Brian Opines On 'The Private Jet Charter Juxtaposition'
Based on the comments and press releases of a few business jet charter providers, one could be led to believe that the industry is on fire as well-heeled travelers avoid the airlines. While there may be some outlier examples, the data generally does not support these claims, and worse, the unsubstantiated exuberance may be setting the industry up for exclusion from any future government aid programs. To be sure, business aviation traffic has recovered much faster than the airlines. Whereas the number of airline flights are still down 46% from year-ago levels, in North America business jet trips are now within 20% of this time last summer and about triple what they were in April of this year.<