Even used jets are disappearing from the market.

即使是二手噴氣機也正在從市場上消失。

Yeah we're here at the Dubai airshow where some of the newest and most advanced aircraft are on display for customers and governments from around the world.

是的，我們在迪拜航展上，一些最新和最先進的飛機正在為來自世界各地的客戶和政府進行展示。

This executive jet has a flight time of 16 hours.

這架行政飛機的飛行時間為16小時。

You can fly from Dubai to Hawaii without having to refuel.

你可以從迪拜飛往夏威夷，而無需加油。

The pandemic has converted a lot of travelers to private, flying many for the first time.

這場大流行使很多旅行者轉而使用私人飛機，許多人是第一次飛行。

Yeah.

是的。

Yeah.

是的。

Yeah.

是的。

Yeah but it's not just that there's been a wealth boom especially among the already rich as more companies go public and the stock market hits record highs.

是的，但這不僅僅是財富的繁榮，特別是在已經很富有的人中間，因為有更多的公司上市，股票市場創下歷史新高。

This chart tracks the number of business jet deliveries since the start of 2019.

該圖表追蹤了自2019年年初以來的公務機交付數量。

As I.

正如我。

P.

P.

O.

O.

Activity hit record highs in 2021.

活動在2021年創下歷史新高。

The number of private jets sold spiked along with it analysts tell me a lot of newly listed companies are buying their first company jets but the markets attracting individuals to whether it be an executive startup founder or a lucky crypto investor with their 1st 100 million.

私人飛機的銷售數量隨之激增，分析師告訴我，很多新上市的公司正在購買他們的第一架公司飛機，但市場吸引了個人，無論是高管創業公司的創始人還是幸運的加密貨幣投資者，他們的第一個1億。

Looking for a new toy with a high price tag.

尋找一個價格高昂的新玩具。

This is the decile falcon six X.

這就是十進制獵鷹六X。

The price tag $50 million.

標價5000萬美元。

Mhm.

嗯。

In the US business jet takeoffs and landings are up 40% year on year and are at their highest point since before the 2008 financial crisis partly driven by the pandemic.

在美國，公務機的起飛和降落同比增長了40%，達到了自2008年金融危機前以來的最高點，部分原因是受大流行病的影響。

As big companies expanded private jet privileges for their top executives.

隨著大公司為其高層管理人員擴大私人飛機的特權。

The demand for private air travel has grown so much along with the global supply chain crunch that some customers are turning to the used debt market.

伴隨著全球供應鏈的緊縮，私人航空旅行的需求也在大幅增長，以至於一些客戶開始轉向二手債務市場。

Even then the supply of secondhand private jets is near record lows too.

即便如此，二手私人飛機的供應也接近歷史最低點。

If you look at today compared to 2019, the market has almost exploded means 16% higher in the US25% higher in Europe.

如果你看看今天與2019年相比，市場幾乎爆炸性地意味著在美國高出16%，在歐洲高出25%。

I mean things are really tightened used business jet aircraft inventories, I mean the lowest we've seen in years and yet prices are 20-30% higher.

我的意思是事情真的很緊張，二手公務機的庫存，我的意思是我們多年來看到的最低的，但價格卻高出20-30%。

So it's, it's a really hot market right now.

是以，這是，這是一個非常熱的市場，現在。

This is Embraer's flagship operator 600.

這是巴西航空工業公司的旗艦運營商600。

The price tag of about 24 a half million dollars subject to options.

標價約為2450萬美元，但須有期權。

Let's take a look inside.

讓我們來看看裡面的情況。

Yeah, we've got a mini espresso machine and here where you can keep the crystal First time entrance to the private jet market now make up over 30% of buyers for Brazilian plane maker embraer new buyers account for 34% of deliveries year to date.

是的，我們有一個迷你濃縮咖啡機，在這裡你可以保留水晶 第一次進入私人飛機市場的人現在佔巴西飛機制造商embraer的買家的30%以上，新買家佔迄今為止交付量的34%。

I asked embraer's chief commercial officer Steven Frederick What stood out to him in the market.

我問embraer公司的首席商務官史蒂芬-弗雷德裡克在市場上有什麼突出表現。

The addressable market right now for business jets has expanded the pie has gotten bigger and the result is from continued wealth creation of over 12% when you take a look at the billionaires through the world, but also from What was traditionally been Fortune 100 and large private companies, people are looking at ways to become more productive, more certain in the missions that they have to perform and that's the key right now, is that private aviation business aviation really is a productivity tool And obviously with the longer flights, do you want to take a nap?

現在，公務機的可尋址市場已經擴大，蛋糕已經變大，其結果是，當你看一下全世界的億萬富翁時，持續創造的財富超過12%，但也來自傳統的財富100強和大型私人公司，人們正在尋找方法來提高生產力，更確定他們必須執行的任務，這就是現在的關鍵，就是私人航空公務航空真的是一種生產力工具，顯然，隨著班機的延長，你想打個盹嗎？

You can do that.

你可以做到這一點。

Mhm.

嗯。

Next up is the Bombardier Global 7500 Vista Jets Newest Business Jet vista jet is an on demand charter flight service for customers who want to fly private but can pay by flight hours rather than buying their own jet.

接下來是龐巴迪全球7500型Vista噴氣機最新的商務噴氣機vista噴氣機是一種按需包機服務，為那些想乘坐私人飛機但可以按飛行小時付費而不是購買自己飛機的客戶提供服務。

If you want to take a trip in this plane, it'll cost you roughly $20,000 per hour and you have to buy at least 100 hours per year.

