Private jet charters left off Federal Excise Tax holiday extension by Congress

FET tax holiday

The 7.5% FET holiday on private jet charters and jet cards is set to expire Dec. 31 and isn’t being extended by Congress in the Consolidated Appropriations Act, 2021

According to an analysis of the 5,593 pages of the House amendment to the Senate amendment of H.R. 133, or the Consolidated Appropriations Act, 2021, there’s good news and bad news.

COVID-19 Private Jet Trends: More pets, kids, and shorter booking windows

PrivateFly

COVID-19 is not only driving new customers, but more pets, kids and shorter lead times for private jet charter bookings, according to PrivateFly

More new customers, more pets, more kids, and shorter lead times for booking private jet charters. The COVID-19 pandemic has had a major impact on who and where for the private jet market, according to PrivateFly’s annual Private Jet Charter Trends 2020 report.

WingX reports November headwinds for the private jet recovery

WingX private jet travel

In November, global private aviation is being hit by lockdowns in Europe and a post-election dip in the United States

Private aviation flights were off 20% year-over-year in the first half of November, according to business aviation tracker WingX. It’s a drop from the minus 15% activity level private flying had settled into since the summer.

NetJets predicts return to 2019 flight levels by 2021 as private aviation bosses offer a bullish outlook

NetJets, Wheels Up, and Sentient Jet execs tell attendees at Corporate Jet Investor Americas 2020 they expect the private jet recovery to continue through next year

Wheels Up, with the second-largest for-hire fleet behind NetJets, says flying is already at pre-COVID levels. Jet card leader Sentient Jet recently restored pre-pandemic budget levels

Airline CEOs continue to say it could take until 2024 or beyond to recover from the COVID-19 downturn. In a parallel universe, the heads of private aviation’s biggest players painted a far different picture. Bosses at NetJets, Wheels Up, and Sentient Jet each offered bullish 2021 forecasts. They were all speaking at Corporate Jet Investor Americas 2020.

B2B poll shows private jet “flying at a relatively healthy level”

AINOnline.com private jet survey

A survey during a recent online seminar hosted by Aviation International News paints an optimistic view for business aviation, says its moderator

More good news for the private jet industry. An online poll during a recent webinar hosted by Aviation International News reveals a “healthy variety of flying taking place,” according to the moderator.

Where are the private jets? Head for the mountains

About us

Wyoming, Montana, Utah and Colorado have seen the smallest decreases in private jet flights so far this year, according to Argus TRAQPak

Just published data from Argus TRAQPak shows if you want to know where all the private jets have gone, head to the mountains. Wyoming, down 5.8%, Montana (-6.7%), Utah (-7.2%), and Colorado (-10.2%) saw the smallest decreases during the first nine months of the year. Arizona performed the best of non-mountain states with an 11.7% decline. Overall, private aviation flights were down 28.1% through the end of August.

New survey provides bullish outlook for Fall private jet travel

private jet travel trends

A survey of new and existing private jet travelers offers an optimistic take on their use of private aviation in the coming months and beyond

88% of new flyers have a positive view of the industry versus 12% neutral and 0% negative

Will the influx of newcomers and those returning to private aviation be enough to offset the expected decline in business travel this Fall?

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