Demand for private jet flights in North America is slipping, but industry insiders say it is a healthy correction from what had been unsustainable growth.
In April, there were 7.7% fewer private jet flights in North America than last year, said Travis Kuhn, senior vice president of market intelligence for Argus, a data tracker in private aviation.
Check Out Our Latest Releases…
Private jet travel is back in the news after the Chancellor of the Exchequer announced, in the Budget, that there will be a hefty 50% rise in air passenger duty from 2026 for flights on these types of aircraft. However, this is not deterring individuals and...
The dust is beginning to settle after a landmark US Presidential election, and industry stakeholders are taking stock, trying to understand how a second Trump White House will affect their industries. Airport Technology spoke to industry professionals across the US...
The private aviation industry is crucial in supporting the oil and gas industry. Oil fields, rigs and vessels are often located in remote or hostile areas and are impossible or difficult to reach by any other method. They simply cannot be accessed by commercial...