Covid-19 lifts private aviation to new heights

Covid-19 lifts private aviation to new heights

Covid-19 lifts private aviation to new heights

Aviation sector faces hiring headache (credits:google)

Advertisement
  • The chairman of Vista Global Holdings reports a considerable increase in new corporate memberships.
  • We pioneered a completely new way to fly, with access to a global branded fleet, paying just for hours flown, assured availability, and no asset risk.

DUBAI: Long overlooked as an ultimate luxury by business-class tourists, private jet bookings hit new heights during the Covid-19 pandemic when commercial travel was banned. Those in need of urgent travel had no choice but to turn to private aviation to fill the hole.

Advertisement

“This led to a sudden and massive influx of business travelers flying private for the first time,” said Thomas Flohr, founder, and chairman of Dubai-based Vista Global Holding, a private aviation portfolio of companies, including VistaJet, the first and only worldwide business aviation company.

Read More: IBM has begun a ‘orderly wind-down’ of its Russia business: Arvind Krishna

According to WingX, a corporate aviation intelligence group located in Germany, 3.3 million private flights will be operating globally in 2021, a 7 percent increase over pre-COVID Covid 19 estimates.

The epidemic provided an opportunity for private aviation companies such as VistaJet to demonstrate to new consumers that flying private may be a financially viable travel option in the long run.

Read More: Volkswagen is looking to set up new electric vehicle & battery plants in US

“Overall, private aviation was well-insulated over the past couple of years,” said Flohr. “Ultimately, the pandemic showed that it does not necessarily work out more expensive. As a result, we have seen a significant surge in new corporate memberships due to organizations recognizing the many benefits we offer in terms of safety, security, and accessibility.”

Advertisement

By mid-2021, up to 71 percent of VistaJet’s new requests were from passengers who had never utilized business aviation before.

Advertisement
Advertisement
Read More News On

Catch all the Business News, Breaking News Event and Latest News Updates on The BOL News


Download The BOL News App to get the Daily News Update & Follow us on Google News.


End of Article

Next Story