XOJET Aviation rings up $13 million in CARES Act funds

XOJET XO

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.

Wheels Up gets $74 million in CARES Act funds

Wheels up CARES Act

Wheels Up Partners Holdings LLC incorporates Wheels Up, Gama Aviation Signature, Delta Private Jets, TMC Jets, and Avianis

If it’s Friday night, it’s a good time to check the Treasury Department’s website for updates about CARES Act awards. Tonight’s reveal showed on June 10 a payroll support agreement providing $74.2 was executed with Wheels Up Partners Holdings LLC.

Memorial Day weekend fractional and charter private jet flights surged to 58% of 2019 levels

While airline passenger counts stayed at just 12% of last year’s holiday weekend, the private jet travel rebound continued

From the Wednesday prior to Memorial Day through Tuesday, the number of passengers who passed through TSA checkpoints hovered at just 12% of 2019 levels.

During the same period, fractional and charter operator flights surged to 58% of 2019 levels, continuing an upward trek. The data from Argus affirmed the rebound for private jet operators, which just last month had seen flying drop to just 20% of last year’s level as the Covid-19 stay-at-home orders ground travel to a virtual halt.

Wheels Up’s Sunday with Tiger, Phil, Tom, and Peyton reaches 6.3 million viewers, raises $20 million

Wheels Up The Match golf tournament

Capital One’s The Match sponsor Wheels Up wheeled out ambassadors Russell Wilson, Alex Rodriguez, and J.J. Watt while the pairing of legendary golfers and quarterbacks entertained a sports-craving nation

Two months ago the Covid-19 Coronavirus pandemic claimed live sports on television and virtually everywhere else. Yesterday, Tiger Woods and Phil Mickelson renewed their rivalry alongside NFL star quarterbacks Tom Brady and Peyton Manning.

This afternoon, Turner Sports, which broadcast the event, said the charity golf tournament drew an average of 5.8 million people across its networks. Peak viewership for Capital One’s “The Match” was 6.3 million viewers.

Private Jet Fractional and Charter travel off to a strong start for Memorial Day weekend

Memorial Day private jet travel

Comparing Argus private jet flying from this year to Memorial Day 2019 shows the strongest rebound data yet

Expectations that private jet travel will lead the recovery of air travel continued at the start of this holiday weekend.

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