broader audience that demands consistency, freedom, and reliability.
Payment flexibility
Moreover, we have been leading the industry in the transactions department by allowing customers to pay with cryptocurrencies. Most crypto users seek a safe, secure, efficient, and convenient payment method, and non-coincidentally, there is an identical expectation for private jet passengers for their travel experience.
Connecting both worlds with the same appeal seems like a no-brainer, so we did it. And we kick butt at doing it.
Millennials are the top crypto users out there. In fact, for Bitlux, 1 in 3 flights have been booked using crypto since our inception with over 750 total live flights, and over 1,500 total flights, dating back to early 2019, with a total revenue of nearly $30m (or currently, ₿ 635). Being around for so long, that number seems low in a bitcoin sense, but just goes to show how far it can take an entire generation. That is pretty big if you ask me…
Something else that I think is pretty cool is the connectivity of the world. While it has its downsides, like being used for the wrong reasons by far too powerful forces; on a personal level it does blur the lines between business and leisure a bit. Private jet charters cater to the dynamic lifestyles of newly accessible work positions, allowing them to seamlessly transition between work and play – whether it’s closing a business deal or escaping for a weekend getaway, private jets provide the versatility needed for the ever-evolving demands of the modern millennial.
Shared experiences over possessions
Furthermore, the millennial mindset values experiences over possessions, and private jet charters offer a unique gateway to unforgettable global experiences. Whether it’s a group trip with friends or a romantic escape, the intimacy and exclusivity of a private jet create memories that resonate far beyond the journey itself. YOLO and we all know it. We’ve seen millennials and new families invest in these shared moments, prioritizing the quality of the experience over traditional markers of status.
In conclusion, the private jet charter industry is witnessing a slow revolution as it captures the attention and loyalty of the millennial generation. With a focus on flexibility and shared experiences, private jet travel has become more than just a mode of transportation; it’s a lifestyle choice that resonates with the values and preferences of the new age of those who can afford it. As the founder of Bitlux, I am excited to be at the forefront of this movement, facilitating it however I can, offering a taste of luxury that comes with no strings attached – just the way millennials like it.
Bitlux delivers various services across the air charter industry, but Executive Travel is closest to heart. Whether you are flying for business or leisure, Bitlux provides a top-tier private jet service that actively exceeds expectations.
