Possible optimism as forecasters predict private jet travel to drop 67% in April

NBAA cancels 2020 trade show and conference

Argus TRAQPak has revised its previous estimate expecting a 40% to 60% decline downwards

Data from Private Jet Card Comparisons in April shows an increased interest in private aviation membership programs

Signs indicate private aviation may attract new fliers who previously didn’t see the value, but now want to reduce exposure to COVID-19 Coronavirus

Headwinds for business aviation are expected to be even more fierce than predicted just last week. Back then, Argus TRAQPak predicted the private aviation flights in April would be between 40% and 60%.

In an update just released today, its analysts now expect a 67.3% decline this month.

Here’s how flying private can boost your company’s profits

private jets

Using private aviation for your business can help boost efficiency, employee retention, sales and profits

Many companies that could benefit from using private jets or even turboprops eschew private flying for a myriad of reasons, which are easy to understand.

However, those reasons could be costing you growth in sales and profits. You could also be losing key employees!

First of all, there is a negative stereotype about private jet travel, mainly that it’s environmentally unfriendly.

The fact is that all aviation is only 2% of global emissions. Business aviation is just 2% of that 2% number.

The busiest days and states for private jet flights in 2019

What are the busiest days of the week and year for private flights?

Traqpak’s most recent analysis of private jet flights for the first half of 2019 reveals both the busiest days of the week and busiest days so far this year.

Despite overall private flight activity growth of just 0.3%, for the first time ever one day averaged at least 10,000 flights per day.

Thursdays were the busiest day of the week average 10,124 flights. Second busiest were Fridays with 9,505 flights followed by Wednesdays at 9,353 flights on average. Tuesdays averaged 8,744 private flights while Mondays saw an average of 8,593 flights per day, perhaps indicating many private fliers tart the week in the office.

Flight Delay Data Shows Why Private Jets Are A Critical Tool For Business

Private jet safety

New delay data on major U.S. airports shows how private jets are an important business tool when traveling to or from big cities, accessing alternative airports that serve business aviation flights

 

New airport delay data from AirHelp shows that if you are coming or going to the big city and you absolutely have to be there and are traveling on a tight schedule, flying by commercial airlines is akin to playing Russian Roulette. The summary of the worst U.S. airport delays isn’t pretty. In the top 10, if you are traveling to or from Houston, Atlanta, Denver, Dallas and Chicago, plan on your flight being delayed about 20% of the time. Even worse, as each city is a major hub for airline connections, even if you were only planning to transit those airports, you are likely to arrive at your destination late, according to AirHelp. 

U.S. Private Aviation Flights Up 6.5% In May

Private aviation flights jumped 6.5% in May 2017 compared to last year, according to TRAQPak data. Part 135 flight activity was up 13.3%, Fractional flying was up 6.9% and Part 91 activity increased 2.1%. Large and Mid-size jets posting the largest gains, up 9.3% and 9.2% respectively. Light jets and turboprops saw increases of 3.8% and 5.3% respectively.

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