Coronavirus News Asia

Apertus Aviation set to hit throttles after Covid

Worldwide business jet flights slumped by as much as 79% in the first two weeks of April, according to new statistics published by WingX and reported by AINonline.

For the US, the latest numbers indicated a worsening situation as data covering the first seven days of April showed a 60% drop compared with the same period in 2019.

According to WingX’s latest Global Market Tracker, published late on April 15, the whole of North America and Europe saw the highest levels of decline.

However, in Asia and South America, the reduction varied between 65 and 70%, and flight activity out of China was down by 57%.

So why is Ringo Fan, managing director of Hong Kong-based Apertus Aviation so bullish on the business jet industry?

“The current travel restrictions around the world are affecting the whole aviation industry, as few people are traveling at all,” says Fan. “Like the airline sector, a lot of business jet operators are now offering cargo, transport of medical staff, equipment and patients.” 

Fan says there are still some repatriation and cargo flights, and they are doing more domestic flights within China, but compared to last month overall demand has plummeted. In fact, from mid March to early April, flight requests were roughly down 80%, and they expect to see the decline continue in May and June. 

Dallas-based business jet charter operator JetSuite recently grounded its all-Embraer fleet —four Phenom 100s and eight Phenom 300s — and furloughed most of its crewmembers as the Covid-19 crisis drags on, according to a statement posted to the company’s website.

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