New research from Tuvoli shows how COVID-19 has altered the travel patterns of private jet users
An analysis of FAA flight data by Tuvoli, a platform that expedites payments between private jet charter brokers and operators, reveals how COVID-19 is impacting where America’s most affluent folks are hanging out, or at least those that use private jets.
Hint: It’s not the big city!
Dallas, Los Angeles, New York, and Denver had the busiest airports for private jets
Teterboro, Las Vegas, and Palm Beach had the biggest drops among the 15 busiest airports
Data from WingX shows Labor Day weekend flights for 2020 were 16.1% below 2019 levels. It was a slight uptick from August but below the 4th of July holiday. During the extended Independence Day weekend, private jet flights were up 5% on a year-over-year basis.
Comparing Sept. 4-7 in 2020 versus Aug. 30-Sept. 2, flights fell from 30,361 to 25,483.
Also, the busiest private jet airports for the holidays
The TRAQPak forecast from Argus indicates a strong start for the new year, at least as it pertains to private aviation flying.
TRAQPak is predicting February to post a yearly gain of 5.9%, while Q1 2020 is anticipated to rise 4.2% year over year.