The National Business Aviation Association said the 2020 version of its annual conference and exhibition won’t take place due to the COVID-19 Coronavirus pandemic
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.
Data from the internet provider corresponds to other industry tracking reports showing private jet travel bouncing back
Inflight internet provider Gogo Business Aviation says last Thursday the number of daily private jet flights with its inflight connectivity reached 3,039.
Global business aviation is down 58% so far in May compared to a 70% drop in April, according to WingX
Palm Beach International is the world’s busiest airport so far in May
Light Jets and Turboprops are leading the recovery
The glass is getting closer to being half full in business aviation. After a 70% drop in global private aviation in April, private jet flying is down by only 58% through the first 13 days of May. At its nadir, activity was down by around 80%.
The numbers compare favorably to the airlines. Global scheduled passenger flights were down 85% so far this month.
WingX’s weekly Global Market Tracker is showing the glass may indeed be half full for business aviation
Private aviation, just 15% of the global flights at the start of March, now represents 33% of all departures
Pop the champagne! Global business aviation activity was down by 68% for the period April 1st through May 5th, according to WingX’s closely watched weekly Global Market Tracker survey.
Researcher WingX projects business aviation to remain at low levels through month’s end
Just over 26,000 business jet flights operated worldwide in the first two weeks of April 2020, 79% below the same period in 2019, according to WingX’s Global Market Tracker.