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Speaking on Dow Jones Marketwatch, Wheels Up’s Kenny Dichter says he thinks “when business travel and traditional vacation come back online, you may see 125%, 150% sort of demand levels.”
Private jet activity in the U.S. reached 93% of 2020 levels during the first three weeks of a weather impacted February.
Directional Aviation’s PrivateFly has launched a Bitcoin Jet Account. The move comes as it reveals more than one in 10 of its private jet flights were paid for in Bitcoin last month. The bookings represented 19% of its sales.
A study conducted on behalf of the Tennessee Department of Transportation found no plane, no gain. Or, more specifically, attracting private jets is good for the economy.