The Only Way Is Up

THE AIRLINE INDUSTRY is, perhaps unsurprisingly, said to be the industry most affected by the pandemic. In February, the International Air Transport Association revealed that demand had fallen by 65.9 per cent in 2020. For private aviation, the outcome has been far more favourable, with data showing that while flight numbers were a little more volatile depending on who you asked, the industry as a whole saw greater recovery over the year as well as a significant rise in new interest.

NetJets revealed that after its flight volume initially dropped to as low as 10 per cent, the company was back to operating at 85 per cent volume, compared with