Fractional private jet flights rebound in May

NetJets and Directional’s Flexjet and Flight Options account for 85% of fractional fleet flying, according to Argus Traqpak

There’s a reason for optimism in Ohio this weekend. The state is home to NetJets and Directional Aviation’s Flexjet and Flight Options, which combined account for 85% of North American fractional flight activity.

Possible optimism as forecasters predict private jet travel to drop 67% in April

NBAA cancels 2020 trade show and conference

Argus TRAQPak has revised its previous estimate expecting a 40% to 60% decline downwards

Data from Private Jet Card Comparisons in April shows an increased interest in private aviation membership programs

Signs indicate private aviation may attract new fliers who previously didn’t see the value, but now want to reduce exposure to COVID-19 Coronavirus

Headwinds for business aviation are expected to be even more fierce than predicted just last week. Back then, Argus TRAQPak predicted the private aviation flights in April would be between 40% and 60%.

In an update just released today, its analysts now expect a 67.3% decline this month.

Private Jet flights could drop by 60% in April from COVID-19 Coronavirus impact

NBAA cancels 2020 trade show and conference

Through the first 29 days of March, flying dropped 29.4%

That’s after private flights were only off 5% in the first 10 days of the month

A just-published white paper from Argus TRAQPak shows the dramatic drop in private aviation flights. It also paints a difficult picture looking forward.

Private Jet travel projected to drop 28% in March

May 2020 private jet trends

After February private jet flights dipped, Argus TRAQPak is projecting numbers to plummet in March from COVID-19 Coronavirus

If there was an early March surge in private jet travel, it was lost and more by the end of the month. Argus TRAQPak is expecting flights to drop by 27.8%.

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