North American Bizav Ops Dip for Second Month in a Row
Argus reported that North American and European activity edged down year-over-year in August, but the rest of the globe saw a resurgence.
As prices are on the increase overall, Asset Insight reports that midsize jets have marked a 140 percent jump in average ask price since the beginning of the year. (Photo: Bombardier)
As prices are on the increase overall, Asset Insight reports that midsize jets have marked a 140 percent jump in average ask price since the beginning of the year. (Photo: Bombardier)

Business aircraft flight activity in North America inched down year-over-year by 0.9 percent in August, marking the second month in a row where there was a softening of operations, according to the latest TraqPak Global Aircraft Activity report from Argus International. European operations were also down last month by 1.5 percent from a year ago, more than forecast. Despite this ebbing, global activity marked an increase of 1.8 percent in August, driven by a resurgence in other markets.


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