Business Aviation Utilization Mostly Above Pre-COVID Levels
Business aviation has fared better than commercial travel. With the exception of large jets, all other business jets and turboprops have utilizations well above January 2020 levels.
The majority of private aviation flights today are for leisure rather than business travel. That leaves a lot of upside for the industry as people are vaccinated in large numbers and business travel starts to return.
A big question is whether private aviation users will return to the airlines once they feel safer traveling commercially—or if the luxury and convenience of private travel has sold them on business aviation.