While private jet traffic is at 74% of 2019 levels compared to 15% for the airlines, inside the numbers are big differences
The rebound of private jet travel from the depths of the COVID-19 Coronavirus pandemic has been one of the very few bright spots across the travel industry.
While data from the TSA shows passenger levels for the airlines are still off by around 85%, private jet flights have recovered to 74% of 2019 levels, according to WingX.
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.
Jet card and private jet charter broker ExpertJet is providing enhanced cleaning and pre-flight crew quarantine options for customers
Florida-based on-demand and jet card charter broker ExpertJet is unveiling incremental COVID-19 Coronavirus prevention options for travelers who want additional levels of safety.
Health concerns and lower lead price points through private jet membership programs may help boost business aviation
FBOs (private jet terminals) are seeing business down as much as 95%. The overall flight industry was tracking at 80% below 2019 levels in the first two weeks of April. Surprisingly, many in the industry are bullish about recovery.
The Berkshire Hathaway fractional jet operator affirmed it does not need government aid
In a letter to NetJets owners sent earlier today, its president Patrick Gallagher outlined company plans due to the COVID-19 Coronavirus pandemic. He said business has been “down significantly.”
Gallagher told customers via email, “…This pandemic is affecting our business to a greater extent than any event since we were founded in May 1964.”