如果你想乘坐這架飛機旅行，每小時大概要花20,000美元，每年至少要買100個小時。

But if you want your own Global 7500 that'll cost you between 70 million and $100 million.

但如果你想擁有自己的環球7500，那將花費你7000萬至1億美元。

Well demand in this industry has been Really off the scale.

那麼這個行業的需求已經真的脫離了規模。

I've been in the industry for 20 years now, I've never seen anything like it and then you have just seen a huge surge of new customers come into the industry and stain and if you want some space from the kids some privacy soundproof doors.

我在這個行業已經有20年了，我從來沒有見過這樣的事情，然後你剛剛看到一個巨大的新客戶湧入這個行業，染色，如果你想從孩子們那裡得到一些空間，一些隱私隔音門。

Now we have a classic supply demand curve.

現在我們有一個典型的供應需求曲線。

This is not enough supply and demand has been skyrocketing.

這是不足夠的供應，需求一直在飆升。

So prices are going up, availability is very, very tight.

是以，價格在上漲，供應非常非常緊張。

The increase in wealth since the pandemic began has been visibly unequal with us billionaires getting approximately 62% richer, gaining more than $1.8 trillion 2020 rising inflation also means prices on just about everything are going up from basic goods to things like airplane parts.

自大流行病開始以來，財富的增長明顯不平等，我們的億萬富翁變得大約62%，獲得了超過1.8萬億美元的收入，2020年通貨膨脹的上升也意味著幾乎所有東西的價格都在上漲，從基本商品到飛機零部件等。

Private jets were a common sight at the recent cop 26 Climate Summit getting heat from environmental activists because private jets carry less people and typically have shorter ranges compared to commercial flights, they have a disproportionate impact on the environment.

在最近的第26屆氣候峰會上，私人飛機是一個常見的景象，受到環保活動家的熱捧，因為私人飛機載人較少，與商業班機相比，航程通常較短，它們對環境的影響不成比例。

A recent report found that private jets are 5-14 times more polluting per passenger than commercial planes.

最近的一份報告發現，私人飛機每個乘客的汙染程度比商業飛機高5-14倍。

Say you want something a little more versatile than your standard executive jet.

假設你想要的東西比你的標準行政飛機更多一點。

This is the Cessna grand caravan E.

這就是賽斯納大篷車E。

X pilots call this the suv of private planes, it can take off from and land on dirt, grass and even water.

X飛行員稱這是私人飛機中的suv，它可以從泥土、草地甚至水面上起飛和降落。

Mhm.

嗯。

Because it's a turbo prop, it actually has greater fuel efficiency for the distances that it travels.

因為它是一個渦輪螺旋槳，它實際上對其行駛的距離具有更大的燃油效率。

More carriers are starting to use sustainable aviation fuel or Saff, which generates 80% less carbon emissions than fossil fuels.

更多的航空公司開始使用可持續航空燃料或Saff，其產生的碳排放量比化石燃料少80%。

But there are challenges to this to those are expensive and hard to get, although right now there's over 20 locations globally where you can get sustainable aviation fuels and you look at companies like netjets And last year they did 2.5 million miles on the Sustainable Aviation Fuel.

但這也有挑戰，因為這些燃料很貴，而且很難得到，儘管現在全球有20多個地方可以得到可持續航空燃料，你看像netjets這樣的公司，去年他們用可持續航空燃料跑了250萬英里。

So I see that as being kind of the next step in sustainability for business aviation followed by new programs, new engines and the continuation of technologies to drive sustainability Around 14 billion liters of staff are in forward purchase agreements and 45 airlines now have experience using them.

是以，我認為這是公務航空可持續發展的下一步，其次是新的項目、新的發動機和繼續推動可持續發展的技術。 大約140億升的工作人員都在遠期購買協議中，現在有45家航空公司有使用這些協議的經驗。

100 million liters of staff will be produced in 2021 according to the a to Embraer says it's using sap among other technologies to meet its goal of being carbon neutral by 2040.

1億升的工作人員將在2021年根據A to Embraer說，它正在使用sap和其他技術來實現其在2040年之前實現碳中和的目標。

What we found is we knew it was good for business to make sure that we had a sustainable product.

我們發現的是，我們知道確保我們有一個可持續的產品對商業是有利的。

It's not just the right thing to do, it's also good for business, it's the right thing to do for the company.

這不僅是正確的事情，也是對企業有利的事情，是對公司有利的事情。

So we'll jet manufacturers ramp up production to meet the demand.

是以，我們將噴氣機制造商加大生產以滿足需求。

Industry forecasts say no in part because of supply chain issues, but also because of the uncertainty about the future of the market.

行業預測說沒有，部分原因是供應鏈問題，但也因為市場未來的不確定性。

The shortage also helps boost their prices.

短缺也有助於提高其價格。

Industry analysts tell me they don't see demand dying down anytime soon.

行業分析師告訴我，他們認為需求不會很快消失。

Even once the pandemic is over, meaning if you think this past time is expensive now, you probably haven't seen anything yet.

甚至一旦大流行病結束，意味著如果你認為這個過去的時間現在很昂貴，你可能還沒有看到什麼。

Mm hmm.

嗯，嗯。

Mhm.

嗯。

Yeah.

是的。

Yeah.

是的。