Private jet bookings soar as wealthy flee second England lockdown

posted on 4th November 2020 by Eddie Saunders
Private jet bookings soar as wealthy flee second England lockdown

In addition, more moderately wealthy people are seeking out private jets as they view it as a safer way to travel during the pandemic because it avoids potentially crowded commercial planes and airport terminals.

Private jet operators also reported a rise in bookings before the first UK-wide lockdown in March. They also marketed “evacuation flights” out of countries badly hit by the virus.

The number of private flights dipped by just 10% between 1 September and 15 October compared with last year, according to the aviation consultancy WINGX. That compares with a more than 50% drop in scheduled commercial flights.

Richard Koe, the managing director of WINGX said: “Business aviation demand has been considerably more resilient than commercial airline activity throughout the pandemic, with a really strong rebound in last summer as travel restrictions got lifted.

That recovery has relapsed this autumn as leisure demand has tails off and business travellers stay home, but the latter could pick up as economies recover. The advantages of flying private, notably hygiene control and convenience, should continue to draw some customers from the airlines.”

Oliver Stone, the managing director of the private jet brokerage firm Colibri Aircraft, said: “Covid-19 has also resulted in an increase in enquiries from potential first-time buyers of business aircraft as the crisis has helped raise the profile and benefits of flying privately amongst those who can afford to do this.

For many business owners and executives, travel is a necessary component to keep their business running. The use of private aviation is now often the only way to continue to travel and keep their companies operational.”

Private jets emit about 20 times more carbon dioxide per passenger mile than commercial flights, according to industry data.