August was another record-breaking month for private jet travel, ranking only behind July as the busiest month since Argus TraqPak has been tracking flights
August private flight activity in North America clocked a 38.7% increase over 2020, good enough to finish as the second busiest month on record, trailing only July 2021. The August activity was 10% higher than 2019’s pre-pandemic private jet flying levels. Total flights were just under the 300,000 mark.
Continue reading “For private jets, August ranked as the 2nd busiest month on record – after July”
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.
Continue reading “Air Partner flies COVID-19 relief charters to 173% profit 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.
Continue reading “COVID-19 Private Jet Trends: More pets, kids, and shorter booking windows”
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.
Continue reading “Global private jet travel has rebounded to 80% of pre-COVID-19 levels in July”