Early 2022 business jet demand is surging especially in the U.S. and Europe. [File Photo: Adobe Stock]
Key Takeaways:
Global demand for business jet flights has started 2022 with very strong numbers, exceeding pre-pandemic levels (early 2020) by 38% worldwide, with significant surges in the U.S. (31% increase) and Europe (53% increase compared to early 2021).
This robust growth in business jet activity contrasts with scheduled passenger airlines, which are more negatively impacted by the current Omicron variant surge, as evidenced by Delta Air Lines' recent $408 million loss.
While demand is strong in many regions, recovery is not uniform; countries like Canada are still recovering, Australia's demand has flagged, and China experienced a 33% slump from January 2021.
Global demand for business jet flights has started the year with very strong numbers, according to an industry report released Thursday.
WingX’s weekly business aviation survey said bizjets flew 26 percent more flights worldwide in the first 10 days of this year than they did in the same period in 2020, before the pandemic.
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Thom is a former senior editor for FLYING. Previously, his freelance reporting appeared in aviation industry magazines. Thom also spent three decades as a TV and digital journalist at CNN’s bureaus in Washington and Atlanta, eventually specializing in aviation. He has reported from air shows in Oshkosh, Farnborough and Paris. Follow Thom on Twitter @thompatterson.