COVID-19 is not only driving new customers, but more pets, kids and shorter lead times for private jet charter bookings, according to PrivateFly
More new customers, more pets, more kids, and shorter lead times for booking private jet charters. The COVID-19 pandemic has had a major impact on who and where for the private jet market, according to PrivateFly’s annual Private Jet Charter Trends 2020 report.
The Payroll Support Program under Division A, Title IV, Subtitle B of the CARES Act provided payroll support to passenger air carriers, cargo air carriers, and certain contractors for the continuation of payment of employee wages, salaries, and benefits. Here’s who got how much
It’s uncertain when there will be more government for the airline industry, and if so, will it extend to the private aviation side?
While the CARES Act payments have been widely credited for helping business jet operators get back on their feet quickly, they also have detractors, including NetJets, the largest private jets operator.
Aviator + offers customers the ability to deposit unlimited funds that will be Federal Excise Tax-free until you fly through them
Add Directional Aviation’s FXAIR to the list of jet card and membership sellers that offer customers the ability to avoid the 7.5% Federal Excise Tax for 2021 and beyond. Sister brands Flexjet and Sentient Jet earlier announced similar deals.
NetJets, Wheels Up, and Sentient Jet execs tell attendees at Corporate Jet Investor Americas 2020 they expect the private jet recovery to continue through next year
Wheels Up, with the second-largest for-hire fleet behind NetJets, says flying is already at pre-COVID levels. Jet card leader Sentient Jet recently restored pre-pandemic budget levels
Airline CEOs continue to say it could take until 2024 or beyond to recover from the COVID-19 downturn. In a parallel universe, the heads of private aviation’s biggest players painted a far different picture. Bosses at NetJets, Wheels Up, and Sentient Jet each offered bullish 2021 forecasts. They were all speaking at Corporate Jet Investor Americas 2020.
Directional Aviation’s European on-demand charter and jet card broker has updated its fixed-rate City Pair offerings for European private jet flights
Bigger is better this winter, at least when it comes to private jets. PrivateFly recently posted its fixed-rates for City Pair flights (The rates were released before recent lockdown announcements.), and all options are now on Embraer Legacy 600s with up to 13 seats.
Driven by a surge in new customers and a focus on leisure travel, pets with wealthy owners are increasingly finding themselves flying privately
The number of private jets flights with pets has doubled since the outset of the COVID-19 pandemic. That’s according to Adam Twidell, CEO of jet card and on-demand charter broker PrivateFly.
65% of the upstart’s customers are new to private jet charter
During an interview on the Fox Business Channel, Andrew Collins, CEO of upstart FXAIR told the audience that two-thirds of its customers are new to the private jet charter market.