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.

New research shows more upside for private jets

private jet travel trends

The research from Strategic Vision closely mirrors an analysis by McKinsey showing private jet providers have a largely untapped market of affluent consumers

Strategic Vision’s 2021 Pulse of the Industry survey has good news for travel providers, and perhaps, particularly private aviation providers

COVID-19 shakes up private jet charter booking patterns

pets on private jets

Driven by the COVID-19 pandemic’s changing border restrictions and quarantines, there were major changes to private jet charter bookings during the July to September period.

While there have been endless reports about the influx of newcomers – PrivateFly said their share increased to 44% from 35% – some of the other changes were perhaps expected but had not been previously reported.

New survey provides bullish outlook for Fall private jet travel

private jet travel trends

A survey of new and existing private jet travelers offers an optimistic take on their use of private aviation in the coming months and beyond

88% of new flyers have a positive view of the industry versus 12% neutral and 0% negative

Will the influx of newcomers and those returning to private aviation be enough to offset the expected decline in business travel this Fall?

Global private jet activity hits post-March high

WingX private jet travel trends

The V-shaped private jet travel recovery continues to be driven by pent-up demand, government restrictions and the continuing COVID-19 pandemic

Worldwide business aviation activity reached its highest levels since the first weeks of March when flights plummeted.

According to the WingX, during the first half of August, global private aviation departures are tracking at 16% below 2020 levels.

Private Jet execs bullish on recovery, near-term and into next year

private jet trends August 2020

45% of business aviation executives expect to finish 2020 in a stronger position, compared to just 16% who predict a decline. 92% are very/fairly optimistic about 2021

Major airlines warn that a full recovery may now take into 2024. Business aviation executives say that’s not the case for private jet travel.

A poll of more than 500 attendees at Corporate Jet Investor’s weekly Town Hall meeting showed a confident outlook about the future.

Aspen, Vail biggest private jet gainers in August

private jet travel trends August 2020

10 of the 15 busiest private aviation airports saw declines during the first 10 days of the month with New York and Seattle airports seeing the steepest drops

Of the busiest airports in the U.S. for private jet departures, three Colorado airports rank in the top 10 for the first 10 days of August, according to data from WingX.

%d bloggers like this: