INTERVIEW I 32 How do you prepare for the post-crisis back-to-business as usual mode? It’s at times like these where the speed, efficiency, flexibility and safety of business aviation comes to the fore. The ability to fly anywhere at a moment’s notice and get home quickly is proving invaluable. By avoiding large crowds of people and minimizing contact with others, business aviation can help limit the spread of infection for those who must travel. Sadly, the effects of the COVID-19 outbreak will financially impair some buyers, and yet there will be others who will come through this experience stronger and even more convinced of the value of aircraft ownership. I see the private aviation industry recovering faster than commercial at this point, and those who can afford it will likely choose to fly in a more controlled environment. Charter is expected to benefit most in the short term, which will then trickle down to ownership. Our market forecast predicted there would be a downturn, and we’ve prepared for it. We anticipate pent up demand will lead to a busy 2020 fourth quarter and 2021 first quarter. Every crisis creates opportunities and the companies that are willing to think creatively, reinvent themselves and explore ways to consolidate will come out of this even stronger than before. At Jetcraft, we will be using this time to continue to further enhance our offerings. More about Jetcraft
LEADING THE WAY FOR BUSINESS AVIATION BOOK NOW WWW.MEBAA.AERO Ultimate Jet I 51
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