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- Arshdeep, Chakravarthy help India hammer Bangladesh in T20 opener
- Lewandowski's quickfire hat-trick powers Liga leaders Barca to Alaves victory
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- Lewandowski treble powers Liga leaders Barca to Alaves victory
- Russian activist killed on front line in Ukraine
- Openda strike briefly sends Leipzig top of Bundesliga
- Goal-shy Man Utd have to 'step up', says Ten Hag
- India bowl out Bangladesh for 127 in T20 opener
- Madueke rescues Chelsea in draw with 10-man Forest
- Beckett's belief rewarded as Bluestocking storms to Arc glory
- Trump on the stump, Harris hits airwaves in razor-edge US election
- Flash flooding kills three in northern Thailand
- Kaur leads India to victory over Pakistan in Women's T20 World Cup
- Juventus held by Cagliari after late penalty drama
- In France's Marseille, teen 'stabbed 50 times' then burned alive
- Ruthless Gauff beats Muchova in straight sets to win China Open
- India restrict Pakistan to 105-8 in Women's T20 World Cup
- England target repeat of Pakistan Test whitewash
- Penrith Panthers win fourth straight NRL title after downing Storm
- Weary Sinner happy for day off after battling into Shanghai last 16
- Pakistan's Masood warns England still a force without Stokes
- Madrid's Carvajal to miss several months after serious knee injury
- Israel pounds Lebanon ahead of Hamas attack anniversary
- Two elephants die in flash flooding in northern Thailand
- Sabalenka targets world number one and Wuhan hat-trick
- Toddler among 4 dead in migrant Channel crossings
- Tunisia votes with Saied set for re-election
- Bagnaia sets 'example' with Japan MotoGP win to cut gap on Martin
- Intense Israeli bombing rocks Beirut ahead of war anniversary
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- Five of the best: Pakistan-England Test thrillers
- Man sets arm on fire as marches across US mark Gaza war anniversary
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- Trump rallies at site of failed assassination: 'Never quit'
- Too hot by day, Dubai's floodlit beaches are packed at night
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- Lebanon state media says 'very violent' Israeli strikes hit south Beirut
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- Lebanon state media says Israeli strikes hit south Beirut
- Miami on track for MLS record points after win in Toronto
- Madrid beat Villarreal but Carvajal suffers knee injury
- Madrid beat Villarreal to move level with Liga leaders Barcelona
- Monaco take top spot in Ligue 1 with win at Rennes
- French rugby player on rape charge whistled but 'serene' on return
- Madrid beat Villarreal to level Liga leaders Barca
Private jets soar past global pandemic, oil price woes
Airlines may find themselves swept up in unprecedented turbulence -- with air travel shunned over climate concerns, plagued by pandemic shutdowns and soaring oil prices -- but for private jet operators, business is booming.
The appeal of private jets has taken off since the start of the pandemic, amid fear of catching Covid-19 and as widespread cancellations and stringent measures have turned flying commercial into a logistics headache.
"The impact of Covid really forced people to look elsewhere for their travel needs," said Philippe Scalabrini, who heads the southern European division of the international private aviation company VistaJet.
"Anyone who can afford it wants an entire plane at their disposal," he told AFP, adding that "private aviation, as whole, has had an incredible surge of demand over the past two years."
Numbers from air traffic regulator Eurocontrol appear to confirm that.
It found that private air travel nearly doubled its global market share between 2019 and 2021, when it stood at 12 percent.
- Luxury -
Standing inside the newest addition to the VistaJet fleet, the Global 7500 built by Canadian business jet maker Bombardier, Scalabrini showed off what air travel can look like in that exclusive market.
Abord the luxury plane, costing a whopping $72 million (65 million euros), clients can enjoy plush cream-coloured leather chairs, a large double bed, and wine tasting.
To limit jet lag, the cabin pressure can be better regulated than on commercial flights, allowing clients to sleep as soundly "as at their cabin in Saint-Moritz", the chic Alpine ski resort, Scalabrini said.
And their pets can travel in luxury as well, with toys and treats on demand.
With annual contracts starting at 500,000 euros ($550,000), VistaJet's target audience includes wealthy individuals and business leaders, with growing numbers from the tech sector.
"Obviously we see the evolution of clients following the macro-trends we see in the world," Scalabrini said.
- 'The Covid effect' -
More than anything, the pandemic has driven the latest upsurge in demand.
Scalabrini said "the Covid effect" last year helped VistaJet swell the number of flying hours sold by 90 percent.
And the company, founded in 2004 by Swiss billionaire Thomas Flohr, announced last month the purchase of Air Hamburg, in a move it said would help grow its flying hours by another 30 percent.
That announcement, however, landed just three days before Russia launched its full-scale invasion of Ukraine and Western countries unleashed a slew of harsh sanctions, sparking panic on markets and sending oil prices soaring.
Scalabrini said it was "a bit early" to determine how the crisis would affect his company.
"At the moment we cannot fly to Russia, we cannot fly to Ukraine unfortunately, so obviously there is an impact, but it's a minimal impact," he said, pointing out that Russian clients made up less than five percent of VistaJet's turnover.
"We've got clients all over the world."
- Image issue -
While private jet companies may weather the crises currently gutting commercial aviation, they face the same outrage over air travel's outsized contribution to climate change.
A private jet flight pollutes 10 times more than a commercial flight, according to the Transport and Environment NGO.
Environmental questions will in the long term be one of the biggest challenges facing business air travel, Philippe Berland, an air transport specialist with the Sia Partners consulting firm, told AFP.
In the short term, however, he said the immediate question would be how the sector manages to absorb soaring oil prices, and also whether private jet companies can hold onto the clients they gained during the pandemic as commercial flights return to normal.
"In this sector, where an hour of flying time is already very expensive, price is not the only factor," Berland said, suggesting that some of the newly won clients may have grown accustomed to the ease and speed of departures with private jets.
Pascal Fabre, aviation expert with the Alix Partners consultancy, said the sector was not very sensitive to rising oil prices.
When you buy a plane "for several tens of millions of dollars," he told AFP, "the fuel bill is not an issue."
S.F.Warren--AMWN