Association of private jet brokers IADA reports 54 used aircraft transactions so far in March despite the Covid-19 Coronavirus crisis
Members of the International Aircraft Dealers Association (IADA) said members completed 54 transactions between for the month as of March 20th. Additionally, there are over 120 aircraft, under contract, subject to closing.
The news comes as the Covid-19 Coronavirus pandemic is playing havoc on the world stock markets with demand for travel in general plummeting.
The charter operator flies turboprops and light private jets in the Northeastern U.S. and Caribbean
Tradewind Aviation, which operates regionally in the Northeast U.S. and the Caribbean with on-demand charter, jet cards, and scheduled flights on its fleet of Pilatus PC-12s (it also has several Cessna Citation CJ-3s) has updated travel information based on the Covid-19 Coronavirus emergency.
The Pilatus PC-12 operator saves passengers time by operating from private aviation facilities
Tradewind Aviation, which offers both on-demand charter and jet cards, is adding to its scheduled by-the-seat service. The new flights are on its fleet of Pilatus PC-12s.
Services will operates on this summer on Thursdays, Fridays, Sundays, and Mondays between Westchester County Airport (HPN) and Newport State Airport (NPT) in Middletown, Rhode Island.
From long-range private jets to single-engine turboprops, new data reveals the most-used private aircraft for 2019
The most popular private jet in the U.S. for 2019 wasn’t a jet.
The Swiss-made Pilatus PC-12 single-engine turboprop was the most popular private aircraft clocking 244,217 flights in 2019, according to Argus Traqpak.
The two largest players in fractional ownership of private jets saw significant growth in 2019
NetJets and Flexjet, the two largest players in the fractional ownership market, both recorded strong performances in 2019, measured by flight hours.
According to data released by Argus Traqpak, for the total fractional market, flights and flight hours grew 5.9% and 7.9% respectively, when compared to 2018.