How Dependent Is Tourism Industry On Private Jets?

Private jets have become the center of attention in the last couple of Pof what should become of this segment of the aviation industry.

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However, while it might not seem that prominent at first glance, private jets are one of the key cogs in the tourism industry, especially in European countries like France, Italy, and Spain.

Like commercial aviation, private air travel acts as a link and an enabler of global tourism activities. Available statistics show that air travel - private aviation included - is used by over 58 per cent of international tourists. Thus, private jet travel and the tourism industry work interdependently to drive sustainable growth in the two sectors.

In Europe alone, private aviation contributes about 87 billion dollars each year in economic activity. Further, the industry provides over 400,000 jobs across various sectors, including direct and indirect employment in tourism-related areas and other induced effects through increased consumer spending in non-tourism areas such as banking services, retail businesses, and trade industries.

A travel advisory by Virtuoso has highlighted that the increased regulation in the tourism industry could hurt the private jet industry in countries like France, among others. Many international tourists consider the country and neighboring states like Italy and Spain as top destinations for international tourists, mainly for winter and fall travel. Thousands of international tourists take private flights from different countries and land at various airports each year.