From SPACs to COVID, Brexit and lawsuits, a Bear’s view of private jet trends

Corporate Jet Investor Town Hall

The former CEO of the Air Charter Association says rosy talk about a private jet boom doesn’t match reality

If you work in private aviation, you might want to leave that bottle of champagne on ice. Former Air Charter Association boss David Edwards says it’s too early to pop the cork despite the tsunami of positive media reports and press releases.

Storm clouds for the private jet rebound?

August 2020 private jet trends

A leading association executive warns the private jet rebound may not be sustainable

As the warm days of summer move the crisp weather of fall, at least one association boss is warning that the private jet rebound could be set to stall.

David Edwards, CEO of the Air Charter Association, a European trade group representing over 250 brokers and operators, said he is concerned about members hyping the nascent private aviation rebound. He pointed specifically to companies talking up increases in call volume to actual purchase levels of private flights.

Deadly Charter Flights: An industry group is expressing concern about illegal charters a week after a troubling report on a 2017 Learjet crash

fe

Football star Emiliano Sala’s death when the Piper Malibu he was flying crashed is raising safety issues days after a report cited pilot qualifications in a 2017 Learjet crash in the U.S.

A letter sent today by BACA, The Air Charter Association (of Europe), to its members is highlighting safety concerns in the sometimes murky world of private jet charter, which includes piston and turboprop aircraft in addition to jets.

This comes days after the National Transportation Safety Board (NTSB) said both pilots in the May 15, 2017 crash of a Learjet 35A during its approach to Teterboro Airport in New Jersey failed to follow company standard operating procedures. Both pilots died and there were no passengers onboard.

Teterboro crash pilot not qualified

%d bloggers like this: