• Cryptocurrency
  • Earnings
  • Enterprise
  • About TechBooky
  • Submit Article
  • Advertise Here
  • Contact Us
TechBooky
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
  • African
  • AI
  • Metaverse
  • Gadgets
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
TechBooky
Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
Home Featured

Private Aviation: Where It’s At Now

Contributor by Contributor
June 30, 2022
in Featured, Transport
Share on FacebookShare on Twitter

Commercial airlines were devastated by the pandemic. In 2020, industry revenue totalled just 40 per cent of the previous year’s size, while air traffic isn’t predicted to return to normal until 2024. And some of the effects have been staff shortages and chaos as flights have been cancelled. For some, it means exploring private aviation to see if it has any solutions. Below, we explore the current state of private aviation.

 

The United States air traffic

The US has the second-largest air market in the world behind China. In 2020, there were 370 million passengers, far ahead of the Eurozone’s 170 million. But air traffic has reduced significantly since then: 38 per cent of American adults travelled by air in 2021, compared to 44 per cent in 2015. With air traffic remaining low, there have been fewer flights available. And as airlines struggle with lower revenues, service has been poorer with cancelled and delayed flights. For the foreseeable future, it seems as though commercial flights will be less reliable and punctual than they were before the pandemic.

 

Private jet industry

The same cannot be said for the private jet industry though. Rich families and business professionals utilized private jets to travel safely during the pandemic, while commercial airlines struggled. Hiring private jets ensured that customers could enjoy discrete flights without being packed in with other passengers. Plus, with boarding times of just 15 minutes, the process was much smoother than trying to get through customs for a commercial flight. And there was the added bonus that you could hire a private jet for any time of day you liked, allowing you to fit it around your schedule rather than bending your plans around a set time. People want more certainty with their international travel since the pandemic, and private aviation offers this.

 

The numbers

And the success of the private aviation industry is shown in the numbers from Vista Jet. 2021 was a record-breaking year for the company with sales of the Group’s subscription solutions and services increasing by 59 per cent. This led to an increase of 64 per cent in global flight hours as the service became more popular. And this success has led to huge demand from investors, with the company being oversubscribed with demand from investors. This sits in stark contrast to the commercial airline industry where revenues are falling back dramatically.

Private aviation is in good health – especially compared to commercial airlines. If you want discrete and stress-free air travel, then it’s worth exploring private jet hire to see if you can benefit from the luxuries that this form of aviation has to offer.

Related Posts:

  • easid-493034-media-id-40341
    UK Air Traffic Services Grapple with Massive Disruptions
  • Processed with VSCO with c9 preset
    Inflation Is Hitting The Airline Industry Really…
  • im-59472326
    Starlink Wins $2.4B Contract to Upgrade Air Traffic…
  • GetImage
    The Importance of a Reliable In-Flight Wi-Fi Connection
  • drone1-2-16581408423×2
    World Biggest Automated Drone Superhighway To Be…
  • gettyimages-654153362
    Google’s Carbon Emission On The Rise Thanks To AI
  • US-China-Tech-War-Chips-Semiconductors-e1599189699542
    Samsung Wants 'Common Denominator' In US-China Chip War
  • Virgin Galactic Announces Commercial Spaceflight…

Discover more from TechBooky

Subscribe to get the latest posts sent to your email.

Tags: Air travelAviationprivate jet
Contributor

Contributor

Posts by contributors. You can send in a post to be reviewed and published to info@techbooky.com

BROWSE BY CATEGORIES

Select Category

    Receive top tech news directly in your inbox

    subscription from
    Loading

    Freshly Squeezed

    • DOJ Reportedly Investigates Google’s Character.AI Partnership May 23, 2025
    • Sony Organises A PlayStation Event for June; A State of Play May 23, 2025
    • Microsoft’s New AI features in Notepad, Paint, & Snipping Tool Test Trials May 23, 2025
    • Bluesky Starts Confirming “Notable” Users May 23, 2025
    • Affiniti Raises $17M for AI-Powered Small Business Finance May 22, 2025
    • Absolute Zero’ AI Achieves Top-Level Reasoning Without Human Data May 22, 2025

    Browse Archives

    May 2025
    MTWTFSS
     1234
    567891011
    12131415161718
    19202122232425
    262728293031 
    « Apr    

    Quick Links

    • About TechBooky
    • Advertise Here
    • Contact us
    • Submit Article
    • Privacy Policy

    Recent News

    DOJ Reportedly Investigates Google’s Character.AI Partnership

    DOJ Reportedly Investigates Google’s Character.AI Partnership

    May 23, 2025
    Sony Organises A PlayStation Event for June; A State of Play

    Sony Organises A PlayStation Event for June; A State of Play

    May 23, 2025
    Microsoft’s New AI features in Notepad, Paint, & Snipping Tool Test Trials

    Microsoft’s New AI features in Notepad, Paint, & Snipping Tool Test Trials

    May 23, 2025
    Bluesky Starts Confirming “Notable” Users

    Bluesky Starts Confirming “Notable” Users

    May 23, 2025
    Affiniti Raises $17M for AI-Powered Small Business Finance

    Affiniti Raises $17M for AI-Powered Small Business Finance

    May 22, 2025
    Absolute Zero’ AI Achieves Top-Level Reasoning Without Human Data

    Absolute Zero’ AI Achieves Top-Level Reasoning Without Human Data

    May 22, 2025
    • Login

    © 2021 Design By Tech Booky Elite

    Generic selectors
    Exact matches only
    Search in title
    Search in content
    Post Type Selectors
    • African
    • Artificial Intelligence
    • Gadgets
    • Metaverse
    • Tips
    • About TechBooky
    • Advertise Here
    • Submit Article
    • Contact us

    © 2021 Design By Tech Booky Elite

    Discover more from TechBooky

    Subscribe now to keep reading and get access to the full archive.

    Continue reading

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok