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Business Air News Bulletin
Business Air News Bulletin
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PrivateFly report demonstrates appeal of European hops
All PrivateFly's top 20 destinations in Q3 are in Europe for the first time, with London in first place and Nice and Ibiza in second and third, following the collapse in long-haul travel due to widespread travel restrictions.
PrivateFly says it is cautiously optimistic for the months ahead.

PrivateFly has launched its Q3 Private Jet Charter Trends report, which reveals that 44 per cent of bookers were flying for the first time and more clients were booking at short notice, with so much uncertainty around travel. The findings come in response to a move away from commercial airlines badly impacted by the COVID-19 pandemic, as passengers sought 'safer' ways to fly.

The worldwide slump in international business travel meant that most flights over the period were for personal or leisure travel. The report also showed bookings by families had taken off, with a rise in the percentage of children being carried from 14 per cent last year to 20 per cent this year, and an increase from three to seven per cent with family pets on board.

All PrivateFly's top 20 destinations are in Europe for the first time, with London in first place and Nice and Ibiza in second and third place, following the collapse in long-haul travel due to widespread travel restrictions. And consumer uncertainty around travel plans was clear, with the lead time between booking and flying shortening: 55 per cent of PrivateFly customers chose to fly within a week of booking and just eight per cent booked a flight more than 30 days in advance versus 22 per cent in 2019.

PrivateFly CEO Adam Twidell says: “With private aviation offering a safer way to fly during the pandemic and a pent-up demand for personal travel, demand was high in Q3 compared to airline travel. In fact, we arranged slightly more flights in Q3 this year than last year, outperforming the overall European market. However, our passenger mix is changing noticeably, with far more families and first-time flyers than before. There's also a trend amongst our existing clients who used a mix of private jets and airline flights, to fly private more frequently going forwards. That's why in August we launched our new PrivateFly jet card, which offers fixed hourly rates and guaranteed availability to those who fly more often.

“October demand is looking reasonably strong so far, but what will happen next is harder to predict for the entire industry, with so much uncertainty in the market. Bookings continue to trend short-notice and business travel is still lower than usual, although corporate clients are researching and budgeting. But we are cautiously optimistic about the coming months. For those who want and need to fly, the appeal of private jet travel remains compelling.”

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