Coronavirus Fear Surges Private Jet Industry

Due to the coronavirus epidemic, private jet operators saw a big spike in passenger requests wanting to charter their own aircraft. Some travellers are stuck inside or outside the country with airlines scaling back flights in and out of China. Despite the huge costs, the wealthy turn to private jet operators to ask them to arrange flights.

Yet, because of travel bans and a lack of available planes and crews, the businesses have to turn them away. Darin Voyles, of Paramount Business Jets, based in Australia, said the company had seen a ”considerable spike” in orders, but the bulk can not be filled because they can not get the crew or aircraft.

MyJet Asia in Singapore reveals 80-90% increase over the last month. “Some people have gone away for the Chinese New Year, and are now trying to return to China,” said MyJet Asia chief executive Logan Ravishkansar. Many others have requested flight back to Beijing, Shanghai and Hong Kong.

Many voyageurs are desperate to leave China due to Coronavirus outbreak. A South American government client asked PrivateFly, a multinational charter flight booking company,” to set up four hundred-passenger flights out of Wuhan,” according to its chief executive, Adam Twidell. Based in the UK, the company said it had many other queries from personal individuals and groups.

According to Paramount Business Jets, a” very small jet” will carry between two and four passengers. Also, it costs up to $2,400 (£ 1,850) per hour. A “super-midsize” jet will seat eight to ten passengers and cost $6,000 an hour. Global private jet company VistaJet said it has seen a double-digit increase in questions. This is over the past month despite stopping activities from and to China.

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