From SPACs to COVID, Brexit and lawsuits, a Bear’s view of private jet trends

Corporate Jet Investor Town Hall

The former CEO of the Air Charter Association says rosy talk about a private jet boom doesn’t match reality

If you work in private aviation, you might want to leave that bottle of champagne on ice. Former Air Charter Association boss David Edwards says it’s too early to pop the cork despite the tsunami of positive media reports and press releases.

NBAA’s Bolen says private jets set for a sustainable rebound in 2021

sustainable aviation fuels

The CEO of the National Business Aviation Association says a post-COVID business travel recovery, new customers and increased availability of sustainable aviation fuel offers a positive outlook for private aviation

Crediting the CARES Act for “helping companies survive and general aviation airports to have operating money,” National Business Aviation Association CEO Ed Bolen last week told the Asset Insight podcast business aviation is well-positioned.

Air Charter Service predicts more new customers, bankruptcies for 2021

air charter service

Private jet card and on-demand charter broker ACS expects a rebound of business travel, more bookings from travel agents, and instability for the private aviation sector

Air Charter Service has 27 worldwide offices, spanning all six major continents arranging private jet, commercial airliner, and cargo aircraft charters and onboard courier solutions arranging over 23,000 charter flights in a typical year. Recently, Andy Christie, group private jet director, shared his view on the private jet travel outlook in 2021. Below are some highlights.

Charter, jet card flights boost private jet flying in December

Argus

Part 135 jet card and on-demand charter flights reached 96% of pre-COVID levels in December as the overall market rebounded to 86% of 2019 totals

The latest report from Argus TRAQPak showed Part 135 flying – on-demand charters and jet cards – surged in December, just 3.8% off 2019 flight hours.

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