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If you work in private aviation, you might want to leave that bottle of champagne on ice. Former Air Charter Association boss David Edwards says it’s too early to pop the cork despite the tsunami of positive media reports and press releases.
The number of private jets flights with pets has doubled since the outset of the COVID-19 pandemic. That’s according to Adam Twidell, CEO of jet card and on-demand charter broker PrivateFly.
As the warm days of summer move the crisp weather of fall, at least one association boss is warning that the private jet rebound could be set to stall.
David Edwards, CEO of the Air Charter Association, a European trade group representing over 250 brokers and operators, said he is concerned about members hyping the nascent private aviation rebound. He pointed specifically to companies talking up increases in call volume to actual purchase levels of private flights.
There are signs that private jets will be on the leading edge of business recovery.
Speaking at Corporate Jet Investor’s weekly town hall meeting, Andrew Collins, CEO of Directional Aviation’s Sentient Jet said bookings to cancelations are now running about 10-to-1. It’s a sea change from earlier this month when daily cancelations were outstripping new reservations.