Aircraft
Argus: Business Aircraft Ops Continue Slide in March but April Improving
Globally, worldwide business aircraft operations were off YOY by 3.7 percent in March
Embraer Praetor 600
Midsize cabins and fractional operations were the only categories to inch up YoY in March. © Flexjet

Continuing declines in North America and Europe drove down global business aviation flight activity year-over-year (YOY) in March by 3.7 percent, according to the latest TraqPak report from Argus International. Operations in the North American market dropped 4.2 percent from March 2023 and were off by 11.3 in Europe. This tamped down the global results despite the 10.2 percent gain in the other parts of the world.

Argus anticipates the YOY activity to still be down in April, but not as precipitously as in March. The data and safety analyst forecast business aviation activity in North America to be off by 1.4 percent in April and only by 0.3 percent in Europe.

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