Business aircraft flight activity last month fell 3.4% year over year (YOY), with North America down 4.9% and Europe falling 8%, offset by an 18.5% increase in the rest of the world, according to TraqPak data from Argus International. The company’s analysts had forecast a 3.2% decline in North America; for July, they expect flying in North America to see a marginal 0.2% increase while European activity would decrease by 5.1%.
In North America, fractional activity climbed by 12.1% YOY in June, while Part 135 and 91 flying activity eroded by 5.3% and 10.2%, respectively. By aircraft category in the region, midsize jets saw the least erosion, down 0.2%, followed by light jets, -5.9%; turboprops, -6.3%; and large-cabin jets, -10.4%. In individual segments, fractional midsize jets came in on top, increasing 14.8% YOY, while Part 135 large-cabin jet flying fared the worst, falling 15.2%.
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