Private jet charters ride crosswinds of COVID in Asia


Source: nikkei.com nikkei.com

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The global market for private jet charters has been expanding amid the coronavirus pandemic. (Photo courtesy of Air Charter Service) IAN LLOYD NEUBAUER, Contributing writer February 11, 2021 10:45 JST | Indonesia Copy Copied JAKARTA -- In October 2019, Honeywell Aerospace predicted that up to 7,600 new private jets would be purchased for an eye-watering $250 billion over the following 10 years -- a 60% increase over the 4,600 jets in operation at the time. The outlook was even rosier for Asia, where additional jet purchases were projected to equal 10% of the global market within five years. Six months...