Amy Wilder is a private pilot with more than two decades of experience as a writer and editor in a career spanning journalism, marketing, and communications. 
She has worked in aviation journalism since 2023, combining a lifelong passion for flight and a love of the aviation community with a penchant for storytelling. As a licensed pilot, she brings firsthand insight to the stories she covers, lending an authentic, on-the-ground perspective to industry coverage.
She holds a Master of Arts in Eastern Classics and a Master of Arts in Liberal Arts, both from St. John&#039;s College in Santa Fe, New Mexico, along with a Bachelor of Fine Arts in Visual Culture.

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Amy Wilder

An $84 trillion generational transfer of wealth, already underway, could push future aircraft buyers toward leasing rather than ownership, largely because of how capital gains taxes apply to owned assets, according to UBS Global Wealth Management chief economist Paul Donovan.
“Do you want to own assets like that, which might be subject to capital gains tax, or do you want to perhaps consider leasing them where capital gains tax does not apply and it comes out of income?” Donovan said today during a JIQ Fireside Chat webinar hosted by Richard Koe, managing director of WingX by JetNet. “All these sorts of questions will start to come in more and more.”
Donovan, who has worked at UBS for 34 years, said the wealth transfer is moving primarily from Baby Boomers to Generation X and older millennials, as well as laterally to surviving spouses. He predicted that within 15 years, women will control a majority of global wealth—a shift he said is likely to produce more research-driven purchase decisions because, in his view, women are less impulsive investors.
The discussion followed JIQ data presented by Koe showing that fractional and charter flying accounted for nearly all of business aviation’s 2026 growth in departures, up 9.9% and 4.3%, respectively, compared with only a 0.6% increase in owner-flown activity. Business aircraft backlogs remain above $60 billion, near decade-high levels, he noted.

Issues regarding financing of aircraft; aviation insurance; tax issues for aircraft operators; new companies and people in the aviation financing and insurance industries.

Great Wealth Transfer Could Reshape Business Aviation Demand to Charter

Younger high-net-worth individuals may shift to charter, avoid capital gains tax burden

UBS chief economist Paul Donovan said in a JIQ Fireside Chat that capital gains tax treatment could push wealth-transfer beneficiaries toward leasing over ownership.

Great Wealth Transfer Could Reshape Air Charter Demand

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