Private Business Aviation in Europe in August Was Up Over 2019
Strength of market is attributed to fewer commercial flights, resistance to commercial air travel and travelers returning home >>
by: Harvey Chipkin
There were 2.8% more business aviation flights in Europe in August than in the same month in 2019, according to Colibri Aircraft, a private jet broker. For the period from Sept. 1 to Oct. 15, the number of business aviation flights was 10.3% lower than the same period in 2019, much less than the fall in commercial airline traffic of over 50%. Colibri Aircraft, according to a statement, believes the current robustness of the business aviation sector in Europe is attributable to a number of factors, including the commercial aviation sector offering fewer flights and routes, a reluctance among many people to fly with other passengers, and, since August, governments announcing new quarantine rules for those visiting certain countries that resulted in thousands of people rushing home to beat these new restrictions. Oliver Stone, managing director of Colibri, said that although the company expects to see significant peaks and troughs in the number of flights over the next few weeks and months, “the sector is in a stronger position than commercial aviation to mount a sustainable recovery.”
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