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, 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.
Here’s how the U.S., U.K., Canada, Australia, Mexico and other top business aviation markets performed during the coronavirus pandemic
An analysis of private aviation departures from WingX data by Private Jet Card Comparisons reveals a wide disparity in how COVID-19 impacted private jet travel on a country-by-country basis.
There was only one country that saw departures increase during the period and at the bottom of the list, 10 countries saw flying less than 50% of 2019 totals.
Looking at the 50 countries and territories with the most private aviation departures between March and July 2020, Nigeria’s private flights are at 103% of 2019 levels, up 3%.
Still, it was a bumpy ride powered by a 57% increase in flights during July. During the five months of data reviewed, Nigeria’s private aviation departures were ahead of 2019 levels in four months, although April departures dropped 73%.
Health concerns and lower lead price points through private jet membership programs may help boost business aviation
FBOs (private jet terminals) are seeing business down as much as 95%. The overall flight industry was tracking at 80% below 2019 levels in the first two weeks of April. Surprisingly, many in the industry are bullish about recovery.
Private jet companies say the COVID-19 Coronavirus pandemic has generated first-time customers. They may return due to health safety concerns…
It’s not just avoiding fellow passengers in confined spaces of airport terminals and airplanes
A CBC report found nearly half of the surfaces swabbed on airline flights contained levels of bacteria or yeast and mold that could put a person at risk for infection
With no cure or vaccine for the COVID-19 Coronavirus, the private jet industry is expecting (or hoping for) an influx of new customers when the stay-at-home orders expire and hotels and resorts reopen.
Right now many private jet users are grounded with no place to go. However, they apparently want to get back in the air. Research by Private Jet Card Comparisons shows only 3% of subscribers have canceled summer vacations with no plans to reschedule. It’s also expected those who can afford it, will want to maximize their social distancing while traveling for the foreseeable future.
Private aviation is forecast to be down close to 70% this month. Still, that number cloaks a significant portion of flying since the COVID-19 outbreak has been by new customers relocating to second homes or evacuating family members.