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Bizav Continues Global Recovery, Says WingX

Bizav Continues Global Recovery, Says WingX

12 March 2021
With the one-year anniversary of the declaration of Covid as a pandemic this week, global business aviation activity is down just 2 percent year-over-year, according to industry data provider WingX. It said business aviation accounted for a larger percentage of all fixed-wing traffic thus far in 2021 at 19 percent, compared with 12 percent in the same period last year.
Private jet flights increase share of worldwide fixed-wing flights by 58%

Private jet flights increase share of worldwide fixed-wing flights by 58%

12 March 2021
Private jets' share of global fixed-wing flight activity has increased to 19% this year compared to 12% prior to 2020, according to WingX
The unseen value of the business aviation sector

The unseen value of the business aviation sector

12 March 2021
In comparison to 2019, the global demand for business aviation services was down by just 1% in 2020, according to WingX's weekly Global Market Tracker. In contrast, regularly scheduled passenger flights were down by 45% over the same period. This statistic further exhibits the resilience of the private aviation sector in light of the COVID-19 pandemic. The sector's impressive recovery and operational figures can be attributed to its less contact-based travel options.
The unseen value of the business aviation sector

The unseen value of the business aviation sector

10 March 2021
In comparison to 2019, the global demand for business aviation services was down by just 1% in 2020, according to WingX's weekly Global Market Tracker. In contrast, regularly scheduled passenger flights were down by 45% over the same period. This statistic further exhibits the resilience of the private aviation sector in light of the COVID-19 pandemic. The sector's impressive recovery and operational figures can be attributed to its less contact-based travel options.
North America Business Aviation Demand Recovers While Europe Slumps

North America Business Aviation Demand Recovers While Europe Slumps

10 March 2021
North America is seeing a much stronger recovery with business aviation activity back within 10% of pre-pandemic levels while Europe continues to suffer, WINGX's weekly Global Market Tracker shows.
The Unseen Value of the Business Aviation Sector

The Unseen Value of the Business Aviation Sector

10 March 2021
In comparison to 2019, the global demand for business aviation services was down by just 1% in 2020, according to WingX's weekly Global Market Tracker. In contrast, regularly scheduled passenger flights were down by 45% over the same period. This statistic further exhibits the resilience of the private aviation sector in light of the COVID-19 pandemic. The sector's impressive recovery and operational figures can be attributed to its less contact-based travel options.
North America Business Aviation Demand Recovers While Europe Slumps

North America Business Aviation Demand Recovers While Europe Slumps

10 March 2021
WINGX's weekly Global Market Tracker reveals ‘solid trends' in US with the charter market setting records
UK Bizav Hits the Skids, but Outlook Bright

UK Bizav Hits the Skids, but Outlook Bright

09 March 2021
“The UK became the standout worst performer [in Europe] once it adopted the strictest lockdown [at the latter end of 2020],” said WingX Advance managing director Richard Koe. “But it was pretty near the back of the class throughout last year, and that again was directly related to stop-start [lockdowns]…and travel bans.”
North America leading business aviation recovery

North America leading business aviation recovery

09 March 2021
According to WINGX's latest Global Market Tracker data, business aviation activity is trending towards 85% of normal levels, with recovery particularly marked in North America. In the first two months of 2021 there were 445,000 business aviation sectors in North America, only 7% down on the same period last year. The charter market recorded only a 1% drop in departures, while flight hours rose by 4%.
North American private aviation is back in business

North American private aviation is back in business

06 March 2021
WingX MD Richard Koe comments: “The US is starting to see an accelerated recovery from the winter pandemic, with both scheduled and business aviation activity opening up and charter activity setting some new records, especially in Florida. It is a different story in Europe, however, with a long road to run, and international leisure trips all but illegal. This slowdown is very clear in Western Europe, contrasting with openness to the East, where business jets are being used more than ever within Russia and Turkey.”
USA leading global business aviation recovery in 2021

USA leading global business aviation recovery in 2021

04 March 2021
Speaking at the British Business and General Aviation conference today, Richard Koe, managing director of WingX said, “Business aviation is ready for a cyclical recovery. Vaccination programs are coming through and there is momentum in people looking to avoid shared spaces while traveling.
North America business aviation demand recovers while Europe slumps

North America business aviation demand recovers while Europe slumps

04 March 2021
North America is seeing a much stronger recovery with business aviation activity back within 10% of pre-pandemic levels while Europe continues to suffer, WINGX's weekly Global Market Tracker shows.

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