27 Apr Our private aviation update
When the world was faced with a full lockdown in April of 2020 due to COVID-19, and what was to follow, there was a distinct fear within the private aviation industry, that perhaps once again, we were headed into a dark scenario reminiscent to the global financial crisis of 2008.
The fear of the unknown, the fear of a potential massive industry collapse, the fear of inventory levels of pre owned business aircraft skyrocketing because their owners were no longer going to be able to afford to operate them and needed them sold at any price, was prevalent on many peoples’ minds.
Fast forward to April 2021, and it can now safely be said that, thankfully, those fears did not materialize.
While many industries, Aviation included, are still facing strong headwinds in a post COVID-19 world, Private Aviation was an industry with very strong fundamentals and foundations prior to COVID-19 and because of this, has been able to sustain itself and in many areas even excel in its recovery from the pandemic.
As we all bore witness, April and May 2020 saw both commercial and private aviation flights come to a complete stop. From June 2020 onwards, private aviation slowly began operations once again with much required emergency medical patient evacuation flights, private business jets filled with PPE cargo and other desperately required medical equipment to assist in the combat against COVID-19. Also, multiple repatriation flights for nationals who were unable to return to their home countries due to border closures were taking place.
Continuing on, business and leisure charters continue to return to pre COVID-19 levels, which is a formidable accomplishment considering the unfortunate toll which the pandemic has had on the commercial airline industry.
Original Equipment Manufacturers or OEM’s as well, continue to develop and introduce new business aircraft to the market for discerning UHNWI customers.
Bombardier has just delivered its industry leading, game changing 50th Global 7500 ultra-large cabin, ultra long-range business jet to its new owner, which is a landmark achievement for the Global aircraft platform. Combining this with the newly minted Global 5500 and Global 6500, the Global 7500 now completes an absolute stellar offering from Bombardier in its wide body, ultra-long range segment.
Gulfstream continues to make tremendous progress on its new flagship, G700 ultra-large cabin, ultra-long range business jet. Complimenting its already in service clean sheet design G500 and G600 models, the G700 which has not yet entered service, has already received multiple orders, ensuring Gulfstream maintains a firm grip on the very high end luxury, long range segment.
French manufacturer Dassault also continues its product development and flight testing on its new ultra wide body Falcon 6X, along with a much anticipated market announcement and debut on 06 May 2021 of its newest addition to the luxury business aircraft marketplace, which has yet to be seen or named. This will further solidify Dassault’s line up including the ultimate luxury defining Falcon 8X ultra long-range business jet in service.
Despite the effects of the pandemic, there still remain exciting times ahead for the private aviation industry.
If anything else, what COVID-19 has shown us is that no matter what the circumstances we face, our perseverance, human desire and will power to continue forward can and will overcome any obstacle we face.
Private aviation allows you as an UHNWI, VIP or Executive, the ability to continue business in a normal fashion. When you combine this with the diminished routes, destination airports and services offered by commercial airlines due to the pandemic, this alone speaks volumes for anyone considering the utilization of a private aircraft for business or personal travel.
The Value of Time savings which private aviation affords you combined with new stringent health and safety measures, continuously sanitized aircraft interiors, privacy and social distancing and private VIP aviation terminals makes the decision to utilize private aviation in fact, that much easier.
Huriya Private Aviation specializes in a personal, bespoke service, with our foundation firmly rooted in accountability, integrity and trust. Our priority is providing you transparent and accurate data in assisting you in making the best decisions for your business and family’s private aviation travel requirements, or a business aircraft sourcing and acquisition program, followed with a seamless entry into service.