– 96% of new private jet travelers plan to continue after the pandemic
– 30% of respondents say domestic terror threats may increase their percentage of private flights away from the airlines
– 68% expect to travel internationally despite new COVID-19 requirements that include private jet travelers
A flash survey of subscribers to Private Jet Card Comparisons found nearly 30% may switch some airline flights to private aircraft amidst concerns about more domestic terror threats in the wake of the riots at the Capitol. The research also found despite the COVID-19 testing requirements for anyone entering the U.S., more than two-thirds expect to travel internationally. What’s more, 96% of respondents who had started or restarted flying privately due to the coronavirus say they plan to continue after the pandemic ends.
While private jet flight numbers are expected to show impressive year-over-year gains from March 2021 onwards, they will still fall short of pre-pandemic levels, according to the latest Argus TRAQPak forecast
Argus TRAQPak’s forecast for the first four months is good news, relatively speaking. North American private jet flight hours are projected to increase by 21.6% in March 2021 on a year-over-year basis. In April 2021, Argus expects flight hours to surge by 194.9%
A survey of new and existing private jet travelers offers an optimistic take on their use of private aviation in the coming months and beyond
88% of new flyers have a positive view of the industry versus 12% neutral and 0% negative
Will the influx of newcomers and those returning to private aviation be enough to offset the expected decline in business travel this Fall?
45% of business aviation executives expect to finish 2020 in a stronger position, compared to just 16% who predict a decline. 92% are very/fairly optimistic about 2021
Major airlines warn that a full recovery may now take into 2024. Business aviation executives say that’s not the case for private jet travel.
A poll of more than 500 attendees at Corporate Jet Investor’s weekly Town Hall meeting showed a confident outlook about the future.