Air Partner flies COVID-19 relief charters to 173% profit gain

blue and yellow graph on stock market monitor

Analyst Canaccord Genuity restores “buy” recommendation for Air Partner

Air Partner said it is announcing today an update to shareholders, including details of its dividend policy. The move reaffirms its previously reported update from January. That called for a profit before tax of no less than £11.5 million for the year ended 31 January 2021. That compares to £4.2 million from the previous year, a 173% gain.

Biden, Buttigieg urged not to hamstring private jets amid reports of domestic COVID travel restrictions

covid travel restrictions

The National Air Transportation Association wrote the President and Transportation Secretary, “We cannot afford to shackle an industry that not only empowers countless businesses across the country and offers essential services”

In a letter to President Joseph Biden and Transportation Secretary Peter Buttigieg, National Air Transportation Association CEO Timothy Obitts warned that if domestic travel restrictions are extended to private aviation, it will hamstring the economy.

Private jets fail to score at Super LV in Tampa

Super Bowl LV private jet arrivals

With the home team playing in the Big Game and COVID-19 putting a damper on travel, private jet arrivals to Tampa area airports were significantly down this year

Like the Kansas City Chiefs, private jets didn’t fare well against Tom Brady and his hometown Tampa Bay Buccaneers, according to data from Argus TRAQPak.

Private jet trade groups cancel European EBACE 2021; plan for a virtual event

EBACE 2021

NBAA and EBAA are canceling the annual European Business Aviation Conference and Exhibition planned for May in Geneva with plans for a virtual version of EBACE

While private aviation continues its rebound, the industry is still being impacted by the pandemic. Due to the continuing COVID-19 crisis, the European Business Aviation Association (EBAA) and National Business Aviation Association (NBAA) today announced the cancellation of the 2021 European Business Aviation Convention & Exhibition (EBACE2021).

%d bloggers like this: