Significant growth in business aviation amid COVID-19 outbreak

The current situation in the world regarding COVID-19 has seen private aviation companies report an increase of 400% in queries and bookings. The massive explosion in the aforementioned sector can be attributed to travel restrictions and social distancing recommended by health officials.

Why choose a business jet?

Health Services around the globe currently recommend practicing social distancing, therefore people turn to private jets to help them relocate elderly parents or travel freely without being subject to government-imposed bans on airlines. According to the report made by GlobeAir, comparing to commercial flights, flying private is 30 times less risky regarding the exposure to an infected person. With a minimal risk of infection and the ability to fly long distances, private aviation has proven to be a reliable choice among a wide variety of individuals, from typical work class to business people and government officials.

Business aviation to grow after COVID-19 ends

With analysts predicting a U-shaped rather than a V-shaped recovery for the aviation sector, there are many doubts about global connectivity recovering to the pre-crisis state.

However, business aviation companies already report a massive number of new clients who have never flown private. Therefore, by becoming more and more popular among working-class people because of the limited number of contacts during the flight, business aviation is set to continue its growth and support post-crisis recovery of the sector.

Growing MRO services demand business aircraft

The massive growth in the private aviation sector is predicted to result in a growth of demand for MRO services. With the global Business Jet MRO market to be valued US$4.36 billion by 2024, the upcoming wave of new private operators requiring high-quality MROs to perform maintenance on their aircraft can rapidly adjust the period needed to surpass US$5 billion marks.

Jet Maintenance Solutions is fully qualified to provide maintenance, repair, and overhaul services for Hawker Beechcraft 700/750/800/800XP/850XP/900XP, as well as Bombardier CRJ100/CRJ200/CRJ440 and Challenger 604/605/850 aircraft. Jet Maintenance Solutions is also a global provider of spare parts and components and is ready to support all private aircraft operators and owners around the globe.

“This aggressive pandemic heavily impacted the entire population and businesses across the globe; business aviation is not an exception. Despite that fact, it is a good moment to take care of customers’ fleets and prepare aircraft for the high season flights when traveling will become a normal routine as it was before the COVID-19 outbreak. Many countries are following local government‘s restrictions related to traveling – in our country the decision was made to mitigate the quarantine conditions and now our national airport in Vilnius is allowed to welcome private jets with up to five crewmembers. Due to this, our company is ready to welcome customers for aircraft maintenance at our hangar in Vilnius, Lithuania, starting from the 11th of May 2020. We took all the necessary measures to ensure hygiene compliance in our customers’ private jets. All aircraft, which will come to our hangar for the maintenance tasks, will be disinfected responsibly”, says Mr Vytis Zalimas, CEO of Jet Maintenance Solutions.

This report/news/ranking/statistics has been prepared only for general guidance on matters of interest and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, CEOWORLD magazine does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.

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