The CEO of the National Business Aviation Association says a post-COVID business travel recovery, new customers and increased availability of sustainable aviation fuel offers a positive outlook for private aviation
Crediting the CARES Act for “helping companies survive and general aviation airports to have operating money,” National Business Aviation Association CEO Ed Bolen last week told the Asset Insight podcast business aviation is well-positioned.
Continue reading “NBAA’s Bolen says private jets set for a sustainable rebound in 2021”
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.
Continue reading “World’s largest private jet conference canceled”
66% of private jet dealers are “very optimistic” about the pre-owned private jet market
Despite many new hurdles to complete sales of pre-owned private jets, the International Aircraft Dealers Association confirmed the message of optimism being recently heard from charter brokers and fractional fleet operators.
IADA members, two-thirds who are “very optimistic,” backed up their green shoots dreams with news that from March 27 through April 30 volume was about 50% of normal. There were 53 transactions.
Continue reading “Used Private Jet brokers positive as sales hold to 50% of pre-COVID-19 levels”