VistaJet notes global private jet travel despite the COVID-19 Coronavirus pandemic

VistaJet

Despite the drop in private jet travel, VistaJet says it is providing flights to those who need its services

Last month VistaJet, a unit of Vista Global Holdings, announced it would offer short-term month-to-month leases as a response to COVID-Coronavirus pandemic.

Germs On A Plane: Don’t read this unless you can afford to fly by private jet

private jet charter

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.

According to Thrillist, “Airplanes are notorious for being giant flying petri dishes. The rush to turn flights around in mere moments, day in and day out, makes them akin to a bath towel you always air-dry but never wash.”

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.

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.

Air Partner provides new investor update

Air Partner

U.S. private jet charters are holding up better than Europe

Air Partner says cargo and repatriation charters are helping offset drops in private jet charter and jet card revenues

Private jet charter, jet card broker and aviation services provider Air Partner provided an update on trading this morning. It covers its new financial year which began February 1, 2020.

Increasing COVID-19 Coronavirus restrictions in Europe likely to impact private jet availability

Private Jet Coronavirus Europe

As airlines reduce flights, it will become more difficult to position pilots on short notice

Like with the airlines, drop in demand due to Coronavirus restrictions is leading some private jet operators to ground aircraft

Both London City Airport and London Heliport have closed for normal private aviation flights

NetJets, VistaJet affirm continued operations in Europe and worldwide

Booking a private jet charter flight in Europe may become more difficult in the coming weeks, especially on short notice. That’s the consensus of several executives from private jet operators and charter brokers who spoke to us. The silver lining is, it’s not a problem yet.

A story last week in Aviation International News was headlined, “BBGA Expects Full Bizav Fleet Grounding Soon in UK.”

How the Covid-19 Coronavirus CARES Act impacts private jet charters and jet cards

private jet charter Covid-19 Coronavirus

The Covid-19 Coronavirus rescue package rescinds 7.5% Federal Excise Tax (FET) for on-demand charters and jet cards

On-demand and jet card charter customers won’t have to pay FET for flights through the end of 2020

Jet card and on-demand charter customers should review invoices to ensure they aren’t being charged the FET

Business aviation in the U.S. is getting some relief as part of the CARES (Coronavirus Aid, Relief, and Economic Security) Act, passed last week by both houses of Congress and signed by President Donald J. Trump.

For consumers, the most noticeable impact is that Part 135 operators (and you) don’t have to pay the 7.5% Federal Excise Tax. The levy applies for domestic flights or flights to and from the U.S. beginning or ending within 225 miles of the border with several exceptions.

VistaJet unveils short-term private jet leases as Covid-19 Coronavirus response

VistaJet

Leases start at just one-month instead of the typical 36 months for VistaJet’s Program, its version of a jet card

Many airlines have totally cut or drastically reduced international flights. VistaJet specializes in long-haul and intercontinental private jet flights

The high-end luxury private jet operator is also launching a humanitarian relief plan

VistaJet is launching Dynamic Jet Lease, a new short-term option providing guaranteed access.

Many airlines have been drastically cutting international flights, including grounding all international operations. In other cases, routes that previously had multiple daily nonstop flights are now served only a couple times per week.

VistaJet says the new program offers a short-term lease over one, two or three months. You get a dedicated aircraft and crew positioned at the nearest possible airport to you.

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