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https://www.wsj.com/articles/private-jet-flight-shame-11638478489
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There is nothing like a pandemic to highlight the advantages of flying private, but “flight shaming” looms large. As big companies and wealthy consumers look to keep flying without the stain of owning planes outright, “Uber-like” services like Wheels Up, VistaJet and Blade could reap the gains.
Business-jet traffic is now up a whopping 45% world-wide relative to the start of 2019, compared with a 24% drop in commercial traffic, according to tracker FlightAware, even though corporate travel hasn’t yet recovered. The demand has come from rich people—many of whom had never used a private plane—living in more remote locations and avoiding commercial airports for vacations, jet brokers say.
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This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.