Data drawn from FlightAware saw total global flights plummeting in March 2020, with most categories excepting business aviation at 50 percent lower than previous years. Moreover, it was the private industry – classed as flights that are neither commercial nor cargo services – that bounced back quickest, returning to 85 to 90 percent of previous volume by July 2020.
Ian Moore, chief commercial officer at VistaJet World, says, “What’s happened with commercial versus private has been sort of polar opposites. One of the reasons is because commercial routes around the world have been decimated and still haven’t come close to recovering, particularly in places like Hong Kong. Private jets have really picked up the slack and connected the world again. The cost of flying an aircraft with eight passengers for us in relative terms is significantly cheaper than flying a 200-250 passenger aircraft with only five or six passengers on it.”
This story is from the February 2022 edition of Prestige Malaysia.
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This story is from the February 2022 edition of Prestige Malaysia.
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