World’s largest private jet conference canceled

NBAA cancels 2020 trade show and conference

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.

NBAA, NATA take CNBC to task for Clay Lacy and CARES Act coverage

Clay Lacy

Two private jet trade groups are accusing the cable network of misrepresenting Clay Lacy and the importance of business aviation

A letter issued yesterday by the top executives of the National Business Aviation Association and National Air Transport Association said CNBC coverage of the CARES Act distorted the impact of Covid-19 on business aviation.

A post on NBAA’s website was titled, “CNBC Distorts Pandemic’s Impact on Business Aviation, Specifically Charter Company Clay Lacy.”

Private Jet trade group planning for annual trade show in October

The National Business Aviation Association says it is moving forward on its NBAA-BACE conference scheduled for October 6-8 in Orlando

NetJets, Flexjet, and Qatar Executive have used NBAA to announce billion-dollar orders of new private jets

The National Business Aviation Association, the trade group representing various facets of the private jet industry, said it is moving forward with plans for its annual conference.

The event, which typically moves back-and-forth between Las Vegas and Orlando, is scheduled for Oct. 6, 7, and 8 in Florida this year.

Used Private Jet brokers positive as sales hold to 50% of pre-COVID-19 levels

Pre-owned private jet cost

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.

Business aviation groups ask for government support due to COVID-19 Coronavirus crisis

Clay Lacy

The National Business Aviation Association in a letter to Congress is highlighting private aviation’s role as a lifeline to small communities and for emergency relief

Survival of some private jet operators may be at stake, according to trade associations

Potential domestic travel restrictions might cause “significant harm” to private aircraft operators

The National Business Aviation Association and several industry groups are urging Congress to preserve general aviation’s contribution to the economy. The move comes as the government considers a relief package to support the country during the COVID-19 pandemic.

With the majority of business aviation air carriers being private companies, their access to capital is more constrained. In the current environment, private equity markets are not able to provide financing, eliminating an important source of liquidity for the industry.”

Letter to Congressional leaders from Private Aviation trade groups
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