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The conversation covers the top trends from 2025, big dollar amounts in M&A transactions, spicy LinkedIn drama and public conversations, and fractional providers as the biggest winner of 2025. The conversation delves into the rise of fractional ownership as a historic sector that has continued to grow post-COVID, making it a big winner of 2025. It also explores the challenges faced by charter companies, highlighting the potential erosion of the middle market in business aviation. The discussion concludes with predictions for 2026, focusing on the impact of AI on the aviation software industry and the M&A landscape in business aviation. Takeaways Top trends from 2025 Big dollar amounts in M&A transactions Spicy LinkedIn drama and public conversations Fractional providers as the biggest winner of 2025 Fractional ownership is a historic sector that has continued to grow post-COVID, making it a big winner of 2025. Charter companies are facing external pressures and challenges, leading to a potential erosion of the middle market in business aviation. Chapters 00:00 Top Trends from 2025 10:21 Spicy LinkedIn Drama and Public Conversations 21:54 Fractional Providers as the Biggest Winner of 2025 31:11 Challenges Faced by Charter Companies 41:23 Predictions for 2026