Global business aircraft flight activity last month rose by 1.4% from a year ago, despite decreases in key North American and European markets, according to the latest TraqPak data from Argus International. Flying in North America and Europe respectively dipped by 2.4% and 3.1% year over year, while activity in the rest of the world surged by 37.9%. Argus forecasters expect a 3.6% decrease in North American flying this month, as well as a 4.5% erosion in Europe, versus September 2023.
In North America, activity declined in every aircraft segment, with large-cabin jet flying suffering a 9.3% decrease from a year ago. Other segments had more moderate losses: turboprops, -1.5%; light jets, -1.4%; and midsize jets, -0.9%. Fractional flying was above water, logging an 8.6% gain from a year ago, while Part 91 and 135/charter activity fell 5.5% and 3.3%, respectively.
In this article
More In Aircraft
