Charter & Fractional
Argus: January Bizav Operations Continue Downward Trend
Argus forecasts slight uptick in North America in February
PlaneSense PC-24
Small-cabin fractional operations ticked up the most in North America in January, Argus reported. © PlaneSense

January kicked off the year with a 4.3 percent drop in global business aircraft flight activity as the North American market declined by 5.5 percent year-over-year and Europe was down by 7.9 percent, according to aviation data research and safety specialist Argus International. Reporting on its monthly TraqPak data, Argus found traffic down not only from weaker demand but also from significant weather.

In North America last month, fractional operations continued to gain steam, up 9.4 percent year-over-year. But that marked the only gain in the continent in January, with Part 91 activity down by 6.7 percent and Part 135 off by 9.8 percent from the same month a year ago.

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