COVID-19 Freight and Group Charter drive Air Partner Q1 profits

Air Partner hurricane evacuation planning

“Very weak” private jet charters expected to see “some improvement” in the second quarter

U.K.-based Air Partner offered its third COVID-19 Coronavirus update this morning with news of a £6m profit before tax covering February, March, and April, its fiscal first quarter.

On the news, its stock (LON: AIR) was trading at GBX 49.40 midday in London, down from its 52-week high GBX 102.90, but up considerably from a low last month of just GBX 15.33.

Germs On A Plane: Don’t read this unless you can afford to fly by private jet

private jet charter

Private jet companies say the COVID-19 Coronavirus pandemic has generated first-time customers. They may return due to health safety concerns…

It’s not just avoiding fellow passengers in confined spaces of airport terminals and airplanes

A CBC report found nearly half of the surfaces swabbed on airline flights contained levels of bacteria or yeast and mold that could put a person at risk for infection

With no cure or vaccine for the COVID-19 Coronavirus, the private jet industry is expecting (or hoping for) an influx of new customers when the stay-at-home orders expire and hotels and resorts reopen.

Right now many private jet users are grounded with no place to go. However, they apparently want to get back in the air. Research by Private Jet Card Comparisons shows only 3% of subscribers have canceled summer vacations with no plans to reschedule. It’s also expected those who can afford it, will want to maximize their social distancing while traveling for the foreseeable future.

According to Thrillist, “Airplanes are notorious for being giant flying petri dishes. The rush to turn flights around in mere moments, day in and day out, makes them akin to a bath towel you always air-dry but never wash.”

Private aviation is forecast to be down close to 70% this month. Still, that number cloaks a significant portion of flying since the COVID-19 outbreak has been by new customers relocating to second homes or evacuating family members.

Air Partner updates shareholders on Coronavirus COVID-19 actions and impacts

Air Partner

The private jet charter broker and jet card provider provided a wide view of its varied business units

Private jet charter and jet card broker Air Partner, which offers extensive aviation services beyond private flying, updated shareholders earlier today on its approach to the Coronavirus COVID-19 pandemic, including protective actions being taken, current sales and pipeline.

COVID-19 Coronavirus: Your Private Jet travel questions answered

Covid-19 Coronavirus private jet questions and answers

In this article, we deal with questions and answers to consider before calling a private jet broker or operator

With American, Delta, United, Southwest and other airlines cutting flights, if you can afford it, private aviation should be an important part of your emergency preparedness

Most media coverage so far has been about the increase in inquiries. Brokers are reporting huge jumps in the call volume.

Instead of duplicating this coverage, I wanted to answer questions you might have about how you can use private aviation to prepare for possible relocation or emergency business flights.

Flexjet applies MicroShield 360 antimicrobial defense to its fleet

Flexjet

MicroShield 360 provides EPA-registered, FDA-approved antimicrobial coating that is P effective against over 90 pathogens

Flexjet said Constant Aviation is treating its entire fleet of more than 160 aircraft with MicroShield 360 – an antimicrobial shield. Fleetwide application is underway and will be completed in a few days.

Follow Me
Tweet
%d bloggers like this: