Charter & Fractional
Argus: Bizav Traffic Ends Year on Soft Note
North American operations were off by 3 percent and Europe by 8.8 percent in December
Phenom 300 (Photo: NetJets)
Fractional operations continued to lead flight activity gains in June. © NetJets

Business aircraft travel limped into the New Year, softening last month by 2.7 percent globally from a year earlier, according to the latest report from Argus International.

Based on TraqPak data, the Argus Analytics Global Aircraft Activity Report for December found activity in the North American market had declined by 3 percent year-over-year (YOY) in December with weaker-than-expected traffic between Christmas and New Year's. The European market, meanwhile, plummeted by 8.8 percent last month.

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