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)
Tracking from both Argus and WingX shows that private aviation is continuing its strong rebound, particularly in North America. (Source: Forbes)
Watch Flexjet CEO Mike Silvestro on Worth Magazine’s webinar: “The Next Normal” on aviation in the Post Pandemic world. (Source Worth Magazine)
Michael Silvestro, Flexjet CEO, has also seen recent spikes in enquiries. “Our website enquiries are unprecedented at the moment,” he told Robb Report. “After three difficult months, demand is back up.” (Source: Robb Report)
Private aviation is bouncing back more quickly from the coronavirus pandemic than it did from the 2008 recession, a blow from which it never fully recovered. Now the industry looks to recover faster than commercial airlines as businesses begin to reopen, said Mike Silvestro, chief executive officer of Flexjet. (Source: Bloomberg)
Aircraft utilization at Flexjet has doubled over the past three weeks as the fractional provider recovers from the COVID-19-induced traffic lull, company CEO Mike Silvestro said during a business aviation summit webinar held by investment research firm Jefferies Equity Research. Meanwhile, he noted that new customer leads over the past four weeks have been “off the charts” as more look to fly privately post-COVID. Source: AIN
