PJS Group is expanding its sports and MICE divisions to support the rebound in VIP group private jet charter flights
New Hampshire-based charter and jet card broker Private Jet Services (PJS) Group said it is doubling down its support of the sports team and MICE segment. The move comes as professional and collegiate teams, and the meetings and incentive market aim towards a post-COVID recovery.
Overall, private aviation activity in March was up 30% compared to 2020, but down 8% compared to 2019
Business aviation activity surged 30% in March compared to the same period in 2020. However, private jet flights were still 8% down compared to 2019, according to WingX.
For a 20% premium, VistaJet charter customers can mitigate cancelation fees
Global luxury private jet operator VistaJet has launched an insurance program. According to a press release, VistaJet Protect removes all cancellation fees up to 48 hours before a scheduled departure. If a client cancels less than 48 hours before departure, VistaJet will use the premium to offset part of the outstanding cancellation fee.
Private aviation could see record demand in the coming months, says Wheels Up’s Kenny Dichter
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.”