
Global business aircraft flight activity was flat last month, falling by just 0.3% from November 2023, with North America seeing a stronger decline than initially expected, slowing 3.8% year over year (YOY), according to Argus International’s latest TraqPak data. The European market was mostly flat, ebbing 0.8% last month, while flying in the rest of the world climbed by 18.3% from a year ago.
“November activity in North America was expected to decline but it did slow a bit more than planned. Large-cabin activity continues to be a catalyst for declines as both Part 91 and 135 reported a double-digit decline in this cabin class last month,” said Argus v-p of software Travis Kuhn. “Looking ahead, we expect the first half of December to be up slightly from last year, with an overall expected gain of 1.6%” in North America. He is also predicting Europe will see a 1% increase this month.