Surprise North America Gain Boosts Business Aviation Flying in October | Aviation International News

Surprise North America Gain Boosts Bizav Flying in October

All regions outside of Europe saw increases in flight activity during the month

Phenom 300 — Business aircraft flight activity rose 2.3% year over year last month, thanks in part to the North American market eking out a 0.5% increase. © Embraer

By Chad Trautvetter • Online Editor

November 7, 2024

Business aircraft flight activity rose 2.3% year over year (YOY) last month, thanks in part to the North American market eking out a 0.5% increase—versus a forecasted 2.7% decline—after charter activity turned positive, according to the latest TraqPak data from Argus International. The European market finished down 4.3% for the month, while the rest of the world saw a 20.8% YOY rise in aircraft utilization. Argus is predicting a 1.1% YOY decrease in North American business aircraft flying this month and a 1.8% increase in Europe.

By operational category, fractional flying in North America soared by 8.4% from a year ago, while Part 135 charter saw a marginal 0.2% gain and Part 91 declined by 2.3%, with gains in smaller aircraft and declines in larger aircraft. Aircraft categories were mostly positive in the region last month, but large-cabin jet flying fell 8.4% from a year ago. Light jets climbed by 2.5% from October 2023, followed by midsize jets and turboprops with 2% and 1.8% increases, respectively.

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Argus International

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