Leases start at just one-month instead of the typical 36 months for VistaJet’s Program, its version of a jet card
Many airlines have totally cut or drastically reduced international flights. VistaJet specializes in long-haul and intercontinental private jet flights
The high-end luxury private jet operator is also launching a humanitarian relief plan
VistaJet is launching Dynamic Jet Lease, a new short-term option providing guaranteed access.
Many airlines have been drastically cutting international flights, including grounding all international operations. In other cases, routes that previously had multiple daily nonstop flights are now served only a couple times per week.
VistaJet says the new program offers a short-term lease over one, two or three months. You get a dedicated aircraft and crew positioned at the nearest possible airport to you.
Global Business Travel Association (GBTA) research shows the devastating impact of the Coronavirus pandemic on business travel
54% of respondents expect a permanent change
While research conducted last week by Private Jet Card Comparisons showed 35% of subscribers expect to make critical business trips by private jet in the next 90 to 120 days, research from the Global Business Travel Association paints a much darker picture for the broader travel market.
Nearly three-quarters of respondents (73%) said Covid-19 has had a significant impact on company revenue, with 19% saying it was moderate, and 7% slight. Only 1% said the crisis had no impact at all.
Association of private jet brokers IADA reports 54 used aircraft transactions so far in March despite the Covid-19 Coronavirus crisis
Members of the International Aircraft Dealers Association (IADA) said members completed 54 transactions between for the month as of March 20th. Additionally, there are over 120 aircraft, under contract, subject to closing.
The news comes as the Covid-19 Coronavirus pandemic is playing havoc on the world stock markets with demand for travel in general plummeting.
The world’s largest private jet operator has released a summary of both precautions it is taking as well as current travel restrictions
As more and more airlines cut back on their flight schedules due to government restrictions and plummeting demand, NetJets and other private aviation providers continue to offer critical links in these challenging times.
In an update posted yesterday on its website, the world’s largest private jet operator wrote, “The COVID-19 pandemic has created a constantly changing landscape at NetJets. We will continue to issue operational updates as they become available, but we wanted to take a moment to provide reassurance that we are taking all necessary precautions to mitigate the spread of the virus and continue to keep our owners and our employees safe.”
The European Business Aviation Association has published a list of Covid-19 Coronavirus travel restrictions, including those impact private jet travel in Europe
The European Business Aviation Association (EBAA) has launched an EBAA Covid-19 Resource Center.
There is also an extensive list compiled by Cicero/AMO (below map) on the latest measures being taken to tackle the Covid-19 outbreak.