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Who needs the Americans? Not Europe’s private aviation segment, at least not at the moment.
With borders opening across the continent earlier this month, WingX’s weekly Global Market Tracker reports private jet flights in Europe to rebound to 85% of 2019 activity.
The rebound of private jet travel from the depths of the COVID-19 Coronavirus pandemic has been one of the very few bright spots across the travel industry.
While data from the TSA shows passenger levels for the airlines are still off by around 85%, private jet flights have recovered to 74% of 2019 levels, according to WingX.
Statistics from three different researchers and the U.S. Transport Security Administration (TSA) will again give folks from the private jet side of the aviation business some reason to have pleasant dreams. Or at least blot out recent nightmares.
The glass is getting closer to being half full in business aviation. After a 70% drop in global private aviation in April, private jet flying is down by only 58% through the first 13 days of May. At its nadir, activity was down by around 80%.
The numbers compare favorably to the airlines. Global scheduled passenger flights were down 85% so far this month.
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.
