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.
Global business aviation is down 58% so far in May compared to a 70% drop in April, according to WingX
Palm Beach International is the world’s busiest airport so far in May
Light Jets and Turboprops are leading the recovery
The glass is getting closer to being half full in business aviation. After a 70% drop in global private aviation in April, private jet flying is down by only 58% through the first 13 days of May. At its nadir, activity was down by around 80%.
The numbers compare favorably to the airlines. Global scheduled passenger flights were down 85% so far this month.