Updated: May 1, 2020
It goes without saying that we are in unprecedented times in terms of the scale of the outbreak and the potential effects on the economy. However, apart from the devastating effect that COVID-19 has on human lives and people’s livelihood, it will no doubt create a wealth of opportunities for those who are able and ready to adapt and that includes individuals who are forced to look for new opportunities in the near future.
We can with some certainty say that we have previously experienced similar events around the world, although to a lesser extent, such as the SARS outbreak in 2003, which had a significant adverse effect on aviation and businesses. So perhaps the best way to try and predict the outcome of the current crises facing us all, and in particular business aviation, is to try and look at patterns and behaviours during the outbreak of SARS and the current outbreak of COVID-19 and how this has affected aviation in general. Going back through history it is clear that aviation has suffered many setbacks, and although these events have resulted in a significant short term reduction in travel, aviation has always returned with full force - and there is no reason to believe that this time would be any different, especially as we are now more reliant on aviation than ever before.
Corporate and Private Aviation
Corporate and Private aviation saw a spike in demand just prior to the lockdown, as wealthy individuals and businesses wanted to reduce the risk of exposure to the virus by avoiding crowded airports and planes, in addition to suddenly needing to get to where they wanted to be, prior to the many travel restrictions imposed by governments over the previous weeks. Check out the article om BBC news explaining the increase in demand, even the Daily Mail is reporting on the increase in demand in the sector. Just like with any other business directly affected by people’s ability to move around freely, there has naturally by a significant decline in demand for private aviation as well, although this varies from country to country. What is important is, that once these restrictions are lifted, airlines will be slow to react as they gage the demand. This combined with the spike we saw in demand prior to the lockdown, will most likely result in a significant increase in demand for private aviation. Many now predict an increase in airfares and a reduction in many of the current services - making airline flying less flexible. We are also likely to see extensive screening measures being implemented at large airports around the world, which, unfortunately, will make the experience of airline flying far less attractive, especially to businesses and high net worth individuals and their families. As reported by many corporate jet buisness owners, they expect in increase in demand as individuals would wish to avoid crowded airports and commercial aircraft.
Airlines are struggling
Unfortunately, airlines are struggling, causing great concern for many permanent- and temporary staff in the industry. If you are looking for the opportunity to start freelancing as cabin crew on private jets then we are more than happy to help. You can also join our new Elite Crew Facebook group which will be a place where we will do our best to help current and future VIP crew in the future. You will also be able to ask any questions you may have. Please check out our online training course on our website.