Private Jet Card Comparisons - Know Before You Buy
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Private jet travel continued to rebound in July moving closer to 2019 levels, according to data from Argus.
Still, the numbers may have been slightly disappointing after a fast start when flying over the July 4th holiday spiked above the previous year’s numbers.
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.
Delaware-based Dumont Aviation has received just under $3 million in payroll support as part of the CARES Act. The operator of owned and managed private jets ranks 24th for flight hours in the U.S. among Part 135 and 91k operators, according to Argus data (table below).
Ft. Lauderdale-based XOJET Aviation is the latest of the major private jet charter and fractional share players to have signed an agreement to receive funds as part of the CARES Act. It entered into an agreement with the Treasury Department last month providing $13.1 million.
Consumers are turning to private jets in record numbers as they seek to avoid exposure to the deadly COVID-19 Coronavirus. However, the largest industry conference has been canceled.
