One would think that increased interest in private air travel by those seeking to avoid germy airport environments would be a good thing for new business jet sales. To the contrary, things have been rather unremarkable – but that could soon change.
Travelers trying to avoid airline travel altogether sought alternatives. Private jet charter companies reported a flood of inquiries last year, many from first-time users, as did fractional aircraft firms, who sell pieces of jets like a condo timeshare. Despite this, the number of flights for both charter and fractional flights decreased for the year, making it appear that the majority of these quotes never materialized into a paid flight, perhaps by the uninitiated’s sticker shock to 5-…