While airline passenger counts remained 75% below last year’s levels, private jet flights increased 5% during America’s birthday Independence Day holiday in 2020
– The 50 Busiest Private Jet Airports during the holidays
– Airports with the biggest increases and decreases of private jets
– The most popular private jet routes for the July 4th holiday
As airline passenger levels remained 75% below last year, a detailed analysis by Private Jet Card Comparisons of data from WingX shows not only that private jet flights were up year-over-year by 5%, but where they were going.
Normally a niche segment, private jets are becoming more important to the travel and tourism industry, which before the COVID-19 pandemic supported 10% of worldwide jobs.
The private jet charter operator is part of Vista Global Holdings, which includes VistaJet and brokerage arm XO
Our Private Jet Operator CARES Act Relief Scorecard shows how much the 25 largest U.S. operators received in payroll support
Ft. Lauderdale-based XOJET Aviation is the latest of the major private jet charter and fractional share players to have signed an agreement to receive funds as part of the CARES Act. It entered into an agreement with the Treasury Department last month providing $13.1 million.
Data from the internet provider corresponds to other industry tracking reports showing private jet travel bouncing back
Inflight internet provider Gogo Business Aviation says last Thursday the number of daily private jet flights with its inflight connectivity reached 3,039.
While private jet traffic is at 74% of 2019 levels compared to 15% for the airlines, inside the numbers are big differences
The rebound of private jet travel from the depths of the COVID-19 Coronavirus pandemic has been one of the very few bright spots across the travel industry.
While data from the TSA shows passenger levels for the airlines are still off by around 85%, private jet flights have recovered to 74% of 2019 levels, according to WingX.
Both existing and new private aviation users are expected to boost the recovery of business aviation. However, they are facing a myriad of new Coronavirus induced issues to deal with
There are signs that private jets will be on the leading edge of business recovery.
Speaking at Corporate Jet Investor’s weekly town hall meeting, Andrew Collins, CEO of Directional Aviation’s Sentient Jet said bookings to cancelations are now running about 10-to-1. It’s a sea change from earlier this month when daily cancelations were outstripping new reservations.