Demand recovering but light jets and prices still squeezed | Aviation International News

Charter & Fractional

Demand recovering but light jets and prices still squeezed

The recovery in the private and business charter industry is continuing in Europe, but w

By Charles Alcock • Managing Editor

May 16, 2011

The recovery in the private and business charter industry is continuing in Europe, but with significant variations in terms of where demand is bouncing back and for which types of aircraft. These are the main conclusions from new data generated for AIN by online charter portal Avinode (Stand 843) ahead of this week’s EBACE show.

One key trend that Avinode identified at the end of 2010 is the continued decline in demand for the majority of light jets. This time last year, these accounted for 30 percent of requested trips in Europe. Overall in 2010, light jets on average amounted to 26 percent of requests but as of the end of April this had slipped to just 23 percent (having been as low as 18 percent in January 2011).

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