Page 15 - AAA JANUARY - FEBRUARY 2022 Online Magazine

BUSINESS AVIATION

Business The COVID-19 pandemic created opportuni-

ties and challenges for business aviation. While
lockdowns and travel restrictions increased
reliance on virtual meetings and technology,
more people and organisations seemed to have
learned the value of business aviation. Despite
More than
the ongoing challenges presented by the pan-
demic, flight hours have recovered and grown
beyond pre-pandemic levels. Estimates indi-
cate that private jet journeys became a viable
option for more and more people who needed
to travel despite COVID-19 restrictions.
Usual According to WINGX`s weekly Global Market

Tracker, business jets flew 26 percent more
flights worldwide in the first 10 days of 2022
than they did in the same period in 2020, before
the pandemic. The United States is still seeing
the strongest growth in demand for business
jet travel, as the demand increased 31 percent,
with Florida showing a huge rise over 2020—45
per cent, the report said. Overall global demand
BUSINESS BOOMS AS PRIVATE JETS BECOME A compared to January 2020—before air travel
VIABLE AND ATTRACTIVE OPTION DURING THE was hobbled by the COVID pandemic—was
PANDEMIC much higher.

Return to Growth
Jay Menon The overall health of the business jet market

ASIAN AIRLINES & AEROSPACE January/February 2022 | 15