Luna Aviation Group has provided a market update on its 2022 performance, which reflects the growth of its LunaJets private jet charter brand fuelled by strong demand from existing, new clients and additional offices.

The group continues to see growth in its various business lines, with revenue up over 45 per cent versus 2021. Despite negative stock market returns, constant rising inflation and the Russian-Ukrainian conflict, the group generated record-breaking revenue for the year.

After a record 2021, LunaJets, the private jet charter division of Luna Aviation Group, exceeded $150 million annual revenue in 2022 for the first time in its history, representing a 40 per cent YoY increase. The number of flights organised generated over 12,000 movements, representing more than one aircraft taking off every hour worldwide. The company welcomed more than 1,250 new clients.

After opening new offices in London, Paris, Riga and Monaco over the past two years, Luna intends to keep expanding in 2023, with upcoming new offices in Zurich and Madrid.

Earlier this month, the group officially opened its Dubai entity in the heart of the prestigious Dubai International Financial Center (DIFC), as part of the continued worldwide expansion and its commitment to the Middle East region.

“I am very excited about the opening of our new office in Dubai. We experienced immense growth in 2022, and it is our first expansion outside Europe,” says MD Alain Leboursier. “It embodies our continued commitment to positioning LunaJets as a true worldwide market leader and closer to our growing clientele in the region. The team is being trained at our Geneva HQ to provide the same service of excellence everywhere in the world.

“Our private jet and commercial divisions are extremely exposed to macro-economic factors, political risks and volatility but we are confident that we can maintain a substantial competitive edge and continue increasing our market share. The group has never been as strong or commercially astute to welcome the changes and challenges of the market.”