Avinode sees strengthening market for charter | Aviation International News

Charter & Fractional

Avinode sees strengthening market for charter

by Charles Alcock Light jets are losing market share in Europe, falling from 32 percent of the continent’s charter market in 2008 to 26 perce

By Charles Alcock • Managing Editor

March 28, 2011

Light jets are losing market share in Europe, falling from 32 percent of the continent’s charter market in 2008 to 26 percent last year. However, according to Magnus Henriksson, business manager with online charter portal Avinode, there are exceptions to this trend. Most notable among these is Cessna’s Citation Mustang, which went from being European customers’ 10th most popular model in 2009 to the number-three position last year. He also predicts that Embraer’s new Phenom 100 and 300 will have a big impact on the market over the next 12 months.

At the same time, Avinode sees larger jets gaining in popularity, with Bombardier’s Challenger 604 and 605, as well as Embraer’s Legacy, leading the way.

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