Private Jet Industry Trends Upwards Due to Covid-19 Pandemic

While the Covid-19 pandemic has had a huge impact on the commercial airline industry, the trends in the private jet industry actually show comparatively positive effects.

Data provided by FlightAware shows the total number of flights of all types plummeted in March. They have since recovered slightly but still stand at around half the numbers last year.  Business flights, however, are now back to close to 2019 volume following a smaller percentage drop between March and June. FlightAware counts “business flights” as any which are not classed as commercial or cargo services.

The data shows all types of air travel were initially devastated by worldwide anti-Covid lockdowns. In April, all global flights fell to a fifth of their 2019 volume, and business flights to 36%. Overall flight volume worldwide saw a sluggish recovery and since August has hovered at around half of that seen in 2019. Business flights, however, bounced back much more rapidly and since July have been operating at between 85% and 90% of their 2019 volume.

Article Source: Elite Traveler