Aircraft
For Now, Bizav Tailwinds Are Stronger Than Headwinds
Business aviation traffic and demand are generally still strong, but rising costs and economic uncertainty are all too visible, said the analysts at WingX.

Business aviation traffic is outperforming the airlines as the sector continues to bounce back from Covid. New data released by analysts WingX Advance showed that the 247,668 business jet and turboprop sectors logged during the first 16 days of May represented a 13 percent improvement over May 2019, and a 21 percent uptick compared with the same period last year. By contrast, scheduled carrier passenger flights remained 23 percent down on May 2019 levels, albeit these were 35 percent better than May 2021.