Jung Sky private jet charter company was founded in 2010.
Air transport is of course a very quick and convenient way of transporting people, this has been well demonstrated by the record numbers of passengers at Croatian airports and those using Croatia Airlines services, reports Poslovni.hr on October 17, 2017.
But, not everybody travels in large commercial aircraft; for many, private jets are much more convenient. One of the most significant players in this segment in the Croatian market is Jung Sky from Zagreb, which was founded in 2010 by Krešimir Jung and Vedran Jung.
They started off with a panoramic piston aeroplane, and later bought a small jet. Today, they fly with two large Cessna 525A CJ2 jets, which can accommodate up to seven passengers and fly nearly 2,000 kilometres, reaching almost all the destinations in Europe and North Africa.
They also plan to buy a larger jet to accommodate even more passengers. Jung Sky employs 20 people, including nine pilots, and last year’s revenues of 22 million kunas are expected to grow this year to 27 million.
Krešimir Jung, director of the company, says that they are headquartered in Zagreb, but operate across Europe. “Croatian passengers bring us less than 10 percent of the revenue. We mostly work in German, Austrian, French, Italian and other markets,” said Jung, adding that the passenger structure depends on the time of the year. In the summer, they often fly various celebrities, singers who have concerts around the Mediterranean, DJs travelling to festivals in tourist destinations, and Hollywood stars filming in the region. Their summer destinations are most frequently Dubrovnik, Zadar, Split, Tivat, Mikonos, Corfu, Athens. In winter, they mostly fly towards major European business centres.
Jung Sky says that private jets are less and less seen as a luxury and are becoming cost-effective travel option, because the cost of their use is almost identical to the price of business class travel, and sometimes even to the economy class. One hour of flight is charged around 2,000 euros, which means that a “return ticket” to Milan costs around 4,500 euros, and to London twice as much, which is acceptable for a group of managers, for example.
For now, just the whole cabin can be rented and the cost of transportation is not affected by the number of passengers aboard. However, they plan to develop a platform that will allow greater flexibility in general aviation and offer the possibility that more passengers travelling independently to the same destination can use an app to rent out just a part of the jet. According to Jung, such option already exists in some European countries, but their goal is to improve access to such flights. They expect that this service could become operational next year.
Translated from Poslovni.hr
