Overall, private aviation activity in March was up 30% compared to 2020, but down 8% compared to 2019
Business aviation activity surged 30% in March compared to the same period in 2020. However, private jet flights were still 8% down compared to 2019, according to WingX.
The former CEO of the Air Charter Association says rosy talk about a private jet boom doesn’t match reality
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.
Private jets’ share of global fixed-wing flight activity has increased to 19% this year compared to 12% prior to 2020, according to WingX
Private aviation accounted for 19% of all fixed-wing activity so far this year compared with 12% for the same period in 2020, according to WingX. That’s despite a year-to-date decline of 8% for private flying comparing with a 24% dive last year. It also reflects the continued swoon for scheduled airlines.
The combination of new customers and a return of pre-COVID private aviation users could push private jet charter prices higher by the summer
There could be a shortage of private jets available for the charter market by summer. That’s according to the boss of a leading private jet charter and jet card brokerage. Simultaneously, the industry is faced with the welcome but time-consuming task of educating new consumers about the ins and outs of on-demand charter and jet cards.