Soaring numbers of wealthy flyers are switching to private jets to reduce the risk of catching coronavirus from other passengers on regular commercial flights. Subscription Required. (Source: Financial Times)
The G700 marks the next generation of globe-hopping private jets and, despite delivery delays, are primed to make the world more accessible, and more private, for business aviation consumers. (Source: Luxury Card)
Flight restrictions, quarantine and social distancing rules, and a general reluctance by businesses to engage in air travel have all put the brakes on a sector that – in North America particularly – was enjoying impressive growth in 2019. Even so, there are signs that business aviation may be set for a faster recovery than the wider airline industry. (Source: Flight Global)
While economic uncertainty may have an impact on the future of the private jet industry in the near-term, industry insiders including Flexjet CEO Michael Silvestro are bullish on the long-term prospects for private aviation. (Source: Barron’s PENTA)
Megan Wolf, chief operating officer with Flexjet LLC, says demand for private travel is still strong during the coronavirus pandemic. She speaks on “Bloomberg Markets.” (Source: Bloomberg TV)
While the longstanding incentives for choosing private jet travel—personalized VIP service, avoidance of crowds and lines, onboard social distancing, hassle-free security checks—remain unchanged, private jet industry insiders say that these elements are more desirable than ever in the face of the pandemic. (Source: Barrons PENTA)
Flexjet had one of the earliest and most aggressive responses to Covid-19, including ferrying pilots and air staff on its own fleet to minimize exposure. (Source: Robb Report)
Flexjet, another operator of private jets, saw activity rebound at a two-fold pace each week since the week prior to Memorial Day weekend, the company’s chief operating officer, Megan Wolf, said. (Source: Fox Business)
The wealthy are once again taking to the skies on private jets as the country reopens and leisure travel is becoming a more accepted practice. (Source: Business Insider)
More fliers are discovering the convenience of private aviation without the burdens of ownership. Granted, the Covid-19 crisis has temporarily placed business aviation in a deep freeze. But it could ultimately prove a catalyst to increased private-jet flying. (Source: Barron’s PENTA)
