Just how much advantage business execs will
see in chartering in the near future is hard
to guess. I have noticed how busy we are seems to be directly tied to the stock market more than anything. The farther down
the market goes, the less buying, dealing,
etc. and hence the less exec travel. Dont
know about you guys, but our business has
been steadily slowing for the last year and
a half, coinciding with the slowing economy.
Since the WTC, we have had no trips at all.
We have a private owner who still uses the
airplane a bit when it is not being chartered
and luckily,it sounds like he wont get rid of it anytime soon, no matter how bad the
charter revenue gets. (whew!)
I feel bad for the guys working at the airlines right now (or soon to be not) but this is one time that I'm glad I'm not in that sector. I have a friend who always says
"why do you want to work corporate, one
economic downturn and the first thing to go
is the airplane, You're much more secure with
an airline". Guess that might not be true
anymore.