Argus Midyear Review Shows Bizav Flying Up 1.7% YTD
Argus’ TraqPak quarterly forecast predicts that flight activity in the third quarter will be up 1.9 percent year-over-year.
Customer interest for business jets rose in North and South America, Asia and the Middle East, according to the latest business jet index from UBS Equities. Pricing and inventories of pre-owned aircraft are still a drag on industry growth, however.
Customer interest for business jets rose in North and South America, Asia and the Middle East, according to the latest business jet index from UBS Equities. Pricing and inventories of pre-owned aircraft are still a drag on industry growth, however.

North American business aviation flight activity in the first half of this year was 1.7 percent higher than in the first six months of last year, according to a midyear review released July 14 by aviation services group Argus International. The company’s data indicated that there were 1,396,001 flights during the first six months of this year–22,858 more than in the same period last year and 42,653 more than in the first half of 2013. On a rolling 12-month snapshot, flights were up 2.2 percent when compared with the July 2013 to June 2014 time frame.