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Private jet activity in the U.S. reached 93% of 2020 levels during the first three weeks of a weather impacted February.
New private jet deliveries dropped by 20.4% from 809 in 2019 to 644 last year. It was the lowest total since 2004, according to the General Aviation Manufacturers Association.
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.
In a letter to President Joseph Biden and Transportation Secretary Peter Buttigieg, National Air Transportation Association CEO Timothy Obitts warned that if domestic travel restrictions are extended to private aviation, it will hamstring the economy.
