2022 Latin America Private Aviation Outlook

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December 29. The pandemic changed travel forever. That’s no overstatement. Commercial aviation was grounded, and private flying was challenged for creative, out-of-the-box solutions. During 2021, after a noticeable slump in demand due to travel restrictions in almost every continent, passengers still needed to fly, naturally. Whether for repatriation purposes, cargo flights or urgent business matters, private aviation was there, as flexible, and efficient as ever, to provide solutions.

Safety deserves a separate paragraph, as it was arguably the main added value that executive flights brought to the table as passengers were worried about the virus and the potential infection rate. Well, when flying privately those concerns are reduced almost entirely as the travel experience is controlled from start to finish, with touchpoints reduced to a minimum. That fact increased travel demand in Latin America while first-time private jet travelers knocked on the door.

Furthermore, another important highlight during 2021 was the diversification of the industry in the region, with operators understanding that diversification was instrumental for maintaining the flight hours. A marketplace like Flapz was a key driver for those operators without the needed reach to commercialize their assets, providing a transparent channel to pair the supply and demand. In fact, during May and July, Flapz registered a 350% increase in cargo flights, because of the drop in commercial operations and the possibility to have an aircraft available in just two hours.

Source: Aviacion Online

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96180cookie-check2022 Latin America Private Aviation Outlook