Private Aviation Companies See Recovery

The private aviation sector is recovering from the COVID-19 hit to the industry faster than commercial aviation, with growing demand for private jet travel which presents 30 times lower risk of infection when compared to traditional airlines. Some operators have seen a 400% increase in requests, due to both safety and repatriation needs, and an influx of new customers who have never flown privately.

KlasJet, a private charter company operating a fleet of VIP configured 737 aircraft, reports that demand has been rising steadily and previous clients are using the operator’s services again.

Other business aviation companies have seen a steady recovery, with Oceania being only 4% down when compared to the same period last year. Germany has also seen recovery in its domestic market with flights operating at about the same volume as they did in June 2019. As countries in Europe are slowly reopening their borders, recovery is expected to spike in the European region. While the current private charter flight volume is still lower than in June 2019, the business aviation industry may reach 2019 levels and possibly see growth at the end of the year.