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Private jets take off as wealthy flyers seek to avoid virus

Private jets take off as wealthy flyers seek to avoid virus

26 October 2020
While commercial flight numbers have halved, the number of private flights only dipped 10 per cent between September 1 and October 15 compared with last year, according to aviation consultancy WingX.
Did you bring your PJs? The rise of the private-jet set

Did you bring your PJs? The rise of the private-jet set

26 October 2020
WingX Advance managing director Richard Koe said recovery trends have begun to fall since mid-September, indicating that “leisure flying is dropping off and there is little corporate or business travel to fill the gap”.
WingX: Bizav Activity Slides in Europe, Gains in U.S.

WingX: Bizav Activity Slides in Europe, Gains in U.S.

23 October 2020
The uneven and somewhat unpredictable nature of the global pandemic was evident in the latest WingX Global Market Tracker, which found modest improvements in U.S. business aviation activity even as it weakens in Europe. Globally, business aviation traffic was down 16 percent in the first three weeks of October when compared with the same period last year, WingX said in this week's report.
Europe slips back, US gaining modestly

Europe slips back, US gaining modestly

22 October 2020
Global business aviation activity is down by 16% in the first three weeks of October 2020 compared to same period in 2019, according to WINGX`s weekly Global Market Tracker published today.
What’s the Outlook for Business Aircraft Activity Through the End of 2020? – AIN

What’s the Outlook for Business Aircraft Activity Through the End of 2020? – AIN

19 October 2020
The business aircraft flight activity data from analyst WingX doesn't lie, as AIN once again catches up with managing director Richard Koe to make sense of the latest trends. The Covid crisis continues to take a toll, but there are some fascinating variations in different regions of the market and for different aircraft types.
Private aviation update – The Wealth Report 2020

Private aviation update – The Wealth Report 2020

16 October 2020
Private jet traffic has bounced back more strongly from Covid-19 than the commercial airline sector, but the pandemic's second wave is stunting growth, according to the latest data from WINGX
INSIGHT – There’s no denying Covid-19’s impact on global business aviation. But how bad is bad and what will be the lasting legacy? Words: Mike Stones

INSIGHT – There’s no denying Covid-19’s impact on global business aviation. But how bad is bad and what will be the lasting legacy? Words: Mike Stones

15 October 2020
Koe at WINGX agrees. “Covid-19 has effectively lowered the relative cost barriers to private aviation,” he explains. “It's not just the risk of getting the virus on an airline which may bring new customers to business aviation. It will also be the hassle of working your way through airport terminals and the extra administrative burdens all operators will have to bear. That will be a lot more manageable for both customer and operators in private aviation.”
Airlines – Quotes of the Week: They Said What?

Airlines – Quotes of the Week: They Said What?

12 October 2020
Business aviation recovery stabilising at 85%: “It's encouraging that the recovery has not significantly relapsed as we move from Summer to Autumn, despite much less support from leisure travellers. European activity shows more signs of wilting now we're out of the summer season, but as in the US, the charter market is continuing to be relatively resilient.” Source: WINGX
Private jet travel recovery stuck at 85%, says WingX

Private jet travel recovery stuck at 85%, says WingX

08 October 2020
Around-the-word, private aviation activity above 90% of normal in Asia, although flight hours are down 28%, indicating few long-haul flights. Flight hours are trending down slightly in South America and Oceania, and by almost 20% in Africa, but sectors are actually up YOY in all three regions in the last four weeks, according to WingX.
New York City’s Private Jet Set Are Opting For The Country Life

New York City’s Private Jet Set Are Opting For The Country Life

01 October 2020
Research from the weekly WingX Global Market Tracker also indicates the private jet recovery is stronger in places like Colorado, Arizona and Florida, all considered second home markets.
Airlines – Quotes of the Week: They Said What?

Airlines – Quotes of the Week: They Said What?

28 September 2020
Business aviation slides in the absence of business traveller: “The unwinding of the late summer recovery is underway, with the absence of the business traveller unsurprising given that governments and corporations are requesting employees to work from home. Wherever the virus second wave concerns are strongest, all travel demand including business aviation is weakest, the UK and Spain most notable examples this month.”

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