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.
August private aviation flights in Europe were up 3% year-over-year, but with more lockdowns and the end of summer vacation travel, flight activity is dropping, according to WingX
Private aviation in Europe is seeing a September swoon, according to the latest weekly tracking report from WingX, an aviation consultancy. After Europe beat 2019 numbers in August, France, a major market, saw a 15% decline in private jet and prop flights month-to-date.
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.
WingX’s Global Market Tracker shows private jet flights in Europe rebounded to 85% of 2019 levels so far in July
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.
While private jet traffic is at 74% of 2019 levels compared to 15% for the airlines, inside the numbers are big differences
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.
In the latest WingX moving 7-day average, daily business aviation flights increased to 6,600 from last month’s low of 3,700
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.