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.
WingX’s Global Market Tracker shows private jet flights in Europe rebounded to 85% of 2019 levels so far in July
Who needs the Americans? Not Europe’s private aviation segment, at least not at the moment.
With borders opening across the continent earlier this month, WingX’s weekly Global Market Tracker reports private jet flights in Europe to rebound to 85% of 2019 activity.
“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.
The European Business Aviation Association has published a list of Covid-19 Coronavirus travel restrictions, including those impact private jet travel in Europe
The European Business Aviation Association (EBAA) has launched an EBAA Covid-19 Resource Center.
There is also an extensive list compiled by Cicero/AMO (below map) on the latest measures being taken to tackle the Covid-19 outbreak.
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.