Analyst Canaccord Genuity restores “buy” recommendation for Air Partner
Air Partner said it is announcing today an update to shareholders, including details of its dividend policy. The move reaffirms its previously reported update from January. That called for a profit before tax of no less than £11.5 million for the year ended 31 January 2021. That compares to £4.2 million from the previous year, a 173% gain.
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.