European Business Aviation Special Report: Weekly Roundup
June 01, 2020
Flight Paths Forward: The Future Of Business And General Aviation
Business aviation was an industry in transition as it entered 2020. The sector never fully recovered from its downturn after the 2009 financial crisis. Manufacturers rationalized production and refreshed product lines in response. But for a market that grew giddily in the first years of the new century, only to crash, flat had become the new normal.
Business Aviation Anticipates Speedy Recovery From COVID-19
As grim as the present situation is for companies across the aerospace sector, top executives increasingly believe the business aviation segment may recover faster than airline travel.
Fast Five With Aerospace Analyst Richard Aboulafia
Business & Commercial Aviation Editor-In-Chief William Garvey talks with Richard Aboulafia, Teal Group vice president of analysis, about projections for business aviation after the COVID-19 crisis.
It sometimes can take a crisis to solve a crisis. And it may be that among the few silver linings in the billowing dark clouds of the COVID-19 pandemic is an end to the chronic global shortage of pilots as airlines park their planes.
Polishing Business Aviation's Image In Times Of Crisis
To what extent should business aviation blow its own horn as it donates resources and provides relief services in the fight against the COVID-19 pandemic? Is there a danger it could send the wrong message?
Recovery in business aviation will be spurred by a raft of new models just entering service or planned for the near future. All the major manufacturers have new products.
As the aviation industry largely ground to a halt toward the end of the first quarter of 2020, a few operators kept flying. Among them was VistaJet, the private-jet aviation company headquartered in Malta. According to Chief Commercial Officer Ian Moore, VistaJet has been able to continue operations through a combination of thorough preparation, a worldwide knowledge base and a workforce that has shown remarkable levels of adaptability and resolve.
Sustainability Goals More Vital Than Ever Post-COVID, Fuel Industry Says
It may not be one of the most immediately pressing issues raised by the coronavirus pandemic, but COVID-19 has raised the profile of aviation’s environmental responsibility. Even as would-be vacationers yearn for a relaxation in travel restrictions, reductions in pollution and aircraft noise are cited worldwide as bright spots amid the gloom.
EBAA Kicks Into High Gear To Support European Business Aviation
Europe’s business aviation industry has faced crises before, but never on the unprecedented scale of the COVID-19 pandemic. Even as it struggles for survival, it has mobilized to provide invaluable help as the collapse of the airline industry has cut movement of medical equipment, patients and aid workers.
While the pandemic has had devastating effects on the industry, business aviation is now finding silver linings, from ending the pilot shortage and polishing the image of biz jets to meeting sustainability goals and coming out stronger.
