Bizav Ops Flourish but Ukraine Crisis Dampens Future
Business aviation operations have remained strong worldwide in the first few months of the year, but the Ukraine crisis clouds that outlook, WingX said.

While operations have continued to flourish globally, business aviation data research specialist WingX warns of dampened demand, particularly in Europe, in the face of the Ukraine crisis. WingX said in the latest Global Market Tracker report that “the Ukraine crisis has rapidly displaced the pandemic as the most significant destabilizing factor in the European region.” Managing director Richard Koe added, “Downstream consequences from the current crisis could have severe economic consequences, which will threaten flight demand as the year unfolds.”


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