Charter & Fractional
WingX Sees Stagnant Bizav Flight Activity Year-to-date
Global flights were down around 3 percent year-on-year in the first two months of this year
WingX presentation at BBGA conference
WingX CEO Richard Koe gave the British Business & General Aviation Association an update on traffic activity rates in the early weeks of 2024. © AIN/Charles Alcock

Global business aircraft flight activity for the first two months of 2024 was down about 3 percent compared with the same period in 2023, according to data released today by WingX. The data analytics company’s CEO, Richard Koe, told attendees at the annual British Business & General Aviation Association conference that Europe is generally lagging behind North America as the continent's main economies endure weak growth and continued fallout from Russia’s war with Ukraine.

During 2023, when Koe described industry activity as "simmering" after the exceptional post-Covid performance in 2022, WingX recorded stronger traffic growth rates in Asia (up 28 percent), Africa (up 26 percent), and Latin America (up 16 percent). However, these regions collectively still account for less than 10 percent of global activity.