The patchy return of scheduled flights is diverting record numbers of wealthy travellers to private jets, prompting an aircraft crunch as the industry scrambles to increase capacity.
More than 4.2m private jet flights have taken place this year, according to aviation data provider WingX, with a record number in each of the past six months. In the first week of November they were up 54 per cent on the same period last year, and up 16 per cent on 2019.
FlexJet’s chief executive “pretty much spent the last nine months shopping for aircraft”, said the fractional ownership company’s European managing director Marine Eugene.
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