Private jet demand rises as wealthy Russians spend lockdown in West

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Private jet demand rises as wealthy Russians spend lockdown in West
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Some private jet companies have seen a rise in demand from wealthy Russians who want to spend time in the West during the coronavirus crisis but who were unable to take commercial flights amid tight restrictions by airlines and governments.

FILE PHOTO: A private jet descends before landing at the Pulkovo Airport, in Saint Petersburg, Russia, March 6, 2020. REUTERS/Marina Lystseva

“People are tired of lockdown living ... they are looking for ways to get out,” said Aleksandr Osit, owner of the JETVIP broker company which says it has registered a surge in one-way Europe-bound flights in the last two months. Flights continued in April, albeit falling to 61 round trips that month despite Russia suspending regular and commercial charter flights to and from Russia with some exceptions and locking down Moscow, the epidemic’s epicentre.Three aviation sources said the number of Russians flying into the country in March outweighed those leaving at a time when Russia had a relatively low coronavirus count and European countries were reporting far greater numbers.

“People believe that it is safer for them to be at their private residences abroad,” said Margarita Lomakina, the company’s commercial director.

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