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Private jet activity in the U.S. reached 93% of 2020 levels during the first three weeks of a weather impacted February.
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.
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.
A survey conducted in December on behalf of VistaJet with over 650 travel and hospitality executives focused on High New Worth consumers found private aviation will have a higher profile role in the more significant travel history moving forward.
