JSSI: Worldwide Bizav Use Up Sequentially in 2Q | Aviation International News

Finance, Taxes, Insurance

JSSI: Worldwide Bizav Use Up Sequentially in 2Q

In its business aviation index for this year's second quarter, the hourly maintenance cost provider examined several flight activity trends.

By Curt Epstein • Business Aviation Services Editor

August 24, 2016

Business aviation flight hours worldwide climbed by 4 percent in the second quarter of the year, according to the Q2 2016 Business Aviation Index released by maintenance support and financial services company Jet Support Services (JSSI). The index tracks business aircraft flight hours by region, industry and cabin type. According to the report, business aviation exhibited the typical uptick in activity over the first quarter but declined by 1.2 percent compared to last year’s second quarter, a drop that could be attributed to cautiousness about the presidential election next month. It could also indicate what the Chicago-based company describes as a “new normal” of modest but prudent business aviation usage.

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