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free trade & free markets

A Ride on the Private Side

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If you’d like to catch a flight without the usual delays and post-​911 regulation-​inflicted hassles, used to be you had to own your own plane, charter one, or buy a time share in one.

Now you can use a smartphone app to book a seat on a private jet — just as you use an app to book an Uber driver outside the confines of the hyper-​regulated taxi industry. Sure, private-​jet seats are still pricey. But the New York Times reports that lower-​end bookings are comparable in price to that of first-​class seats on Delta or American.

Private JetNew services find spots for you on planes en route to pick somebody up that would otherwise be empty, or let you subscribe to blocks of time for use on a variety of jets. Result? More and more passengers are able to ride private jets thanks to startups like JetSmarter and Magellan Jets.

Those of us who lack the means to exploit this option-​expanding development should still welcome it as a step in the right direction, away from burdensome regulatory regimes that slow us all down. I doubt we’ll get rid of the regulatory bog at the airport any time soon. After all, we’re still stuck with the government-​subsidized USPS postal monopoly despite the competition in package delivery provided by UPS and FedEx.

But without the pressure and example of such relatively unencumbered alternatives, our situation would be worse; our prospects, dimmer.

This is Common Sense. I’m Paul Jacob.

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