Private aviation consultants WingX says the private jet recovery had plateaued for the time being
The recovery in private jet traffic at this point appears to be hitting a ceiling of around 85% compared to 2019. That’s the assessment from Wing-X weekly’s global tracking report.
And while that sounds good compared to other sectors of the travel industry, it equates to a reduction of about 50,000 fewer private aviation sectors since the start of September. Including private jets and turboprops. In terms of hours, just over 550,000 hours have been operated in that period, an 18% year-over-year drop.
WingX’s weekly Global Market Tracker is showing the glass may indeed be half full for business aviation
Private aviation, just 15% of the global flights at the start of March, now represents 33% of all departures
Pop the champagne! Global business aviation activity was down by 68% for the period April 1st through May 5th, according to WingX’s closely watched weekly Global Market Tracker survey.
As U.S. private jet travel fell by close to 30%, the COVID-19 Coronavirus pandemic had a big impact on business aviation in Europe
Italy private aviation flights dropped by 70% in March
Business aviation departures from Europe were down by 34% in March 2020 compared to the previous year, according to data supplied by WINGX.
The Germany-based business aviation research firm said there were 17,800 fewer flights flown last month. Like in the U.S., declines have accelerated towards the end of the month. During the final days of March, flying was down close to 50%.