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WingX: The Global Business Aviation Market Is Still On Solid Ground
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Despite some minor deviations, North American and European activity is nearing 2022 levels
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October's global business aviation activity is on par with that of 2022, and it is well above pre-Covid 2019 activity.
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Business aviation usage in North America and Europe is now aligned with 2022 trends, according to industry data tracker WingX Advance, with activity levels 20 percent above pre-Covid levels.

In the third week of October, global business jet and turboprop use was up 1 percent year-over-year. That's 2 percent below the peaks of 2021 and 17 percent above the same period in 2019.

In the dominant North American market, business jet activity was down 3 percent in week 42, but 21 percent above pre-Covid 2019. New York City-area general aviation hub Teterboro Airport experienced its busiest October activity in the past four years.

While European activity was 1 percent ahead of last year’s pace and up 12 percent over 2019, it was 15 percent off the post-Covid peaks of 2021. Though fractional fleets have been flying more than in any October over the past four years, corporate flight activity in Europe is off by 16 percent year-over-year and trailing 2019 by 19 percent.

For the Asian market, business jet activity has been up by 12 percent in terms of the number of flights flown so far this month compared to the same period last year. The region is paced by India, which saw an increase of 10 percent. Following last year’s lockdown constrictions, China is seeing a nearly 200 percent increase in activity.

The Middle East continues to exceed last year’s activity levels, up 4 percent over October 2022 and more than 50 percent above 2019. Qatar and Saudi Arabia are both experiencing their busiest October since 2019. For the month, business jet departures from embattled Israel are trailing last year's by 8 percent but remain 38 percent ahead of their pace four years ago.

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Newsletter Headline
WingX: Global Bizav Market Is Still Solid
Newsletter Body

Business aviation usage in North America and Europe is now aligned with 2022 trends, according to industry data tracker WingX Advance, with activity levels 20 percent above pre-Covid levels.

In the dominant North American market, business jet activity was down 3 percent in week 42 but was 21 percent above pre-Covid 2019. New York City-area general aviation hub Teterboro Airport experienced its busiest October activity in the past four years.

While European activity was 1 percent ahead of last year’s pace and up 12 percent over 2019, it was 15 percent off the post-Covid peaks of 2021. Though fractional fleets have been flying more than in any October over the past four years, corporate flight activity in Europe is off by 16 percent year-over-year and trailing 2019 by 19 percent.

For the Asian market, business jet activity has been up by 12 percent in terms of the number of flights flown so far this month compared to the same period last year. The region is paced by India, which saw an increase of 10 percent. Following last year’s lockdown constrictions, China is seeing a nearly 200 percent increase in activity.

The Middle East continues to exceed last year’s activity levels, up 4 percent over October 2022 and more than 50 percent above 2019. Qatar and Saudi Arabia are both experiencing their busiest October since 2019.

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