As the COVID-19 pandemic continues to affect travel plans around the world, private jet activity is expected to dip in September. According to Argus, a leading provider of jet fuel price information, private jet flight activity is expected to decline by 4.5% in September compared to August. This dip is in line with the overall decline in air travel demand that is expected in September as people continue to be cautious about traveling.
Argus attributes the expected decline in private jet activity to a number of factors, including the continued uncertainty around the pandemic and the economic downturn. In addition, many corporate jet owners are still working from home and have not yet resumed business travel. As a result, Argus predicts that private jet flight activity will remain below pre-pandemic levels for the foreseeable future.