Kyle Patel, CEO of global private jet company BitLux, examines how the private jet segment has fared during the pandemic and what is expected for the industry moving forward.
Stats that support Europe’s recovery
There are high expectations for the private aviation industry in Europe with the return of summer. Along with less travel restrictions in the major economies comes a higher demand for leisure flights and the recovery of face-to-face business meetings. In fact, as reported by WINGX, Europe’s first day of summer registered pre-Covid activity levels.
The previous is great news for the continent as it marks the first time since the start of the pandemic that the industry has reached 2019 demand levels. Although still trailing heavily to what is happening across the Atlantic, with US States registering record-setting private jet activity, it is only down 1% compared to June 2019.
The previous is precisely what led BitLux to establish a partnership with The Dolder Grand hotel, based in Zurich, the first exclusively cryptocurrency-based luxury travel experience in the globe, allowing clients to pay with digital currency for a private flight from any airport in the world and book a room at one of Europe’s top five-star hotels. In fact, 50% of the company’s charter flights have been booked using cryptocurrencies during 2021, with international flights accounting for almost 80%.
Furthermore, when flying from the US, passengers have preferred to book heavy and ultra-long-range jets and, within Europe, they have favoured lighter jets. BitLux always has an impressive network of jets available around the globe with the aim to secure flight availability.
Top three private jet summer destinations in Europe
One of the main traits of private aviation is the possibility to land in places with no commercial connections, especially remote locations where only a certain type of aircraft can reach. That and the possibility to control the travel experience, which today, during a pandemic, seems somewhat unreachable if it were not for executive flight. What are top private destinations for the 2021 summer in Europe? Some might ring a bell.
1. Balearic Islands
Ibiza will never get old. Same with Palma de Mallorca. The Balearic Islands in Spain are a perfect way to start the summer, arriving in a private jet without worrying about the uncertainties of commercial airlines. Party, fine dining or just enjoying the beach, you decide how to spend your holidays and forget about the pandemic at least for a week. You deserve it!
2. French Riviera
Nice and Cannes is closer than you think. Probably two of the best equipped locations for private jet travel, reaching the famous Côte d’Azur on a private flight is standard procedure. Depending on your starting point, you can charter a medium sized jet or even turboprop and enjoy one of Europe’s top destinations. Being close to Monaco is also an added value for those visiting the region.
Never heard of it? It is never too late. If you dig luxury nautical tourism, then Tivat, in southwest Montenegro, is the place to be this summer. It also offers world-class hospitality and beaches on the Adriatic Sea. Porto Montenegro, also referred as Tivat’s marina, welcomes superyachts from around the world as well as offering top-notch nightlife.
BitLux provides various services across the air charter industry, but executive travel is one that is closest to heart. Whether you are flying for business or leisure, BitLux provides a top tier private jet service that actively exceeds expectations.