More business travelers are taking to the air on privately owned and chartered planes.
The European air safety body Eurocontrol saw a 5.5 percent rise in private business aircraft flights in 2010, continuing into this year. That followed the slump after the financial crisis.
At the European Business Aviation Conference and Exhibition in Geneva, Thomas Flohr, Chief Executive of private aviation service VistaJet, said: “We have a number of very large corporations world-wide who need to use the service to get their executives into remote locations, negotiate their transactions and be back at the headquarters and it’s that kind of efficiency which is making them buy services such as ours.”
France and Germany both saw an increase in their shares of European business aviation departures last year with Britain pulling ahead of Italy, but the strongest future growth is anticipated in Asia.
Business aviation industry chiefs plan to stage their first-ever Asian showcase sales exhibition in Shanghai next year.
Business aviation accounts for some eight percent of world flights – currently concentrated in Europe and North America.