The National Business Aviation Association in a letter to Congress is highlighting private aviation’s role as a lifeline to small communities and for emergency relief
Survival of some private jet operators may be at stake, according to trade associations
Potential domestic travel restrictions might cause “significant harm” to private aircraft operators
The National Business Aviation Association and several industry groups are urging Congress to preserve general aviation’s contribution to the economy. The move comes as the government considers a relief package to support the country during the COVID-19 pandemic.
With the majority of business aviation air carriers being private companies, their access to capital is more constrained. In the current environment, private equity markets are not able to provide financing, eliminating an important source of liquidity for the industry.”Letter to Congressional leaders from Private Aviation trade groups