News/Analysis/Opinion by Brian Foley
One would think that increased interest in private air travel by those seeking to avoid germy airports would be a good thing for new business jet sales. To the contrary, sales have been rather unremarkable over the past year - but that could soon change. Travelers with means have sought alternatives to airline travel amid the coronavirus pandemic. Private jet charter companies reported a flood of inquiries last year, many from first-time users, as did fractional aircraft firms, who sell pieces of jets like a condo timeshare. Despite this, the number of flights for both charter and fractional flights decreased for the year, making it appear that the majority of these quotes never materialized into a paid flight,