Global business aircraft flight activity last month climbed 3.2% year over year, according to the latest TraqPak data from Argus International.
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Global business aircraft flight activity last month climbed 3.2% year over year (YOY), despite a 6.5% erosion in European traffic, according to the latest TraqPak data from Argus International. Flying in North America ticked up 2.4%, while in the rest of the world it soared by 17%. For this month, Argus analysts are projecting a 0.2% YOY increase in North American activity and a 3.8% decrease in Europe.
“April provided us with a pleasant surprise and produced a monthly gain. Prior to the start of the month, all trends seemed to point to a slightly flat to negative month amid all the economic uncertainty,” said Argus senior v-p of software Travis Kuhn. “Even North American large jets and Part 91 operations managed to produce gain in activity.”
All aircraft categories and operator types were in the black in North America last month. By category, large-cabin jets took the lead with a 3.2% increase, followed by light jets, +2.8%; midsize jets, +2.7%; and turboprops, +1.2%. Fractionals continued to be the frontrunner by operator, surging 9.4%, while Part 135 charter and Part 91 saw more modest 1.4% and 0.4% gains, respectively. Two individual segments recorded double-digit gains: fractional large-cabin jet flying soared 15.4%, and fractional light jets rose 13%.
In Europe, midsize jet activity logged the only increase, up 1.9%. All other aircraft categories in the region experienced losses, led by large-cabin jets with a 17.9% decline, followed by light jets, -3.3%, and turboprops, -2.7%.
Turboprops reigned supreme in the rest of the world, jumping 24.4% last month, while light jet flying climbed a healthy 17%. Midsize jet activity ascended by 12.4%, and large-cabin jets rose 7%.
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Newsletter Headline
Bizav Flying Continues Ascent in April, Says Argus
Newsletter Body
Global business aircraft flight activity last month climbed 3.2% year over year (YOY), despite a 6.5% erosion in European traffic, according to the latest TraqPak data from Argus International. Flying in North America ticked up 2.4%, while in the rest of the world it soared by 17%. For this month, Argus analysts are projecting a 0.2% YOY increase in North American activity and a 3.8% decrease in Europe.
All aircraft categories and operator types were in the black in North America last month. By category, large-cabin jets took the lead with a 3.2% increase, followed by light jets, +2.8%; midsize jets, +2.7%; and turboprops, +1.2%. Fractionals continued to be the frontrunner by operator, surging 9.4%, while Part 135 charter and Part 91 saw more modest 1.4% and 0.4% gains, respectively. Two individual segments recorded double-digit gains: fractional large-cabin jet flying soared 15.4%, and fractional light jets rose 13%.
In Europe, midsize jet activity logged the only increase, up 1.9%. All other aircraft categories in the region experienced losses, led by large-cabin jets with a 17.9% decline, followed by light jets, -3.3%, and turboprops, -2.7%.
Turboprops reigned supreme in the rest of the world, jumping 24.4% last month, while light jet flying climbed a healthy 17%. Midsize jet activity ascended by 12.4%, and large-cabin jets rose 7%.