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Private Jet Travel Boom Is Here

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How executives travel is changing around the world - more of them are flying private jets in efforts to reduce covid-19 risks. And this trajectory is not expected to change soon.

Business jet sharing — similar to ride-hailing services such as Uber and Lyft — could be here to stay, reports The Wall Street Journal. Amid travel restrictions and health concerns, more executives are flying by private planes than before the pandemic started, with aviation company Vista Global reporting a 29% year-on-year increase in new sign-ups for its pay-per-hour subscription service. The trend could be the start of an eventual transformation within the “notoriously cyclical business” of private aviation manufacturing, notes The Journal. (InNews)