More European business travelers are flying into the UK by private jet to take advantage of the fall in the value of the pound according to Air Partner, the global aviation specialists.
Air Partner claims the number of private jets chartered by European business travelers between July and August 2018 increased by nearly 10% compared with the same time last year.
The trend toward more business travelers flying into the UK comes as speculation mounts that a UK-EU Brexit deal could be reached in the next few months and a recent rally by the pound against the euro, though there is continuing volatility in the markets.
Julia Timms, chief marketing officer at Air Partner, said, “Our latest figures seem to indicate there is continuing business confidence in the UK from European businesses, with bookings for private jet travel increasing by 8% compared to the same time last year.
“We are also seeing continuing confidence in private jet travel as well as a subtle change in which sectors are flying for business reasons, showing private jet charter remains fiercely competitive for corporates.
“Even with Brexit looming on the horizon, Air Partner remains perfectly positioned to offer a very strong alternative to traditional scheduled legacy carriers, with premium options as part of a bespoke traveling experience, providing unrivaled flexibility to even the most demanding of business travelers.”
The top five UK airports being used by European business travelers are Luton, Farnborough, Northolt, Biggin Hill and Manchester.