The prevailing narrative is that the travel industry faced an unprecedented setback over the past 18 months. While this is true for most sub-sectors – for example, commercial airlines, traditional hospitality and travel management companies – a few verticals found themselves in an oasis and witnessed significant growth during this period. Vacation rental and extended-stay hospitality segments are two such commonly-cited examples. But another industry that enjoyed unprecedented success during the pandemic, yet didn’t receive as much coverage, was private aviation.
What happened to private aviation during COVID?
Like their commercial aviation counterparts, private aviation companies saw their revenues plunge to record lows in the first few
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