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.
Despite the increase from 70% to 80% of 2019 activity from June to July, the U.S. recovery is hitting headwinds due to Coronavirus related closures
In the world of private aviation or business aviation, as it is often called, most veterans will tell you, “If things are going great, wait a day or two.”
That may or may not be the case, however, aviation analyst WingX says as Europe’s rebound is getting more pronounced, the U.S. is hitting headwinds.
Researcher WingX projects business aviation to remain at low levels through month’s end
Just over 26,000 business jet flights operated worldwide in the first two weeks of April 2020, 79% below the same period in 2019, according to WingX’s Global Market Tracker.
As U.S. private jet travel fell by close to 30%, the COVID-19 Coronavirus pandemic had a big impact on business aviation in Europe
Italy private aviation flights dropped by 70% in March
Business aviation departures from Europe were down by 34% in March 2020 compared to the previous year, according to data supplied by WINGX.
The Germany-based business aviation research firm said there were 17,800 fewer flights flown last month. Like in the U.S., declines have accelerated towards the end of the month. During the final days of March, flying was down close to 50%.