US family offices and their use of business aviation
A study commissioned by ACJ
The growth of US family offices and their use of business aviation
In March 2024, Airbus Corporate Jets commissioned research with 100 U.S. family offices, with an average of $3.35 billion in assets under management per organization, to see how they currently use business aviation, and how this is likely to change.
Globally, the number of family offices grew from 1,285 (2019) to 4,592 (2023).
North America remains the region with the largest proportion of family offices in the world, and they have the largest percentage of the sector’s assets under management.
As the family office sector grows, so does its focus on business aviation...